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The company's stock price seemed to be undervalued in Hong Kong, which indicated that people's confidence in the real economy has been undervalued, Li explained. The company's return to the A-share market will bring more confidence to investors and industries, he added.

The composite PMI, which covers manufacturing and non-manufacturing activities, edged down to 53.3 from April's 53.4, indicating an overall steady expansion in economic activities, according to the NBS.

The company manufactures thin film materials for semiconductors, flat panel displays and liquid crystal displays, and is based in Changzhou, Jiangsu province.

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The company's revenue from orders on the Chinese mainland went up 4.13 percent year-on-year, while that from overseas orders edged up 0.76 percent.

The company, which boasts the largest group of young fans for ACGN, is reportedly planning an initial public offering in the United States that could raise at least 0 million.

The company said it has developed more?than a dozen prototypes in the past few years at R&D centers in the U.S., United Kingdom, and Israel, and that the “look and characteristics of the vehicles will evolve over time.”

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The company, based in Guangzhou, will resume more than 90 percent of its production capacity, according to Tang.

The company should search new path to develop, such as creating new businesses and core competence, the business insider added.

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The company said it had signed deals with over 10 cinema operators, including Wanda Cinema, Evergrande Cinemas, UME International Cineplex and Poly International Cinema, and is expected to provide more than 7,000 mini karaoke booths called WOW mini KTV in those cinemas by the end of 2017.

The company started building its second flexible AMOLED production line in Hefei, Anhui province, in December 2018.