The comprehensive regulation will include all innovation-driven businesses.
The company said it took only the last two years for its new cartoon series Super Wings to become a global hit across more than 70 countries and regions, especially in Indonesia, Turkey, France and the Middle East.
The company said its sales revenue surpassed 100 million yuan (.4 million) in just 3 minutes 42 seconds when it started its Black Friday shopping carnival on Nov 16, a week earlier than the official start of the shopping season. Cosmetics, bags, clothes and accessories, shoes and food are the most popular items.
The competition was organized by Peking University's Center for Wushu Research.
The company plans to issue up to 1.97 billion A-shares, which will account for 10 percent of its total shares after the issue, at a price yet to be determined, the preliminary prospectus showed. There will be no transfer of old shares at the IPO.
The company logo of Li & Fung is displayed on a glass door at Li Fung Tower where the company is based in an industrial district in Hong Kong Aug 3, 2012. [Photo/Agencies]
广州网站排名优化
The company's devices equipped with chronic management system proved to be of immense help to the medical professionals in Wuhan, especially while treating COVID-19 patients with diseases such as diabetes. The process was laborious as it included frequent monitoring of blood sugar levels in a day and manual storage of data.
The company recently established the country's first 5G base station in Guangzhou, Guangdong province, and carried out 5G outfield test by cooperating with telecom equipment maker.
The company said 94 percent of the new stores were launched outside of its home market of the United States.
The company, however, gradually shifted to an intensive one and stuck to building an ecological plant with the state-of-art technology.