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The company will replace the faulty components free of charge.

The company pumps that kind of ethos in many of its marketing products, including decorations, short videos and WeChat stories.

The composite consumer sentiment index (CCSI) gained 2.3 points over the month to 100.9 in November, advancing above 100 in seven months, according to the Bank of Korea.

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The company owns about 1,700 taxis, accounting for about one-tenth of the legal operators in the city.

The company spokesman said the duration of any layoffs had not been discussed, but Carnero said they could last between two and five weeks, adding this could potentially affect about 7,000 people at the plant. Italian brake maker Brembo warned on Tuesday that its northern Italian production could struggle if the government introduced even more stringent measures to tackle the spread of the coronavirus.

The company launched a Level 4 self-driving logistics vehicle at a computing conference in September in Hangzhou.

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The company will issue 9 billion private shares to strategic investors to raise no more than 62 billion yuan (.29 billion), transfer 1.9 billion old shares priced at 13 billion yuan to the structural reform fund and grant no more than 848 million restricted stocks to core employees to raise 3 billion yuan.

The company started its fuel cell vehicle project in 2001 and has invested more than 3 billion yuan (9 million) on R&D. It has obtained 511 patents in the fuel cell sector.

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The company will continue promoting its localization strategy and expanding business in the country, he said.

The company signed an agreement with Ali Cloud, a cloud computing service provider subsidiary to China's e-commerce giant Alibaba Group, involving its global strategy at the anniversary.