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Chen Nanxiang, executive vice-chairman of China Resources Microelectronics Ltd, said that the company will focus on the R&D of key products and IC modules. Meanwhile, they will seek cooperation with other companies, consider mergers and acquisitions and start equity investment when appropriate.
Chen added that the main users of Changba are music lovers and their fans usually range from 20 to 30 years old. "We found that youths under 20 swarmed into our app amid the outbreak, and older users have come back. In addition, they tend to spend more time on mobile karaoke apps, and their frequency of use each day is also rising."
Chief Executive Carrie Lam Cheng Yuet-ngor addresses the opening ceremony of the Asian Financial Forum 2020 on Monday, organized by the HKSAR government and Hong Kong Trade Development Council. [PHOTO / CALVINNG]
Chen said the company plans to invest 3 billion yuan (4 million) to build a plant for mass production of the vehicles, and a further 5 billion yuan for developing more varieties of vehicles, as it foresaw strong demand for such products in future "smart cities."
Chen Zhigang, deputy director of the State Council Leading Group Office of Poverty Alleviation and Development, said at the forum that poverty reduction is a thorny issue for China and the world.
来源：资阳报