The company pledged more measures to meet surging international logistics demand during the Christmas and New Year's season.
The company, Allianz (China) Insurance Holding Company Limited, will be China's first-ever wholly-owned insurance holding company by a foreign insurer, said the statement.
The company now has a pipeline of 14 projects in residential, mixed-use and hotel in metro Atlanta, Georgia that is valued at about 0 million.
The company will continue to import models into China because "it does not make any sense" to produce them locally considering its absolute volume and local customers' passion for the brand's German DNA, said Oliver Blume, chairman of Porsche's executive board, on Tuesday.
The company said it is applying for relevant certificates needed to make masks and by the end of February, its daily production volume of masks is expected to hit 2 million pieces.
The compensation was enough to add 12 more to my flock.
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The company's net profit attributable to equity holders rose 3.3 percent year on year to 108.6 billion yuan (.4 billion) in the first six months (H1), as calculated under the international financial reporting standards, according to a statement filed on the Hong Kong Stock Exchange.
The company’s net sales of .9 billion eclipsed Wall Street’s expectations by .4 billion, and its earnings of .30/share were seven times the analyst consensus of .46/share.
The company's efforts are in line with General Secretary of the Communist Party of China Central Committee Xi Jinping's call to turn China into a country of innovators and to reach the frontiers of science and technology.
The company will continue to invest significantly in the next few years in the country in sectors including precision medicine, food safety, environmental testing and cooperation with academic institutions, he said.