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The company highlighted China's role in its business expansion for now and in the future.

The company reported its slowest quarterly revenue growth in the third quarter of last year, with net revenue reaching 104.8 billion yuan (.5 billion), a 25.1 percent year-on-year increase. Analysts polled by financial data and analytics firm FactSet had estimated that JD would report revenue of 106.09 billion yuan in the third quarter.

The company said in its prospectus that at least 70 percent of the net proceeds will be used for its main insurance businesses, exploring overseas opportunities such as equity investments as well as mergers and acquisitions in developed and emerging markets. The rest will be used to build a venture capital platform, investing in projects related to healthcare, elderly care and other technologies.

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The company plans to sell about 31,000 tons of product in 2019.

The company is one of the world's top providers of security scanning equipment, which has clients in about 50 countries.

The company is set to roll out customer premises equipment in the first quarter of next year, he added.

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The company's 19 production bases have resumed operation in early February, including its facility in Wuhan. By the end of last year, its China business accounted for one third of Corning's global sales revenue, making the country the largest overseas market for the firm outside the United States.

The company's performance in the first half of this year has been encouraging. According to Metersbonwe's financial report, revenue during this period increased 35.96 percent year-on-year to hit 3.94 billion yuan. The company also increased its retail space by 120,000 square meters.

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The company's gross profit margin increased by 0.7 percentage points to 56.8 percent, reaching a historical high. Adopting an "All-Staff Retail" system is how Anta group countered the impact from COVID-19 on its offline stores, with fast growth in online business, said the report.

The company said earlier that the new plant will produce robots that can be used in a wide range of sectors including food and beverage, chemical, communication and consumer electronics product manufacturing, logistics, automobile and service industries. It will also supply robots to global markets.