The committee added that individuals responsible for asking parents to sit for exams will also be punished. It said other schools should learn from the case.
The combined investment in 42 PE deals made public was .4 billion in April, much higher than the 466 million dollars registered in April last year, according to the report by China Venture, an industry information provider.
The company claimed it had done trials and proved the safety of its product, as long as it is taken correctly and in the right dosage.
The company has four manufacturing sites in China. The one in Wuxi, Jiangsu province, produces products based on semiconductor technologies. Its size will be doubled by the year-end.
The commission said the two companies have accumulated 6,040 km of road tests during the past 40 days. No accidents involving testing vehicles have occurred and the tests have not disrupted traffic.
The comments came after Huawei said earlier that it would sell its 51 percent stake in Huawei Marine Networks, a global submarine network provider and a joint venture between Huawei and United Kingdom-based undersea cable company Global Marine Systems.
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The commission will also cancel restrictions on foreign holdings in Chinese banking and asset management companies in three other documents.
The company has developed its strategy to continue organic growth by adding manufacturing capacity in North America.
The company has grown rapidly with its total revenues increasing from 54.9 million yuan in 2016 to 568.7 million yuan last year. In addition, its total revenues jumped to 279.4 million yuan in the first quarter of this year from 63.6 million yuan in the same period last year, the prospectus showed.
The committee did not interview Natalia Veselnitskaya, Jared Kushner, Trump's son-in-law, or Paul Manafort, Trump's former campaign manager, who all attended the meeting, but it released Veselnitskaya's written statement to the panel's chair and one page of notes that Manafort took during the meeting.