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The collaboration will extend in future to also cover electrified vehicle components such as battery cells, e-motors and charging systems in order to maximize synergies across the group.

The commission said it will continue to deepen the financial supply-side structural reform, promote the solvency supervision and risk prevention and control, and make efforts to prevent and defuse financial risks.

The comments came after the two countries signed a cooperation framework last year－the Act Plan on Agricultural Cooperation between the Ministry of Agriculture of China and the Ministry of Agriculture of Lithuania 2018-2020. The agreement was designed to further promote bilateral trade and cooperation in the agricultural sector.

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The classic dry-aged steak is also served with eggs, and can be cooked in different ways including scrambled, fried or poached.

The company added that Michigan, traditionally a manufacturing and agricultural state, may also be able the seize the opportunity to revitalise its economy.

The company has not yet decided whether to go forward with the concept, though those who signed up to be Wal-Mart delivery drivers could get a discount on shopping as payment.

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The committee also said they would give serious punishment to the staff and companies involved if all the findings are confirmed.

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.

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The company decided in 2015 to halt new investments in offshore wind power, which it deemed too capital intensive. Chief Executive Officer Irene Egset said in July that a process to divest wind assets had begun.

The company has applied nearly 80 patents for the variable configuration EMU, which has won the China Excellent Industrial Design (CEID) gold award and the Design Intelligence Award in 2018.