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The company will hold a grand livestreaming event on Thursday to showcase its latest technologies and products to international buyers.

The company's upcoming smartphone Mi9 Pro 5G will support four types of charging, including wired fast charging, wireless flash charging, wired OTG reverse charging and wireless reverse charging.

The company's full-year net loss was 9 million, reversing from a net profit of 5 million a year earlier and was worse than the average forecast for a 5 million net loss from a poll of 22 analysts by research firm FactSet.

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The company said BMW has determined its four major pillars for success in China－localization, innovation, opening-up, and high-speed transformation, and the company recognizes them as "must-win fields".

The company said it has transferred its interest in the 470-million-pound (3 million) development to Hong Kong-listed R&F Properties and CC Land.

The company is now fully owned by FrieslandCampina. The Dutch firm said it is restructuring its business and plans to increase the capacity of the Friesland Huishan Dairy plant, which is located near Shenyang in Liaoning province, and it is confident in the growth potential of the company.

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The competition has been intensified.

The company, founded in the Mexican state of Jalisco, sees the CIIE as a fair that can open the door to the Chinese market for Mexican companies, Alejandro Alaniz, Sesajal's sales manager for Asia-Pacific region told Xinhua.

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The company saw its revenue and net profit grow 10.12 percent and 21.92 percent year-on-year, respectively, in the first three months of this year.

The company said on Friday it has suspended the planned purchase of Le Vision Pictures, a filmmaking arm of LeEco, and will hold a briefing on Tuesday related to the termination of a reorganization of the company's major assets and operating situation.