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An early investor in Ofo, Allen Zhu with GSR Ventures, said Saturday at a forum continuing to burn cash to compete in the bike-sharing market is meaningless for Mobike and Ofo and only results in a huge loss, adding that mergers are a complicated process. He also said where mergers are concerned investors, entrepreneurs, shareholders and users have to balance their interests and benefits, according to Securities Daily.
An employee works on the production line of face masks at a micro enterprise in Xianju county, Zhejiang province.WANG HUABIN/FOR CHINA DAILY
An employee arranges lithium-ion batteries at a factory in Tangshan, Hebei province, in April 2019. [Photo/Xinhua]
An Fengshan, spokesman for the Taiwan Affairs Office of the State Council, was responding to a question on Taiwan during the regular session of the United Nations General Assembly.
An Conghui, president and CEO of Geely Auto Group, reveals the price of Lynk & Co 02 on June 28 in Zhangjiakou, Hebei province. [Photo provided to chinadaily.com.cn]
来源：资阳报