The company priced its initial public offering (IPO) of 1,380,000 American Depositary Shares (ADSs) at .5 apiece, the low end of its previously announced price interval, 36Kr said in a statement on Friday.
The company now has more than 200 offices in more than 80 countries and regions. Its focus is on BRI-related countries and regions, especially Pakistan, Bangladesh, Indonesia, the Philippines, and Vietnam.
The company, together with its subsidiary Alienware, launched six new gaming laptops based on the latest high-performance processors from Intel Corp, which are better able to efficiently cool down systems.
The company’s shipping costs have ballooned in recent years as it aims to speed up delivery. During Q2, Amazon spent .1 billion on shipping, up 36 percent. In 2018, Amazon spent .7 billion on shipping, an increase of billion or roughly 27.6 percent over the prior year.
The company is also striving to coordinate with multiple sides to maintain the supply of industrial production materials, and logistics services, so as to ensure the sustainability of businesses, YMTC said in a statement.
The company's Daqing Oilfield, China's largest oilfield situated in the northeastern Heilongjiang province, saw crude oil output reach 2.73 million tons, exceeding the monthly target by 0.8 percent, according to a CNPC announcement.
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The company was fined 100 million yuan. The remaining 11 defendants were jailed for three to six years.
The company said it is deciding on whether to build a new plant or renovating an existing facility. Either way, the plant will be operated by Human Horizons' management team and factory employee, and will manufacture products using its own technologies, it said.
The company's revenue reached 58.8 billion yuan (.2 billion) in the first six months, compared with 54.4 billion yuan in the same period last year, according to its interim results report filed to the Shanghai Stock Exchange.
The company reported 3.408 million wholesale vehicle deliveries last year, up by 7.2 percent annually. The group recorded total market sales of 3.346 million units last year, growth of 7.7 percent from the previous year.