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The company will also recall 6,912 imported MINI Cooper vehicles produced between Jan 6, 2017 and June 21, 2018, starting from Oct 15.

The company regards such investment as a "milestone" in its Chinese market.

The company started its major move to Daxing on April 12 — despite the COVID-19 pandemic. It expects to complete 60 percent of the move this summer and autumn.

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The company reported H1 net profit of 2.55 billion yuan (2.1 million), while its H1 revenue reached 37.98 billion yuan, up 7.5 percent from a year ago, its earnings report showed.

The company plans to list on the NASDAQ under the symbol "TIGR," with an expectation to raise up to 0 million in the IPO, according to its prospectus filed with the US Securities and Exchange Commission.

The company was fined 300,000 yuan (,750) for publishing harmful images on April 19, and its website is still closed.

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The company will also improve the passenger travel experience by providing services, including air conditioning in stations and on trains, online meal ordering and check-in procedures using facial recognition technology.

The company's new nonalcoholic beer also enjoys a star turn in the animated film, enriching the time-travel plot with a modern-day touch. Harbin NAB serves as not only Hajiang's safe, but indulgent solution to the emperor's thirst, but also as a call-to-action from AB InBev to its Gen Z customers to make smarter choices before getting behind the wheel.

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The company submitted its draft prospectus on Feb 1. Eight days later, the CSRC sent its feedback on the prospectus and on Feb 11 it submitted a revised version. The prospectus is available on CSRC's official website among all the pre-disclosure announcements starting from Feb 22.

The company said that 70 percent of the proceeds from the IPO will be used for financing potential strategic acquisitions and establishing new schools in China.