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Dong believes the company's share price is undervalued and its issue price is more a reflection of non-market factors. He forecast the stock price would probably continue to soar in the days ahead.

Due to the health problems that modern lifestyles bring, people, especially the younger generation, are becoming increasingly aware of the importance of health management, Liu said.

Dongfeng Motor Group, which exported 59,000 vehicles during the first 11 months, a 70 percent rise from the same period last year, has set up factories in countries including Iran, Vietnam and Malaysia. In Russia alone, it has established a sales network of over 40 sales outlets.

Due to the COVID-19 pandemic, however, the revamping task, which entails debt repayment, has faced mounting difficulties partly because some businesses that have struggled to survive the contagion may need to defer repayment, the PBOC said.

Duan announced a new plan to serve more than 100,000 large commercial residential operators in three years, saying the company will be a pioneer in the industry with a new membership system that offers smart equipment, data software services and smart value-added services.