The compensation includes 1.9 million yuan for Wu's wrongful detention and 680,000 yuan for his mental anguish, according to a decision made by the Henan High People's Court and released by Wu's daughter Wu Lili.
The company, he said, would continue on the path set by Hackett, with priorities of reaching a 10 percent profit margin in North America; seeking immediate material and warranty cost improvements; fixing under-performing businesses; maximizing opportunities in commercial vehicles; and outperforming the industry in rolling out new models.
The company said it will upgrade the research and development facility in Bangalore with a focus on creating intelligent and safe vehicles for Indian consumers while continuing to increase investment in local R&D, production, supply and sales, making India a base for exports to neighboring countries.
The company set up in October 2018 its first overseas R&D innovation center in Beijing, with focus on areas such as software and hardware development, localization, China and Asia-Pacific data analysis, intelligent connected vehicles and charging technology.
The company will soon have "more exciting milestones" about its expansion into China next year, he said, without elaborating.
The company plans to issue 151 million shares at between HK (.15)and HK (.05) per share, news media Securities Times citing China Literature's files, said. The joint sponsors of the issuance are Morgan Stanley, Bank of America Merrill Lynch and Credit Suisse.
杭州排名优化
The company now controls approximately 2.89 million square feet of current and future office space, all in the downtown area, according to a quarterly report from real estate firm Broderick Group. That includes several buildings Amazon leased and land it bought with plans for future projects.
The company’s maternity leave offering is just so-so, especially when compared to other tech giants. Microsoft, for instance, gives?its new mothers four more weeks of?paid leave right now and is getting ready to up that in November.
The company said it will continue to collaborate with the Chinese government, environmental and community organizations to explore sustainable packaging solutions suitable for China.
The company is also using technologies to reduce labor costs. More than 95 percent of its customer service is now delivered by robots. It is estimated that with artificial intelligence, the company will save more than 40 million yuan (.8 million) a year by using robots for debt collection, in a scenario where it collected debts of 100,000 individuals and businesses per day on average.