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The company said it aims to enmesh more educational content with other brands such as Fisher-Price and Thomas & Friends, which are popular in China.

The company's name change from 58 Express to Kuaigou (Fast Dog in literal translation) Hailing in August was a highly controversial topic both online and offline. It even ignited anger and protests by its drivers in Zhengzhou, Central China's Henan province, since "dog" usually has a negative connotation in the Chinese language, so they considered the name as humiliating.

The company, which produces a wide range of condiments including soy sauce, oyster sauce, vinegar, chicken essence, monosodium glutamate and cooking wine, said its revenue rose by 14.12 percent on a yearly basis during the first half to 11.6 billion yuan. Net profit rose by 18.27 percent to 3.2 billion yuan during the same period.

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The company was fined 30,000 yuan and it deleted the pirated films and clips from its app.

The company said such laws and regulations are not new, nor are they unique to China. As companies get bigger and contribute more to the economy, more regulation will be implemented, not just in China but around the world, it added.

The company said in the Tuesday announcement that it will also provide training materials for non-company workers at the roughly 6,000 licensed Starbucks cafes that will remain open in locations such as grocery stores and airports.

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The company said it has a large number of young and middle-aged users, and its younger group of users is expanding. It said its number of Chinese users increased to tens of millions last year, creating a total of more than 1 billion notes.

The company's staff has worked hard to achieve technical prowess, particularly in research and development. It has further sharpened its competitive edge through R&D, officials at the Shanxi-headquartered company said.

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The company will further expand its presence in the Middle East and India to drive growth through emerging opportunities in new markets where there is a large and growing middle-class population.

The company started to run intelligent production lines in March 2018, which have improved the company's productivity by more than 30 percent and reduced costs by more than 25 percent, said a corporate source.