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The company plans to list on the Nasdaq under the symbol "DADA," by offering 16.5 million American Depositary Shares (ADSs) at a price range of to apiece, according to its prospectus filed Monday with the US Securities and Exchange Commission.

The company, which built the country's first LNG terminal in 2006 and currently operates nine LNG terminals nationwide, saw its annual oil and gas production exceeding 100 million tons from home and abroad, which significantly ensures national security, said the company.

The company, which had over 100 stores in 13 cities by September, is planning to double its presence to 200 locations across the country by the end of this year. More than that, it is also making its foray into markets like Singapore and Hong Kong, as part of its long-term international expansion.

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The company plans to start building a second facility in Zhejiang next year.

The company said this morning that it has promoted 35,000 operations employees this year. (Last year, by comparison, the company said it promoted 19,000 operations workers to manager or supervisor roles.) In addition, the company said a total of 30,000 of employees have now taken part in its Career Choice retraining program, which launched in 2012.

The company obtained the country's first license for an unmanned vehicle open road test last week. The other company to do so is Nio Auto, a Shanghai-based developer of high-performance electric vehicles.

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The company's ongoing projects include an overall energy upgrade system launched by China Huadian Corp Co and China's high-speed rail's telecommunication control system. In addition, the company is banking on expansion of high-speed rail projects to Belt and Road economies such as Indonesia.

The company sold about 4 million Molly dolls in 2018 and expects to replicate the sales volume this year, Wang Ning, founder of Pop Mart, said in a speech at the China Central Academy of Fine Arts in April.

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The company has, however, shifted focus to Hong Kong, the people said, as the city's exchange operator is about to allow dual-class shares, which potentially allow founders to weight share voting rights in their favor.

The composite index tracks business volume, new orders, employment, inventory turnover and equipment utility rate in China's logistics sector. A reading above 50 percent indicates expansion, while a reading below reflects contraction.