The company that has six producing plants in China -- Shenzhen, Dongguan, Wuxi, Xuzhou and Tianjin -- and sells some 1.8 million units of two and three wheelers electric vehicles in 60 countries.
The company said it plans to bolster the brands' sustainable and scalable growth via its New Retail strategy, which effectively combines online and offline resources through the use of technologies such as big data and artificial intelligence to track, predict and manage customer demand.
The company said it has hired an additional 235,000 employees to clean stores, stock shelves and fulfill online orders during the pandemic. The company said it had paid cash bonuses totaling about 5 million to all hourly workers in the US.
The company will replace the faulty engine parts for free. The recall will start on July 31.
The company will sell nearly 2 billion shares in this IPO, 80 percent of which will go to Japanese retail investors with a 5 percent dividend, the highest in Japan.
The company will operate the railway and train staff for two years. It will undertake maintenance for 10 years and oversee integrated development of commercial land along the line.
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The company said the product structure of white spirits has changed with top-end liquors becoming popular. In the first quarter, liquors priced more than 300 yuan net-ted 707 million yuan, up 68 percent year-on-year, accounting for nearly half of the company's total revenue.
The company is also conducting extensive research on the efficacy of fresh milk for treating conditions like eczema in children. In addition, it has also teamed up with leading academicians to study the effectiveness of herbal medicines in skin diseases.
The company is one of the country's largest hydro and thermal power project providers in terms of both revenue and overseas market share.
The competition is another example of Amazon crowdsourcing artificial intelligence on Alexa. She currently has more than 3,000 skills. Last year Amazon opened up Alexa to developers, and the company said tens of thousands of them are working on skills and projects for Alexa. Developers who want to add to Alexa’s abilities can write code that works with Alexa in the cloud, letting the smart assistant do the heavy lifting of understanding and deciphering spoken commands.