The company, trading under the ticker symbol of NIO, announced the pricing of its IPO of 160,000,000 American depository shares (ADSs), at .26 per ADS for a total offering size of approximately billion, assuming the underwriters do not exercise their option to purchase additional ADSs.
The company said sales on BN.com rose 32 percent, to 0 million, as a result of growth of in Nook device and digital content sales, overcoming a decline in online sales of traditional books and other physical products.
The company's announcement came on the same day its subsidiary, China Mobile Logistics, unveiled a major plan to cooperate with leading logistics companies, including SF Express and DHL, to strengthen its business.
The company is already applying the technology in education by helping students enhance their concentration.
The company said they have operated in a cost-saving mode immediately after the outbreak of COVID-19 and significantly reduced marketing, operating and administrative costs.
The company wasted no time. Staff at TMiRob have been working overtime during the Chinese Lunar New Year holiday. To help combat the virus, TMiRob has so far delivered 42 disinfection robots to Hubei province, where the most infections have been reported. That number of delivered machines is equal to one-sixth of the company's monthly output, said Pan.
徐州肠镜做无痛的还是普通的好
The company wants to create 20 smokeless cities during the 13th Five-Year Plan period (2016-20), covering 100 million sq m.
The company rolled out more than 500 livestreaming sessions for poverty alleviation in 2019, promoting the sales of over 100 local agricultural products in about 40 poor counties nationwide and helping more than 180,000 people in rural areas increase their income.
The company plans to list on the New York Stock Exchange under the symbol "DOYU," with an expectation to raise up to 0 million in the IPO, according to its prospectus filed with the US Securities and Exchange Commission.
The concept drew inspiration from the literary cafes of late-19th century Europe, and Paris in particular, where artists, painters and writers used to chat together and exchange thoughts about life and the future.