The company intends to list on the New York Stock Exchange under the ticker symbol "CMDS," with an expectation to raise up to 0 million, according to its prospectus filed with the US Securities and Exchange Commission late Friday.
The company's growth in China has been rapid in the past three years. It announced the opening of a new Asia-Pacific headquarters at the Shanghai Free Trade Zone in 2018, and launched a Steinway gallery in Beijing's Shunyi district, aiming to gain higher market shares in North China.
The company is poised to have product and service offerings integrating new energy, AI, internet and sharing, continuously transforming mobility as we know it.
The company said it has independently developed control panels, although speed reducers, servo motor are imported. In 2014, Siasun established a subsidiary engaged in producing core components for robot manufacturers, expanding to the upstream of the industrial chain.
The computing market will be worth more than trillion by 2023, according to a forecast by market research company Gartner.
The company intends to use the net proceeds of this offering primarily for expansion of its businesses, development and introduction of new mining machines, corporate branding and marketing activities and general corporate purposes.
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The compensation application includes 8.01 million yuan for the wrongful ruling, 9.66 million yuan for mental anguish and 1 million yuan for medical treatment and other fees, according to his lawyer Qu Zhenhong.
The company’s maternity leave offering is just so-so, especially when compared to other tech giants. Microsoft, for instance, gives?its new mothers four more weeks of?paid leave right now and is getting ready to up that in November.
The company said in an online statement Monday that it has established a team to investgate the matter.
The company launched a series of initiatives at its annual news conference in Shanghai during the China Refrigeration Exhibition 2019, held from April 9-11.