The company, based in Shunde district, a major center for furniture manufacturing and sales in South China, has built a major trading platform, the Louver International Furniture Expo Center, which is home to thousands of local furniture companies, that display their products there.
The company plans to use the net proceeds of its offering primarily for general corporate purposes, which may include investment in product development, sales and marketing activities, technology infrastructure, capital expenditure, improvement of corporate facilities, and other general administrative matters, said its prospectus.
The company owns Riot Games, the developer behind one of the most successful titles in e-sports, League of Legends. Tencent also has a majority stake in Epic Games, creators of the hugely popular Fortnite game.
The company, which aims to reach another 10 million patients in China by 2023, has invested more than 1,500 million yuan (5 million) in the past five years in research and development to support its new developments in China, said Costa Saroukos, CFO of Takeda, during a recent interview with China Daily in Shanghai.
The company needs to get approval from the German Federal Financial Supervisory Authority before it makes its D-shares listing.
The company will replace the defective ignition locks free of charge.
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The company, which has obtained frequency bands in the range from 2,515 to 2,675 megahertz and 4,800 to 4,900 MHz to build network, said it will work hard to quicken the maturity of end-to-end products and services.
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's former CEO Qian Zhiya and former COO Liu Jian allegedly participated in the fabricated transactions.
The company's Jaguar I-Pace is to be shipped to the Chinese market this year, and the carmaker has pinned great hope on its first fully-electric high-performance SUV in China.