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The company sold 132,000 vehicles in overseas markets in the first half, accounting for 34 percent of overseas sales of Chinese automakers, and keeping its leading position in China's auto exports.

The company ranked 24th in the world for steel production in 2016. Of the total 39 steel companies in the world that had output over 10 million tons, 20 of them are on the Chinese mainland. Nucor Corp, the other US steel producer on the list, ranked 12th.

The company will also support Sanya in cultivating international talent in finance and taxation, according to Deloitte China.

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The company said in a statement: "As the world grapples with COVID-19, Huawei's global supply chain is being put under intense pressure and its production and operations face significant challenges. The company continues to do its best to find solutions, survive and forge forward, and fulfill its obligations to customers and suppliers."

The company was fined 100 million yuan, and all illicit money gained by it and the defendants was confiscated and ordered to be turned over to the national treasury, it added.

The competition is fierce. Foreign rivals such as Siemens AG of Germany, France's Alstom Group and Bombardier Inc of Canada, have all built their global service and sales networks to boost their sales revenue in major overseas markets in Asia, the Middle East and Europe.

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The company said it will continue to guide teenagers to play online games in a healthy manner. It launched a service in February to help parents supervise their children by notifying them when their children log in or make purchases.

The company is expanding a global automotive R&D network supported by its technology center, top global suppliers and research institutions.

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The company is leveraging its technology strengths to process coal gangue, the left solid waste in the process of coal mining. After processing, coal gangue can be turned into ultra-fine kaolinite, which can be used to make plastics, rubber, painting materials, pesticides, and many other products.

The company was ordered to suspend production, and the Office of the Work Safety Committee of the State Council has scheduled a meeting with leaders of Xiliin Gol League. The government of the Inner Mongolia autonomous region will further investigate the accident, and people responsible will be punished appropriately, the notice from the committee said.