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The company said its total investment for the acquisition would be 600 million pounds (3 million). For the proposed acquisition, it joined hands with its parent company — China Resources, forming a consortium.

The company said the number of patents it has filed and received in China and the US has reached more than 1,000.

The competition, which ran from Dec 6 to 8, was intended to promote the international exchange of academic and technological innovation between Swedish and Chinese university students in the fields of new energy, new materials, artificial intelligence, big data and other areas of cutting-edge technology.

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The company reported 18 billion yuan (.83 billion) in revenue last year, up 80 percent from a year earlier, but the achievement was eclipsed by the 300 percent growth in 2014 and 100 percent in 2015.

The company will also develop technologies such as environment sensing and automatic safety assessment to further reduce the need for manual operation, according to Mo.

The company noted that a record number of Prime items were shipped on Amazon’s peak shopping day. That was part of an overall spike in shipments that overwhelmed UPS and FedEx, causing delays in some Christmas packages.

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The company offered different numbers of victims from authorities at the scene.

The company strives to improve production efficiency, lower production cost, enhance manufacturing environment, as well as increase the competitiveness and added value of TCM, company executives said.

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The company said the Freedive catalog will continue to evolve, with new titles added regularly. Col Needham, founder and CEO of IMDb, said in a statement that Freedive will eventually be made available more widely, including on IMDb’s mobile apps.

The company said it will not look for another site for a second corporate headquarters to complement its Seattle home base: "We will proceed as planned in Northern Virginia and Nashville (Tennessee), and we will continue to hire and grow across our 17 corporate offices and tech hubs in the US and Canada."