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The company announced a new strategic partnership with SAP to integrate Google’s cloud solutions with SAP’s enterprise applications.

The company announced in mid-February that its employee stock ownership plan was due on Feb 13 and all the 44.55 million shares were sold out. With that, the company's market value was estimated to have shrunk by 1.47 billion yuan.

The company also pledged to nurture 100 leading e-commerce merchants and expand the online market for hairy crabs by 20 billion yuan (.97 billion) within five years.

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The company also had over 16.8 million of cumulative transacting customers as of March 31. In addition, its customer repurchase rate in 2018 exceeded 54 percent.

The community rental display area that allows people to rent rehabilitation assistive devices makes its debut at the 2020 Shanghai International Exhibition of Senior Care, Rehabilitation Medicine, and Healthcare at the Shanghai New International Expo Center on Oct 28.[Photo by He Qi/China Daily]

The clinical center has used the system to diagnose more than 70 cases of pneumonia caused by novel coronavirus. The results have been highly reliable and similar to those produced by doctors.

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The committee's work as a think tank will be further improved, Wang said, adding that information exchanges on international commercial issues among the members need to be intensified.

The clinics will offer primary and preventative care, physical therapy, behavioral health services, vaccinations, and prescriptions.

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The company formed a crisis management team to provide face masks and hand sanitizers, installed temperature screening in offices, and mapped out sanitizing procedures for the factory. The team had been responsible for building and restoring confidence among employees during the period.

The companies aren’t saying exactly what the investment means, but Amazon appears to be excited about the prospects at ParAccel.