The company has so far hired more than 50 employees in the US. The first wave of 12 new hires has recently completed training at the company's headquarters in Tongxiang, Zhejiang province.
The commission will improve fundamental rules regarding stock issuance, mergers and acquisitions, restructuring and refinancing on the ChiNext, enhancing the board's inclusiveness to innovative enterprises and startups, Li said at a sub-forum of the ongoing sixth World Internet Conference in Wuzhen, Zhejiang province, on Sunday.
The co-founder of ride sharing and payments firm Gojek as well as a former chairman of Inter Milan soccer club were also named to the cabinet, confirming earlier reports.
The company has raised a total of 1.8 billion yuan over the past year. The latest round of funding will support the development of the ZQ 2 liquid-propellant carrier rocket, as well as the research and production of medium and large liquid oxygen-methane carrier rockets.
The company also created a support program, which kicked off last year, to support exceptional new directors. This year, they plan to start a similar competition and training program to award talented emerging script writers, with prizes set at as high as 6.3 million yuan ( million).
The committee was deeply saddened by the news and would extend its condolences to Gao's family, it said in a microblog statement posted on Thursday.
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The companies made their statements late on Monday-the first trading day after the Spring Festival holiday, following a surge in their share prices the same day. Beijing Jingxi's share price skyrocketed by the 10 percent daily limit to close at 14.51 yuan. China Film's share price increased by 2.74 percent to close at 16.15 yuan.
The company announced that 80 percent of the world's most valuable 100 brands on Forbes' rich list are on Tmall.
The company has been strategically positioning itself in China and actively looking for partners in the country's downstream sector, as it shifts from an exporter of oil to an integrated player in oil, gas and petrochemicals.
The company has taken part in the first and second editions of the expo, where it has gained "extremely positive experiences that gave us a better understanding of the Chinese market, as well as a (chance to) approach several clients," the director recalled, expecting that the fair could bring new business opportunities to her company.