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The company's total revenue came to 85.47 billion yuan in Q1, a rise of 16 percent from the same period last year.

The company will launch its first European e-commerce platform and delivery services in France, with plans to roll out to the United Kingdom and Germany, according to Liu. In the UK, JD will also open an artificial intelligence research center in Cambridge and offices in London.

The company is further enhancing its localized research and development capabilities, especially in the cutting-edge 48-volt technology for nextgeneration new energy vehicles, after investing 78 million euros ( million) in the new headquarters in China, which also serves Brose Group as the Asian headquarters.

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The company is planning to test the first three types of facilities in Beijing this year.

The company is a supplier of cooked and marinated duck meat products, marinated vegetables and other by-products, using vacuum packaging.

The company signed deals with major cinema operators, including Wanda Cinema, UME International Cineplex and Poly International Cinema, and is expected to provide more than 7,000 mini KTV booths called "WOW Mini KTV" in cinemas by the end of 2017, it said.

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The company said when some unexpected incidents such as earthquakes or epidemics happen, governments usually have a higher demand for helicopters for emergency rescues and transportation.

The company said no confirmed cases have been detected at the bottling units of its Pepsi Cola and production is continuing. At the same time, the company reiterated that its snacks are safe as the possibility of survival of viruses during its snack processing under ultrahigh temperature and the ensuing supply chain is close to zero.

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The company said its research and development expenditures last year rose 71 percent year-on-year, to 48.5 million yuan.

The competition in the 5G market has also intensified, with Huawei, Xiaomi, Oppo and Vivo all scrambling to launch devices that encompass all price segments so as to reach more customers.