The complaint, which is seeking class action on behalf of Prime members between 2007 and 2011, was filed last week in U.S. District Court in Seattle on behalf of an individual Amazon Prime member.
The compensation includes 2 million yuan for Li's wrongful detention and conviction, as well as 900,000 yuan for mental anguish, according to a legal document from the Jiangxi Provincial High People's Court provided by Liu Chang, Li's lawyer.
The company's American Depositary Shares ("ADSs") were priced at .00 per ADS. The shares opened trading at .06, about 75 percent higher than the offering price. The closing share price on the first day of trading was .44, reflecting a market capitalization for the company of over .2 billion.
The compound is extracted from the roots of thunder god vine, a toxic herb used in traditional Chinese medicine for centuries to cure arthritis and autoimmune diseases. In TCM, however, it is used in tiny amounts, mainly to treat severe diseases, because of its potentially dangerous side effects.
The company's core technology is to produce diversified bicycle handlebars in accordance with ergonomics to avoid sports injuries, said Xu Weiyao, deputy general manager of the business department of HL Corp (Shenzhen), a company producing bicycle parts.
The company is determined to introduce more cultural works from abroad while introducing more Chinese performances to foreign audiences, Xu said.
青岛治痔疮市南区有哪些医院
The company will be listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.
The company is best known for employing artificial intelligence to filter and tailor information to people's preferences to get users "hooked". For instance, users spend on average 49 minutes daily on a variety of 15-second videos, according to consultancy Analysys.
The company said about 40,000 Yangcheng Lake hairy crabs — a specialty dish in autumn — were sold in the first three days of the holiday at Hema Xiansheng, the Alibaba-owned online-to-offline supermarket chain, and sales of king crabs skyrocketed 3,000 percent year-on-year.
The company, located in Chinese aluminum hub Longkou county, boasts an annual capacity of about 100,000 tons of high-end aluminum alloy plates and 250,000 tons of advanced aluminum coils and sheets.