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The company said it is actively promoting the development and application of cutting-edge technologies. At present, TCL owns 28 research and development institutions and more than 10 joint laboratories around the world.

The company, for instance, is going to launch its top-end luxury project "Loong Palace" in Beijing,as one of its latest efforts in exploring the region.

The comprehensive plan coordinates Hainan's six such plans－the plan for main government functional areas, the plan for ecological system protection control lines, the plan for urban and town development boundaries, the general plan for land utilization, the plan for forest protection and utilization and the plan for ocean functional areas.

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The company said in a recent statement it hopes My People, My Country and future film releases will boost profits in the fourth quarter. To date, Beijing Jingxi still has 15 films in preparation or scheduled for production and release.

The company saw total property sales on contracts reach 606.95 billion yuan (.3 billion) last year, with a combined area of 40.38 million square meters sold, the statement said.

The company, which has an R&D center in Silicon Valley and plans to set up a design studio in Los Angeles, announced move to enter the already competitive US auto market by the fourth quarter of 2019.

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The company said it would continue the construction of an e-commerce operation and settlement center in Jilin, which is expected to create 9,000 jobs.

The company raked in about 9.4 billion yuan (.4 billion) in net revenue in Q3, up 15 percent year-on-year, according to its unaudited financial report released Thursday.

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The compensation was directly paid to residents via a blockchain-based payment system, which helped reduce the possible intermediate links and avoided diversion or misappropriation of funds, said Wu Haijun, deputy director of the area's administrative committee. Over 160 construction projects and more than 40,000 migrant workers were paid via blockchain-based payment systems, said Wu.

The company’s latest brick-and-mortar location?will be in Chicago, reported The Chicago Tribune.