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The company's executives said it will deepen cooperation with domestic colleges and universities, and strengthen its support for education and training. This support, with focus on basic disciplines such as biology and chemistry, will promote the development of foundational scientific research in China.

The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry.

The company was responsible for making China's first steam locomotive, the wheels of which were ironically made by a company in Philadelphia.

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The company said it is also mulling to replicate such online platforms in long-term disease management for patients suffering from other chronic diseases.

The company sees fake reviews as a real threat, with the power to “undermine the trust” Amazon has built with customers, “thereby?tarnishing Amazon’s brand,” according to one of the lawsuits.

The company inked a cooperation deal with Medlinker, an online healthcare startup, which works with more than 500,000 doctors and Shenzhen-based BGI, China's top gene-sequencing provider, as well as Senyint and Yuwell in remote diagnosis and intelligent hardware related to healthcare.

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The company plans to list the IPO on the New York Stock Exchange or Nasdaq Global Market under the symbol OCFT.

The company’s underwriters include a who’s who list: Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley and Citi.

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The company's gross margin in Q1 increased by 1.5 percentage points to 51.1 percent compared to 49.6 percent in 2017. Adidas was hereby able to offset significant currency headwinds resulting from the depreciation of the dollar with positive effects from a better pricing and product mix.

The company, mainly a maker of dental instruments, produced face shields in small quantities before the outbreak in late December－primarily for use by dentists. Last year, the sales volume of shields accounted for less than 4 percent of its total of over 36 million yuan, He added.