The company intended to raise funds through the issuance of new shares, part of which will be used to integrate two Chinese assets of Bluestar-Jiangxi Bluestar Silicone (Xinghuo Silicone) and Bluestar Silicon Materials (Lanzhou Silicon)-in order to realize integrated management of Bluestar's global silicone business.
The company stated that as charging technologies and infrastructure are still relatively sparse, pure electric vehicle user experience is below par.
The company just launched a new Kindle Convert app for Windows PCs that allows people to take in scans of a text and convert it into a file that they can then save to their Kindle account and access from the company’s e-reading platform. (The app was spotted by the Ink, Bits and Pixels blog.)
The company's trading network covers 60 countries and regions in the world. From January to September this year, Wang Laoji's herbal beverage exports reported an increase of 63.7 percent year-on-year, and it estimated for the whole year exports will increase 50 percent, a record high.
The company said cumulative sales of vehicles built on the architecture surpassed 600,000 units by the end of July.
The company maintained that it has strong data privacy and security protection measures in place, and no backdoors will be created in any of its systems.
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The company will help more than 5,000 merchants open their official stores on Tmall, and give 1,000 premium lectures covering catering, logistics and retail within next three years to help 10 million staff engaged in these industries enhance their digital operation capacities.
The compensation request was in four parts: 10.9 million yuan for Li's wrongful detention, 20 million yuan for his mental anguish, 10 million yuan for his physical punishment and 500,000 to cover the appeal's fees, his lawyer, Liu Chang, told China Daily.
The company, better known as Sinopec, first set up a mobile ophthalmic hospital called the Sinopec Lifeline Express on a special four-car railway train in 2007 to offer eye surgery training for cataract removal. After some decades of development, the hospital on wheels has provided free medical care to over 46,000 poverty-stricken cataract patients, it said.
The company saw robust growth momentum in its international businesses, whose Q1 revenue accounted for roughly 35 percent of total revenue.