The company's digital two-way portable radios and services have a broad application in a wide range of fields such as oil and petrochemicals, transportation, forest protection, hospitality and public safety.
The company's net profit jumped to 9.3 billion yuan (.3 billion) from 7.1 billion yuan in the same period last year, according to its interim results report filed to the Shenzhen Stock Exchange on Friday.
The company said it is building state-of-the-art vehicle systems to keep abreast of the times, including developing specific physical architectures, data-oriented smart electric architectures and future-oriented powertrain technologies, as well as active and passive vehicle safety systems.
The company's share price surged 260 percent in 2017, rising from HK.7(27 cents) per share to HK.12. Among the 161 stocks newly listed on the Hong Kong bourse, Wisdom was rated among the top five in terms of share price performance last year.
The company was fined 9.49 million yuan for failing to meet safety production regulations and obstructing the investigation. After the incident, the company failed to report the situation according to guidelines, concealed the truth and misled the inquiry, the report said.
The company reported revenue of .6 billion in 2018, up 14 percent from a year earlier. Levi's has been expanding overseas, and said it makes close to half its sales in Europe and Asia. It believes it has a huge growth opportunity in China, which accounts for 20 percent of the global apparel market but only 3 percent of Levi's revenue.
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The company’s corporate office is located in Houston, while the land for its production facility, which was purchased in 2015, is located in St. James Parish, Louisiana.
The company set up in October 2018 its first overseas R&D innovation center in Beijing, with focus on areas such as software and hardware development, localization, China and Asia-Pacific data analysis, intelligent connected vehicles and charging technology.
The company is expected to be valued at 0 billion after going public, Reuters said.
The company wasn’t cited?following a complaint about?its Blackfoot building in November of 2014, but Amazon did tell officials?back then that it had 150 male employees on a single floor where there were?four toilets. L&I requires at least six “fixtures”— toilets and urinals — for a workplace with that many men, though the rule applies to entire buildings and not particular?floors. But Amazon still said it was going to build an extra men’s bathroom?on every other floor in the building to remedy the situation.