The company says in an SEC filing that it will use the proceeds from the debt offering for “general corporate purposes, which may include repayment of debt, repurchases of outstanding shares of common stock, acquisitions, investments, working capital, investments in our subsidiaries and capital expenditures.”
The company launched two credit cards in partnership with Bank of China, the country's fourth-largest lender by assets, on Monday.
The company's 5G foldable smartphone plan came after its rival Xiaomi Corp unveiled an engineering gadget on Wednesday, which can be bent and rolled to function both as a smartphone and a tablet.
The company will focus on expanding layout in first-tier and new first-tier cities, improving business coverage in core districts and lifting overall business volume in the second half of 2018, Wang said. "MyDreamPlus has seen rapid growth in the first half of 2018," he said. "We received a contract area of 150,000 square meters in May 2018, equal to three times the company's total operating area before 2018."
The company is a joint venture between Didi Chuxing and SoftBank Corp.
The company, he said, intends to set up a ,500 scholarship for top five students at the university to further their studies.
南宁房地产开发资质二级资质
The company, also the parent of the China Duty Free Group, attributed the booming performance to the implementation of new offshore duty-free policies introduced in the island province of Hainan.
The company plans to use the net proceeds of this offering primarily for general corporate purposes, including investment in product development, sales and marketing activities, technology infrastructure, improvement of corporate facilities and other general and administrative matters, said its prospectus.
The company, located in Peachtree City, Georgia, manufactures, sells and supports construction and material handling equipment, including cranes, excavators, and heavy forklifts in the US, Canada, Mexico and Central America.
The company said it will continue to collaborate with the Chinese government, environmental and community organizations to explore sustainable packaging solutions suitable for China.