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The competition in the domestic home appliance market is fierce, and the price decline of major TV products has resulted in a decreasing profit margin and increasing pressure on enterprises, said Zhu Yuanyuan, head of the electronic products division at AVC.

The company plans to build 31 2-megawatt wind turbines at a wind farm in Anxi and has finished installing 21.

The company plans to ask the US Food and Drug Administration for emergency authorization this month once it collects more safety data for another week or two. It will manufacture enough doses for 15 million to 20 million people.

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The company recently also started a sales campaign to stimulate sales, providing a discount of 22 percent in more than 500 of its property projects nationwide. Although September and October is a traditionally busy time for property developers, the basic discount it gave last year was 11 percent.

The complex will have two hydroelectric power plants - Sehuencas, which will produce 188.62mW, and Pelton, which will generate 64mW.

The company now has three flagship stores in China, with one outlet recently opened in Wangfujing Street in Beijing, in addition to 60 Lego-certified stores in 18 cities in the country.

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The company launched its latest agricultural drone, the T16, on Tuesday, which features an upgraded loading capacity, as well as dynamic systems to increase working efficiency and accuracy. Drone operators who use such drones can spray pesticides on about 10 hectares of farmland an hour.

The company's Akhal-Teke horse base started importing the breed from Turkmenistan, Kazakhstan and Russia from 2009. The base now is home to 120 of the horses.

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The company operates an organic waste treatment center in Pudong New Area that turns kitchen waste into electricity. Its current capacity is 300 tons of kitchen waste per day, and the plant expansion will allow it to process another 700 tons.

The company's share prices soared 9.28 percent, or 5.9 yuan, to finish at 69.49 yuan per share by the end of Monday trading.