The company's research and development team noted that it only takes 55 hours for the new calcinator to calcine compound mica, which is two thirds of the original process. Besides, it saves production costs by roughly 10,000 yuan (,490), and raises the raw material utilization rate to 95 percent, greatly improving the quality of compound mica. Current calcining experiments showed that the produced compound mica flakes have no impurities, contain good flexibility and are in thin sheets, which can significantly lower the post processing cost.
The company released essentially same statement about the Mac app, directing users to the web app or iOS app for iPhone and iPad.
The company says Tableau Online has 5,000 customers in more than 100 countries.
The company is also testing driverless grocery delivery vehicles, in partnership with UK-based tech company Oxbotica.
The company was ordered to suspend production, and the Office of the Work Safety Committee of the State Council has scheduled a meeting with leaders of Xiliin Gol League. The government of the Inner Mongolia autonomous region will further investigate the accident, and people responsible will be punished appropriately, the notice from the committee said.
The company's growth in e-commerce is more than 40 percent after it made online channels the priority in the first quarter. Such growth online is expected to remain at more than 50 percent in the remaining quarters of this year.
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The company will further expand its presence in the Middle East and India to drive growth through emerging opportunities in new markets where there is a large and growing middle class population.
The company's latest move includes the opening of an AI and internet of things lab in May 2019, the third and largest of its kind in the world. The first batch of 30 clients stand to benefit from turning prototyping into products by leveraging Microsoft's AI and IoT solutions, said Lin Miaojing, project director of the Microsoft AI and IoT lab.
The company's stock price seemed to be undervalued in Hong Kong, which indicated that people's confidence in the real economy has been undervalued, Li explained. The company's return to the A-share market will bring more confidence to investors and industries, he added.
The company’s profits were much higher than expected, an operating margin of 7.4 percent, almost double its operating margin from the previous year. But its guidance for the second quarter’s results was much lower — an operating margin in the range of 4 percent or 5 percent — suggesting that the company would be spending a lot more on … something. But what, exactly?