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The company said it will globally premiere a passenger car with Level 2 autonomous driving functions with a Chinese carmaker at the forthcoming Shanghai auto show later this month.

The company's practices deprived the downstream dealers of pricing autonomy, excluded and restricted the competition within the brand and in effect weakened the competition among brands, the statement said.

The company raked in 2.89 billion yuan (9.5 million) in net profits attributable to shareholders in Q1, up 3.9 percent year-on-year, according to its Q1 financial report filed with the Shanghai Stock Exchange.

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The company?previewed?what it’s calling the?Ravello cloud service: a container service?claimed to?allow running VMware and kernel-based virtual-machine workloads in the public cloud, with no need to convert virtual machines, reconfigure the apps or play with network settings.

The company, founded in 2013, became a unicorn - a startup valued at more than billion - in 2015 by raising million in its A-round of financing.

The company, which saw a strong rise in user numbers in the first half, expressed the hope that the government will enable online education providers to fully participate in the everyday curriculum of the nation's public schools.

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The completed results showed former South Bend, Indiana, mayor Pete Buttigieg and Senator Bernie Sanders of Vermont separated by about a 10th of a percentage point in the total of "state delegate equivalents" — the measure state and national officials use to declare the winner and award delegates to the nominating convention to be held July 13-16 in Milwaukee, Wisconsin.

The company, which is listed on the National Equities Exchange and Quotations, China's equity trading system oriented for small and medium-sized enterprises, posted a net loss attributable to shareholders of 17.97 million yuan for last year.

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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 complementary yet competitive relationship between the markets will encourage them to learn from each other and improve their attractiveness to high-quality IPO candidates, resulting in a higher efficiency of the capital market in fueling innovation-driven growth, Wang said.