The concept calls for warehousing packages underwater in specialized tanks – or even in a designated?area of, say, Seattle’s Lake Union. Packages could be dropped from the air, parachute down to the water, and then sink to a specific water level based on its density.
The company said warmer weather is a peak season for wedding photo shoots. Newlyweds have to wait a while to get their photos taken. A major problem is that schedules in the summer are quite full and it is hard to book a date.
The company's listing on the NASDAQ also adds credibility to its operations, Lee pointed out, and "doing business with us is just like doing business with a US company".
The company's operations in China now account for almost 10 percent of its global revenue, with over 100 Chinese corporate clients, most of whom are State-owned firms.
The company initially priced the phone at 9 with a 2-year contract from AT&T, but then cut the price to just 99 cents in September.
The company inked strategic cooperation with IE Singapore and UrWork to expand its co-working startup partnership. With Han Hai Holdings, it will create C31 Ventures China to establish innovation centers and incubate technology startups.
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The company, which was registered in 2010, mainly produces aluminum alloy products.
The company's sales revenue and profits rose 29.3 percent and 15.3 percent year-on-year, respectively in 2017.
The company intends to grant the initial purchasers in the notes offering a 30-day option to purchase up to an additional .5 million aggregate principal amount of the notes, according to its statement.
The company set up in October 2018 its first overseas R&D innovation center in Beijing, with focus on areas such as software and hardware development, localization, China and Asia-Pacific data analysis, intelligent connected vehicles and charging technology.