The company has started manufacturing its devices in Indonesia and India, as the initial success in South Asian countries is expected to spur big demand for its smartphones.
The companies concerned have denied such reports. For its part, the CSRC said on July 18 that qualified securities firms are encouraged to carry out mergers and acquisitions based on market rules.
The company has minimized the negative impact from the COVID-19 epidemic and the plunge of the global oil price in the first quarter, and will enact stricter cost management and pay more attention to cash flow management this year, said Xu Keqiang, CEO of the company.
The closer ties between the countries are visible in many sectors.
The commissioner's office expressed strong disapproval of and firm opposition to the concerned US politicians' disregard of facts and basic norms governing international relations and their serious interference in China's domestic affairs, a spokesperson of the commissioner's office said.
The commission urged local authorities to step up pandemic monitoring and the reporting of related information. Hospital fever clinics should make sure monitoring, reporting and transferring of COVID-19 cases is done properly, the commission said.
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The company also has two other directors and six supervisors, the website showed.
The company expected a further sales revenue increase in the third quarter (Q3), with the quarter-on-quarter growth rate expected at 1 to 3 percent. The gross margin in Q3 is expected to range from 19 to 21 percent quarter-on-quarter.
The company has set up 10 transnational transmission lines with neighboring countries and is currently pushing forward new transmission projects including the China-Mongolia transmission project. Most of the projects adopt Chinese standards, said Shu.
The commission instructed water resources departments in Sichuan, Yunnan, Hubei and other province-level regions to work on monitoring, forecasting and warning of floods, while strengthening the inspection of reservoirs and embankments.