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The company intends to grant the initial purchasers in the notes offering a 30-day option to purchase up to an additional .5 million aggregate principal amount of the notes, according to its statement.

The company said its users are primarily children aged between 3 and 8, with parents who seek quality childhood educational resources for their children. And those parents are generally the more tech-savvy younger generation born in the 1980s and 1990s.

The company is one of the foreign suppliers working with Comac on the C919, China's first home-built wide-bodied passenger aircraft.

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The company will accelerate ORIN1001 development in the near future and reach the global market expeditiously, according to Fosun Orinove's CEO Zeng Qingping.

The company's net profits totaled 18.71 billion yuan (about .81 billion), up 1.7 percent year-on-year, the company said in a statement.

The comprehensive poverty head-count ratio in the two counties has declined to below 3 percent.

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The company, a wholly owned subsidiary of State Grid Corp of China, is responsible for planning, construction, operations management, electricity sales and power supply services in Beijing. The white paper proposes policies, procedures and reform initiatives related to gaining access to electricity supply in China's capital, aiming to optimize the city's business environment.

The company's Toys 'R' Us and Babies 'R' Us stores and e-commerce sites around the world are open for business, it said.

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The company said that more than 400,000 internet cars being driven in China are powered by AliOS, its indigenous operating system, while some 50 brands are working with the tech juggernaut in areas from intelligent speech recognition and driverless technology to high-precision mapping and in-vehicle payment systems.

The company's success with raising funds at lower costs came as China has adopted a mix of measures to prop up credit support for the real sector of the economy, especially for small and medium-sized firms.