The company aims to increase penetration of health services for its clients, according to Ma. The aim is to become a leading health security integrated service provider in China with its strong client resources and sales channels, and experiences in social public medical security sector, Ma added.
The commission will explore avenues of replenishing the capital of small and medium banks, such as the introduction of foreign or private investors through market means, as well as mergers, reorganizations and equity investment that are compliant with laws and regulations, he said.
The company has signed a deal with several Australian distributors to sell 1 million peonies and Chinese herbaceous peonies to Australian customers.
The company estimates that internationally, 80 percent of its revenue comes from women's products. In China, however, the bulk of its sales is in menswear.
The collaboration is also expected to draw expertise from Tmall Innovation Center, Alibaba's in-house product co-creation program, which relies on Alibaba's 674 million active users to extract consumer insights and conduct a myriad of pre-launch tests from pricing to packaging, Hu noted.
The company exports 60 percent of its solar products overseas to Europe, the United States, India, Japan and Southeast Asia.
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The company filed a similar lawsuit last year against an Illinois-based affiliate marketing company, First Impression Interactive, and won prohibitions against use of the Amazon brand by that company.
The commission said he severely violated the Party's rules and code of conduct, failed to follow major decisions made by central leaders and resisted an investigation by anti-graft inspectors.
The collision caused water to enter the ship which sank at about 10:35 pm local time.
The company also inked deals with five leading international brands, including Unilever, Nestle and Pfizer, to partner on product innovation and premier launches.