The company's total gas storage at its Wen-23 underground storage facility-built from a depleted gas field in Henan province-reached 6.16 billion cubic meters, with an effective working capacity of 1 billion cubic meters. The facility will largely meet gas demand from Beijing and Tianjin as well as the provinces of Hebei, Shandong, Henan and Shanxi, it said.
The company's newly appointed executive chairman, Andrew Khoo Boo Yeow, confirmed to the Press Association that the company will close a quarter of its 160 UK stores, having already shut eight this year.
The company supplied a record 7.4 billion cubic meters of natural gas last winter from the underground storage facilities, a 21 percent jump from the previous year to ease the pressure of peak gas demand in winter.
The company will offer 18,000 mooncakes for sale in Shenzhen, Guangdong province, around the festival time.
The company will also cooperate with Shenzhen Deep Dive Education Co Ltd, which will organize training classes for entrepreneurs working at UR Work to improve their social, language and physical skills on the way to going global.
The company pumps that kind of ethos in many of its marketing products, including decorations, short videos and WeChat stories.
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The company is investing actively in China to strengthen its presence in the country. Last year, it opened a facility in Dongguan, in southern Guangdong province, to produce aerospace coatings for the North and South Asian aviation market.
The company’s shares are down 10 percent in after-hours trading to 2.50 as of 1:30 p.m. Pacific time.?Here’s the company’s full earnings release:
The company managed to reduce reserves in over 7,000 storehouses by 100 million metric tons of corn, 17 million metric tons of unhusked rice, 10.66 million metric tons of wheat, over 2 million metric tons of soybeans, 420,000 metric tons of rapeseed oil and 2.5 million metric tons of cotton, Deng said.
The competition provides participants with 200,000 realistic images of living spaces from 40 simulated indoor video sequences, including kitchens, bedrooms, bathrooms and even outdoor living areas, complete with clutter, and rich with uncertain objects.