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The company reported its total revenues nearly doubled from 91.8 million yuan (.7 million) in the first half year of 2019 to 185.5 million yuan in the first six months of 2020.

The company on Monday announced a plan to start a new sub-platform in its mobile app, offering one-stop booking services ranging from hotels to scenic spots tickets which cover all cities along high-speed railways.

The company will launch an international road show at the beginning of December and list shares in US bourse on Dec 12, with a total initial public offering less than billion. It has obtained 10 times subscription intention from institutions, the report said citing people close to the deal.

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The company is also planning to build 100 battery swap stations in the second half of 2020, in cities including Beijing and Xiamen in Fujian province, bringing its total to 300.

The company is preparing its own ballot initiative, which would "enact stronger regulation and enforcement rather than prohibition," Kwong said.

The company receives about 600 orders a month, earning more than 120,000 yuan (,500).

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The company's first quarter net profit margin stood at about 8 percent, slightly higher than the same period last year.

The company seeks to become more agile in a competitive market, but the cut play out against the economic slowdown caused by the coronavirus pandemic that has forced many to postpone new investments.

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The company is offering a competitive salary,?equity, and unlimited vacation. As an added bonus, EveryMove promises that?the right candidate’s career will advance by 10 years in a three-year time period.

The company's expanded footprint in the global cloud computing arena seems to be a good example. Huawei will soon build cloud computing nodes or availability zones in Brazil and Chile, Zheng Yelai, president of Huawei's cloud business, said in late March.