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The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry.

The company launched online parenting classes via livestreaming after the Lunar New Year. It has joined hands with online medical platforms like Chunyu Doctor and WeDoctor to provide digital medical consultation services.

The company, ranked 89th this year with an estimated value of .3 billion, is one of the largest home appliance companies worldwide and has acquired US-based GE Appliances, Fisher & Paykel from New Zealand, AQUA from Japan and Italy-based Candy.

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The company will check the recalled vehicles and replace the parts free of charge.

The company will also cooperate with both its parent company and governmental departments in any related investigations.

The company receives foreign clients from time to time. "If they are interested in the history of the boat, we tell them the story and even bring them to the lake to see the real boat," said the chairman.

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The company reached a deal in October with Brilliance China Automotive to raise its equity to 75 percent in 2022 - the year China removes equity caps in the passenger cars sector.

The company said it would take steps to integrate online and offline real estate businesses by creating a one-stop service platform that would integrate its capacities in marketing, services and the supply chain.

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The company operates on the "fast fashion" model, releasing new designs twice a week. Founder Leo Li established the brand in 2006.

The company's app users number 146,875 to date and the number of WeChat buyers has hit 135,418 in China.