The company plans to ask the US Food and Drug Administration for emergency authorization this month once it collects more safety data for another week or two. It will manufacture enough doses for 15 million to 20 million people.
The company is also vowing to help its partners become more efficient and sustainable, and in China, such efforts have paid off, with factories reducing waste by 12 percent from the 2016 to 2018 fiscal year. From the 2015 to 2018 fiscal year, its strategic footwear suppliers in China reduced energy consumption used per pair of shoes by 19 percent.
The company is a major producer of fentanyl in China, with products exported to countries including Sri Lanka, the Philippines and Turkey.
The company, trading under the ticker symbol of "UXIN", announced its IPO of 25 million American depositary shares (ADSs) at a price to the public of .0 per ADS.
The company's draft prospectus shows that it realized an annual turnover of 272.8 billion yuan, 272.7 billion yuan and 354.5 billion yuan in 2015, 2016 and 2017 respectively. The company's net profit came in at 14.35 billion yuan, 14.37 billion yuan and 15.87 billion yuan respectively. The company's net profit growth rate stood at 5.26 percent, 5.27 percent and 4.48 percent for the three respective years.
The company's operating revenue increased by 5.8 percent year-on-year in the first six months to reach 47.2 billion yuan.
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The company will add another direct flight between the two cities every Sunday starting June 3.
The company said it also faces many restrictions when developing overseas markets. It needs to consider market growth potential, cultural differences, and laws and regulations.
The company said it would only use computer-generated transcripts to help improve Siri quality and functionality.
The company's products are well known and highly appreciated in Sofia, after in 2016, a batch of 110 Yutong diesel buses was introduced to the Bulgarian capital city's public transport system.