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The company said the pandemic has changed the consumption habits and lifestyles of Chinese people, who are more willing to return to their families and focus on the quality of life, personal health and food safety in the post-epidemic era.

The company, Holophane Dalian, a producer of glass optics for automotive headlights, can manufacture more than 10,000 lenses every day.

The company plans to list on the NASDAQ under the symbol "YJ," by offering 13.5 million American depositary shares, or ADSs, at a price range of to 13, according to its prospectus filed with the US Securities and Exchange Commission.

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The company requires all rail transport companies to strictly standardize charges and avoid unlawful or extra fees.

The company said it will continue to sell menthol or mint nicotine cartridges online and in retail stores.

The company will carry out a back-door listing via SJEC Corporation, an elevators and escalators maker that has been suspended from trading since June this year.

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The company's stock price surged by 44.03 percent to reach 6.64 yuan (The company set up its Asia-Pacific headquarters in Shanghai in 2018. Apart from the planned distribution center, the company so far has set up three logistic centers in the country. Two of them are in Suzhou, Jiangsu province, and one is in Tianjin..98) per share shortly after the stock market opened and remained at the upper limit for IPO share price growth for the rest of the trading time.

The company says it has transformed the sector with its strategy of going cheap and has played a big role in the government's efforts to implement the digital migration. According to a McKinsey report, the company has transformed television viewing from an occasional luxury to a daily routine for many Tanzanians, thereby capturing the growing middle class.

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The company's results for the first quarter of 2020 have been significantly and negatively impacted by COVID-19, which drove a significant decline in travel demand resulting in reservation cancellations and reduced new orders, said the report.

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