The company will also cooperate with both its parent company and governmental departments in any related investigations.
The company said the plant will produce 20 percent of Dubai's electricity and significantly reduce the electricity cost for the locals when the project is completed.
The company made the announcement after a report by Caixin magazine that said Blued, which claimed to have 40 million users, had become a new channel for young people to become infected with HIV.
The company said it received a notice from its controlling shareholder FAW Group, which said FAW Group was working on major issues related to the company.
The company submitted its draft prospectus on Feb 1. Eight days later, the CSRC sent its feedback on the prospectus and on Feb 11 it submitted a revised version. The prospectus is available on CSRC's official website among all the pre-disclosure announcements starting from Feb 22.
The company will be listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.
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The company is also embracing new tools such as livestreaming sessions to cater to the novel purchasing habits of Chinese shoppers.
The company is working to help more rural students in China access digital technologies. Last year, Apple said it would donate 25 million yuan to the China Development Research Foundation as part of its efforts to help students in the nation's less-developed areas.
The company invested quickly, and established a local production team in Poland, and actively explored the local supply chain resources. Six years of struggle and persistence paid off. Nuctech succeeded in overcoming the impact of the financial crisis, and gained a strong foothold in the European market.
The company, which is headquartered in Xi'an, Shaanxi province, plans to expand its operations in Malaysia with the construction of a plant to manufacture monocrystalline cells.