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The company officially kicked off a top-level tertiary hospital during the disease outbreak in Wuhan, Hubei province, admitting more than 2,000 COVID-19 patients and ranking third among all designated hospitals in terms of patients treated.

The company said earlier it aims to achieve revenue of 110 billion yuan (.8 billion) and net profit of 50.5 billion yuan this year, both up 10 percent year-on-year. Moutai said it will soon resume production.

The company prepared some personalized products, such as tailored trips and villa rentals. Those products carried cheaper price tags than usual though.

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The company's net profit dropped 23.8 percent to 2.79 billion yuan (9.46 million) during the first nine months of the year.

The company's poor sales record was attributed mainly to the 737 MAX crisis, after two MAX jets were involved in two fatal crashes in October 2018 and March 2019. The two crashes killed a total of 346 people in Indonesia and Ethiopia.

The company is also empowering merchants to personalize their virtual storefronts for individual visitors, offering real-time, tailored product recommendations banking on algorithms that analyze a person's interests, location and purchasing power.

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The company said its representatives met with Rui Pedro Oliveira, a Portuguese citizen who accused Huawei of stealing his smartphone camera patents, in 2014 per his request, but the company did not use his design in smartphone cameras.

The company’s rise over the past decade has been nothing short of remarkable. Many analysts thought Amazon wouldn’t survive the dot com bust, including one who famously dubbed the company “Amazon.toast.” But since that period 10 years ago — a distant memory before it launched Kindles or Amazon Web Services — the stock has risen 2,498 percent.

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The company's sales increased by 15 percent in the first half of this year, according to Yang. "Though the window of the US market is closing, other markets are opening wider. We put forward new products constantly to meet the demands and expand our markets," he said.

The company's response has been to introduce new lines of services to help its clients to overcome these problems and maximize their sales, through the addition of a site management organization and a contract sales organization.