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The company's efforts are in line with General Secretary of the Communist Party of China Central Committee Xi Jinping's call to turn China into a country of innovators and to reach the frontiers of science and technology.

The company is expanding its product portfolio, including televisions, smartphones and other high-tech hardware devices, as well as putting more efforts into artificial intelligence.

The company will also look for suitable places to establish a manufacturing base in North America.

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The company launched its first Smart City Digital Hub in Hong Kong in 2017. As a collaborative initiative and an open lab, the hub allows researchers to develop solutions in the fields of data analytics and smart infrastructure that benefit Hong Kong and other GBA cities.

The company's new chip has been mass-produced, and its second-generation counterpart will be released in the second half of 2019, the company claimed.

The company said the smart security check system is already being applied in some airports. In the future, the system will be widely applied.

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The company's IPO application was approved by the country's top securities watchdog on Nov 14, 2019.

The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, US, April 8, 2019. [Photo/Agencies]

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The company said most of its sedans, including Focus, Escort, Mondeo and Taurus, saw their sales grow 10 percent year-on-year, and SUVs continued their popularity, with the sales of Edge up 19 percent.

The company released a statement Thursday afternoon that the company gained the image copyright from the Event Horizon Telescope teams for use in media, not for commercial use such as advertisements.