The company said in 2019 it will continue to expand overseas to promote the Chinese tea culture in a ready-to-drink mode.
The completion of the deal saw the Chinese steelmaker acquire the company's United Kingdom and Netherlands assets, saving about 3,200 jobs after the company collapsed and was funded and run temporarily by the Official Receiver, part of the UK Insolvency Service, since it plunged into insolvency last May.
The company is also setting foot in the vocational education sector, in the hope of nurturing more talents for the movie and gaming industries.
The competition between North American cities looking to woo Amazon and land the e-commerce giant’s second headquarters could turn into a race for the eventual winner — a race to fill engineering jobs. Another Seattle-based tech company thinks it’s figured out which potential location could do that the fastest.
The company said it has already established an AI curriculum system covering primary, junior and high schools, as well as colleges. It held a string of robotics competitions to cultivate competence and team-building capabilities among students.
The company's first-half operating revenue increased by 32.56 percent year-on-year and total profit was 42.7 million yuan (.25 million).
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The company's sound performance came amid the country's booming tourism sector, whose revenue rose by 10.5 percent year-on-year to 5.97 trillion yuan in 2018.
The company reported strong growth in the second quarter of this year, as sales reached 4 million, up 12 percent year-on-year. The gaming and video collaboration categories showed particular strength and momentum, it said.
The company recruited 28 students in the first batch, including 16 women from vocational schools and universities. All are from poor families. The candidates were trained in Suzhou, Jiangsu, about 4,000 kilometers from Lhasa.
The company is also the category leader in both the food service and ingredient markets in China.