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The company's forecast for RMB against the dollar will also move in the range of 6.7 to 6.9 in the second half of the year.

The company, which has raised more than 600 million yuan (.24 million) from HNA Group, inked a deal with the latter's hotel unit in April to cooperate on products and sales channels, in a move to meet consumers' increasingly complex demands for personalized services.

The company, which has about 300 employees, can produce six metric tons of plant-based meat products daily and gained an output value of 40 million yuan so far this year.

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The company's total assets reached approximately 3.04 trillion yuan in the same period, an increase of 5 percent from the end of 2017, the company's statement said. Its embedded value has increased 4.8 percent from the end of 2017, reaching approximately 769.23 billion yuan.

The company's optimization of manufacturing operation and expenditure reduction during the first six months also helped, it said.

The complaint, filed in the U.S. Southern District Court of New York, claims the retailers are selling products that illegally sport the group’s brand or logo. Run-DMC is seeking million in damages plus attorney fees.

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The company increased research and development by 10 percent to ensure their leading role in technology. The company also improved operation efficiency by saving cost and cutting staff members.

The completion of the project marked the availability of safe tap water for all households in Xinjiang.

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The company took in a total of nearly 403.9 billion yuan in transport revenue during the January-June period, a year-on-year decrease of 124.2 billion yuan due to the COVID-19 epidemic, it said, adding that its net loss were 95.5 billion yuan.

The company is the first in China to develop the convalescent plasma treatment for patients suffering the disease, using blood plasma taken from convalescents, and China's National Health Commission has issued guidelines on use of the convalescent plasma treatment.