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The company has a sustainable building products division that uses prefab components to reduce the volume of materials needed in construction, which are more energy-efficient than standard equivalents.

The company didn't disclose the detailed investment scale of the projects.

The company also settled two longstanding patent disputes in its recent quarter, including one settlement that involved an undisclosed financial payment to the company that had originally sued Amazon back in September 2010. Amazon said the payout to?Olympic Developments AG was not material to its financial results.

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The company has over 50 million registered users and netted 7.9 million from sales in 2017. Another 6 million was raised from its initial public offering in December 2017. In China, its sales performance topped the gaming equipment category on JD many times.

The company has 35 brick-and-mortar stores in China.

The company has not lowered its target this year despite the epidemic. The annual growth target remains at 50 percent in order to aim for 10-billion-yuan sales revenue in 2025, Pan said.

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The company also hopes that another new service called AWS Control Tower will help address the scourge of customers who leave their S3 storage buckets unprotected on the internet, either inadvertently or for convenience. Control Tower allows administrators to set access levels for organizations in which lots of people have accounts granting them access to their company’s AWS infrastructure.

The comments came after BT, a major British telecom carrier, announced that it has become the first international telecom player to gain nationwide operating licenses in China.

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The company exports its products to over 20 countries in the Middle East and North Africa, including Saudi Arabia, Iraq, Kuwait, the United Arab Emirates and Egypt. In 2017, its sales hit nearly 160 million yuan ( million). "I'm proud that products made in China are going global, and we are making products for the whole world," Tian said.

The closing session of 19th National Congress of the Communist Party of China started on Tuesday morning.