The combined income of the 131 securities firms in the report dropped 11.9 percent year-on-year, totaling 126.6 billion yuan (.7 billion) during the first half of 2018. During the same period, their combined registered net profit margin contracted to 26 percent from 36 percent in 2017.
The company has been promoting hydrogen production and utilization in China, including transportation and storage, as well as hydrogen fuel cell manufacturing and hydrogen refueling station construction, he said.
The clandestine workshop in Zhongshan's Shaxi township, of about 200 square meters, was equipped with sound-deadening equipment, the officer said. Plenty of partially finished bills, materials and equipment were seized, he said.
The coking industry has been an economic pillar in Shanxi province, which is known for its rich coal resources. However, it has been a major source of air pollution in the province over the past decades.
The company has also launched a product facilitating remote meetings between a lawyer and client, as well as remote interrogation by the police -- situations in which people don't normally wear masks, but the absence of a mask poses health risks during the epidemic.
The company has so far imported more than 120 million tons of LNG, equivalent to a carbon dioxide reduction of some 400 million tons and more than 800 million trees, it said.
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The combined revenue of China's e-commerce, online travel, and digital media consumption in 2018 is estimated to reach 5 billion, ahead of the projected 8 billion in the United States and 4 billion in Europe, Yuen said.
The comments came after the country's software sector recorded revenue of 3.86 trillion yuan (2.8 billion) in the first seven months of this year, marking a 15.1 percent jump year-on-year.
The company claimed it has 22 million registered users and provides different subscription plans. Currently, it provides nearly two million clothing items and covers a wide range of brands, including entry-level luxury dresses, high street brands and designer items.
The co-branded card, which is a credit and debit card, also entitles holders to free personal accident insurance.