The commission rolled out pilot bonds for innovative technology companies in 2016. More than 40 pilot bonds have been issued, raising 6.5 billion yuan by September.
The company announced its offering of approximately 7.4 million ADSs at per share, assuming the underwriters do not exercise their option to purchase additional ADSs. Traded under the symbol of "IMAB," the stock opened on an upbeat note while finishing the session lower.
The company competes with more than 70 foreign manufacturers of baby formula in the Chinese infant formula market, which supply more than 1000 imported brands to the public. Feihe Dairy also competes with 108 domestic producers of the product, developing more than 2000 brands.
The commission also asked central SOEs from goods reserves, agricultural products trade and retail sectors to deploy resources to ensure logistics scheduling and goods supply in Central China's Hubei province.
The company also announced that it will invest 18 million euros (.3 million) to build its newest and most comprehensive electronics technology center in Shanghai to accelerate its electronic materials strategy.
The clean-energy and electric vehicles will go into production this year. By 2020, the automaker will introduce 10 clean-energy car models.
南宁网站排名优化
The closing ceremony of the 2018 annual conference of the summit for entrepreneurs across the Taiwan Strait is held in Xiamen, Southeast China's Fujian province, Dec 5, 2018. A total of 36 cooperative projects involving over 10.3 billion yuanwere signed at the summit. [Photo/IC]
The company has faced an 80 percent decrease in sales in comparison to the same period in 2019. Local government has waived and cut some of its tax fees between January and August.
The company has been listed on the Hong Kong Stock Exchange since June 6, 2014.
The company expects the route will not only promote tourism to the Tibet autonomous region, attracting travelers from China's eastern region, but also support the region's anti-poverty efforts. Tibet gets direct support from 17 cities and provinces under a pairing-up policy, and it already has direct flights linking to 11 of them.