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The company’s stock is up 90% since March and was trading at around ,230 on Thursday before the market closed. Amazon’s market capitalization has risen to .6 trillion, right alongside Microsoft, which also beat earnings expectations this week. They trail Apple ( trillion) for the title of most valuable publicly-traded U.S. company.

The company will strengthen its global supply chains and increase investment in Thailand, Egypt and Brazil. In April, Midea began to build an air conditioner factory in Thailand. It is also preparing to build a manufacturing base in Egypt, its 18th overseas.

The company said new enterprise customers will maintain a relatively rapid growth as a large number of people return to big cities and more companies tell employees to work from home.

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The company's R&D expenditure increase was just behind Amazon, which rose 210 percent during the 5-year period.

The company is taking steps to expand overseas, with the countries and regions involved in the Belt and Road Initiative as a main focus.

The company so far has successfully assisted in the shipment of exhibitors from nations such as Germany, Turkey, Barbados, South Africa, Denmark, Italy, Egypt, the Philippines, New Zealand, Australia, Samoa and Fiji.

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The company is also stepping out of its comfort zone by developing Castleberry Park, a mixed-use project in downtown Atlanta that will include a 200-room Hard Rock Hotel near the Mercedes-Benz Stadium, home to the NFL’s Atlanta Falcons and Super Bowl LIII early next year.

The company's recycled products including cement and bricks have passed quality tests and have been exported to countries including Pakistan and Kenya.

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The company said it does not intend to search for an alternative site for its second headquarters, but it will continue its headquarters plan in Arlington, a suburb of the capital Richmond, and push forward with the construction of a new operation center in Nashville in the state of Tennessee.

The company hopes to work with more partners to provide logistics support to Chinese companies so they could "go global" through the deployment of global logistics and supply chain networks. It will also seek to help upstream businesses cultivate reliable logistics service ability.