The company's Jiangsu Xiangshui offshore wind farm, China's first wind power project to transmit power via an offshore transformer substation constructed in the outer waters of Xiangshui county in Jiangsu, started commercial operation in 2016, said the company.
The company's performance forecast showed net profit, excluding non-recurring items, could reach 3.18 billion yuan (2 million) last year, thanks to China's booming new energy vehicle (NEV) market. CATL is a company listed at Shenzhen Stock Exchange.
The company released a statement saying "Huawei is disappointed in the ruling today by the Supreme Court of British Columbia. We have repeatedly expressed confidence in Meng's innocence."
The company is continuing to expand its presence in the country, most recently with investments in Shandong and Guangdong, to increase its oilseeds processing capacity and meet the country's growing demand for soybean products.
The company launched video sharing and streaming app Meipai in 2014, and short video app product WIDE in 2018, which caters to creative young people.
The company's lineup already includes the low-end Nokia 3 and Nokia 5, the mid-range Nokia 6, and the high-end Nokia 8. Priced at 7 for 4GB storage, Nokia 7 went on sale in China last week. HMD Global has yet to confirm when the handset will be launched in other markets across the globe.
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The company?announced this week that shoppers who perform a “price check” using the bar-code scanning iPhone or Android app while considering in-store purchases will receive? discounts on Amazon. (Shoppers can do up to three price checks for a total of ).
The company will stop engaging in property development and will turn to solely focusing on commercial management. The relevant parties will strive to take the company public as soon as possible, the statement said.
The company plans to bring 10 innovative medicines to China in the next seven to eight years.It also aims to get approval in China simultaneously to other countries and regions, so that Chinese patients will have timely access to its medicines.
The company realized 123 million yuan (.16 million) in sales in 2019, also selling its innovative products to more than 40 countries and regions.