The company claimed it has provided network security products and services to 90 percent of ministries and commissions, 72 percent of central enterprises, 100 percent of large banks, as well as millions of small and medium-sized enterprises.
The company claimed 200 million users in November last year, meaning deposits could amount to as much as 20 billion yuan (.9 billion).
The company has stepped up spending on research and development. Its R&D spending jumped 18.66 percent year-on-year in H1, with that on cloud network equipment and industrial internet surging 49.94 percent.
The comments came after the US Commerce Department placed the companies — including video surveillance powerhouse Hikvision and facial recognition technology leaders SenseTime Group and Megvii Technology — on a list banning them from buying components from US companies without special government approval.
The company had a net addition of 114 million 4G customers, bringing the total number of 4G customers to 650 million, while the 4G penetration rate of its mobile customers reached 73 percent.
The company has built an 800-square-meter underwater abyss along the Huangpu River to showcase its extensive collection of luxury watches, making it the biggest expo of its kind in recent times.
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The company currently has nine subsidiaries, including two A-share companies-Shenwu Environmental Technology Co Ltd and Shenwu Energy Conservation Co Ltd-with a total market value of 60 billion yuan.
The company announced today that it has made massive cuts to pricing for Microsoft Azure, with compute service prices falling by up to 35 percent, and storage prices dropping up to 65 percent. The changes make Microsoft’s offerings as cheap if not cheaper than Amazon Web Services, and are designed to provide an incentive to try something other than AWS.
The commissioner said there were two cookouts taking place on opposite sides of the street Sunday, and that shell casings were found in two different locations, indicating that there may have been a second gunman, or someone firing back at the first shooter, who fled on foot. It was unclear whether the cookouts were related, Harrison said.
The commission will push central SOEs to advance mixed-ownership reforms and improve modern corporate system during the second half, Peng said.