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The company's first 5G smartphone will be launched in the first three months of 2019, he added.

The company's ambition came after the Ministry of Industry and Information Technology, China's top industry regulator, rolled out favorable policies to encourage enterprises to embrace cloud services.

The company views Managed Delivery as the “third pillar of eBay’s ongoing evolution to create a more managed marketplace,” according to the press release. The first two are a managed catalog to make it easier for buyers to find what they want and a system of managed payments.

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The company reported 7.8 million in total revenue in the last quarter of 2017, a 62 percent growth. Net income in the same period was .5 million, a 44 percent increase year-on-year, according to the statement.

The company plans to list on the Nasdaq under the symbol "OCG," by offering 5.065 million shares at apiece, according to its latest prospectus filed Friday with the US Securities and Exchange Commission.

The company that specializes in AI translation made its debut at CES and showed its real-time English-to-Chinese translation. It ran as good as a human translator.

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The company said Halloween typically drives one-tenth of its billion in annual sales. US candy sales during last year's Halloween season totaled .6 billion, making it the biggest holiday for candy, according to the National Confectioners Association.

The company's total overseas assets under management were .6 billion to date, while the total overseas construction contract value was billion. According to Shu, the company has been able to achieve this due to its world-leading technology and abundant engineering experience in long-distance power transmission, large-scale grid construction and operation, and smart grids and micro grids.

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The company, operating in 149 countries and regions, officially kicked off its "Patient In" strategy in January this year, to first operate in 12 countries and regions, including China.

The company's total installed capacity exceeded 320 million kW by the end of 2019. Besides thermal power, which reached 140 million kW and accounted for about 44 percent of total power generation, power generated by hydropower reached 110 million kW, accounting for 34.4 percent of total power generation.