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The company's AI institute has seven laboratories in Beijing, Nanjing in East China's Jiangsu province and Guangzhou, focusing on research in AI infusion on smart medical and health services, robotics, big data, computing and finance, information perception and automation.

The company raked in 498 million yuan (about .3 million) in net profit attributable to shareholders, according to the company's annual earnings report filed with the Shanghai Stock Exchange.

The company says the show is best viewed on desktops, laptops?and tablets, but mobile options will be added soon.

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The company sold about .14 million worth of products in a single hour, according to Alibaba. Other popular US brands last year were Apple, New Balance, Skechers and Nike.

The company is asking the city to vacate an alley that divides the property, allowing for the construction of one 24-story tower, one seven-story tower and a single story building on the property bounded by?Seventh and Eighth avenues, and Bell and Blanchard streets, with more than 835,000 square feet. Under an alternative plan, if the city doesn’t allow the alley to be vacated, the company would develop the property with about 777,000 square feet of space.

The company is expanding cooperation with Guangzhou Metro to introduce its AI technologies in the construction of the automatic ticket-sales machines, platform screen doors and related metro facilities.

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The company is making every effort to increase production capacity of ventilators to meet the demand from Italy, France, UK and the United States, Jiang said.

The company is also temporarily covering rent for companies that lease space in its buildings and providing grants to small businesses in its Seattle neighborhood.

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The company's spend on R&D rose by more than 60 percent year-on-year to 205 million yuan (.7 million) last year, according to its 2018 fiscal report released in late April.

The company received a tax reduction of 600 yuan () as its pollution discharge was lower than China's national standard for the sector. It paid 8,800 yuan in tax for the first quarter.