The company's efforts in developing offshore wind power is in accordance with government efforts to promote renewable energy, as progress toward using more clean energy has been accelerating over the past few years in the country, said Wang Ziyue, an analyst at research firm BloombergNEF.
The company said it chose France because it is one of the world's most advanced manufacturing centers, has mature industrial infrastructure and a highly educated labor pool, and its geographic positioning is ideal for Huawei.
The company said it expects to post revenue of between billion to billion for the fiscal second quarter of 2019 ending in March. The midpoint of this range fell below consensus expectations, which called for .97 billion.
The company will introduce more strategic investors, sell the stock equity of branches with high leverage and purchase assets with low leverage, in a bid to decrease asset-liability ratio, said Zhuo Yiqun, chairman of the company, on Thursday.
The company, which claims to cover 200 million Chinese urban consumers, said the investment will forge a strategic partnership for the duo to explore digital marketing in the New Retail boom. Alibaba has wasted little time in placing its chips on New Retail, which refers to the merging of online and offline commerce through the use of technologies such as big data analysis and artificial intelligence.
The company's overall sales surged 274.4 percent year-on-year during the 2018 FIFA World Cup in Russia. In Europe, Hisense has built a sales network covering Spain, Italy, the UK, France and the Czech Republic, with its regional head office in Germany.
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The company helps hospitals find critical medical supplies such as blood products, oxygen and vaccines and to receive them on time and in good condition. The company said it has so far saved almost 6,000 lives.
The company said it is bringing 11 new global leading telecom operators on board to be part of its "5G Landing Project", an initiative to drive cooperation with global network operators, promote the implementation of 5G products and services, and connect new industries.
The company said it will not grow as rapidly this year as it did in the first half of 2019. "We will have nothing to rely on but the hard work of our people, as well as the ongoing trust and support of our customers and partners," Xu said. "Survival will be our first priority."
The compensation mainly includes 400,000 yuan for the family's mental anguish, as well as 360,000 yuan for Yao's medical expenses, nutrition fees, lost work expenses and traffic fees, according to the court.