The company said that one of its fast-growing businesses comes from autonomous financial crime management, where it helps financial services organizations combine data, analytics and automation to improve detection, improve operational efficiencies and reduce costs.
The company priced its shares at .26, just above the lower end of its .25 to .25 target price range on Wednesday on the New York Stock Exchange.
The company will continue to balance the development of research, marketing and management systems, with a goal to consolidate its position as the industry leader, Zeng said.
The company saw its revenue increase 16.4 percent to 3.44 billion yuan in the first six months of this year, with revenue from its branded down apparel business segment surging by 19.5 percent to 1.77 billion yuan year-on-year.
The company said a total of about 20.6 million railway trips were made during Sunday and Monday, the first two days of the holiday, a year-on-year increase of 549,000 trips.
The company said its new technologies have also been applied in oilfields in northeast China, as well as in Kazakhstan, Canada and Venezuela.
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The company plans to have textbooks available for sale or rent through the Google Play store, alongside its other offerings. Students renting a book will have it available for six months, which ends up being a little bit longer than a traditional school semester.
The company said it plans to provide free temperature testing, sanitizing wipes and masks upon request. Shoppers will be "encouraged" to wear face masks and wash their hands frequently.
The company was also ordered to pay 30.5 million yuan in fines, it said.
The company wants engineers with experience in “Computer Vision, 3D objects, rendering and data storage by designing, developing and testing software solutions.” The posting further states that “applications would include real-time 3D modeling, image and video stream processing all within a scalable distributed environment.”