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The company is also talking with related authorities to introduce AI virtual anchors to county-level media in China where it is sometimes hard to find a top-level broadcaster, according to Wang.

The company’s post-IPO market capitalization is about billion.

The company launched its shared bikes, an innovative solution to address consumers' short-distance travel demand, in April last year, and now has had daily riders of 20 million people.

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The company is in the final stages of talks with the Zhuhai municipal government to build a chip plant there with a total investment of about billion, according to a report from Nikkei Business Daily.

The company is now supplying an average of more than 5 million cubic meters of water to Hong Kong, Shenzhen and Dongguan in the eastern part of the Pearl River Delta every day.

The company made decisions for the respect of Czech culture and traditions. "Brewing and football are associated with Czech culture and lifestyle. So we invested and saved the entities," Wang said.

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The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.

The company raised 0 million in its latest fundraising round last week. Led by SoftBank's Vision Fund 2, the fresh funding round attracted top investors like Sinovation Ventures and Enlight Growth Partners.

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The company launched its Honor 10 in the United Kingdom in May. The flagship new model, known for an AI-powered dual-lens camera and 3D glass body, comes with a starting price of 399.99 pounds (5), cheaper than the premier phones sold by Apple, Samsung and Huawei in the country.

The company will pay an interim dividend of 0.8 yuan per share in cash, up 6.7 percent from a year earlier.