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The company’s mission is not Gupta’s exact area of expertise.

The company will introduce more strategic investors, sell the stock equity of branches with high leverage and purchase assets with low leverage, in a bid to decrease asset-liability ratio, said Zhuo Yiqun, chairman of the company, on Thursday.

The company's footprint has expanded to Central Sulawesi where they run a giant tiger prawn farm and to North Sulawesi where they plant konjak, a perennial plant with an edible corm.

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The company’s growth has transformed the area north of downtown Seattle, and turned Amazon into an emblem of the technology boom — helping to fuel?the regional economy?while contributing to traffic problems and rising housing costs.

The company's donation of 5,000 masks used in quarantine wards arrived in Mumbai, India, on March 12.

The company stated the facility is the first of its kind, and a 100 percent self-designed R&D and manufacturing facility with over 1,800 independent intellectual property rights.

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The company, trading under the ticker symbol of "YJ," announced its IPO of 11 million American depositary shares (ADSs), at a price to the public of per ADS, for a total offering of approximately 1 million.

The company mainly counts on the overseas market, but overseas orders had fallen by 50 percent since mid-March, when the company resumed production, and then weakened further, Dai said.

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The company underlined its e-commerce business. Its products now cover major online retail websites in Italy, the United Kingdom and France.

The company plans to issue 1.97 billion shares on the Shanghai Stock Exchange, which will account for 10 percent of its total share after the issue. In addition, there will be no transfer of old shares at the IPO.