Lixiang Education Holding Co. Ltd. Form 6-K Current Event Report

Total Page:16

File Type:pdf, Size:1020Kb

Lixiang Education Holding Co. Ltd. Form 6-K Current Event Report SECURITIES AND EXCHANGE COMMISSION FORM 6-K Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments Filing Date: 2021-04-30 | Period of Report: 2021-04-30 SEC Accession No. 0001193125-21-142904 (HTML Version on secdatabase.com) FILER Lixiang Education Holding Co. Ltd. Mailing Address Business Address NO. 818 HUA YUAN STREET NO. 818 HUA YUAN STREET CIK:1814067| IRS No.: 000000000 LIANDU DISTRICT LIANDU DISTRICT Type: 6-K | Act: 34 | File No.: 001-39559 | Film No.: 21874213 LISHUI CITY. ZHEJIANG LISHUI CITY. ZHEJIANG SIC: 8200 Educational services PROVINCE F4 323000 PROVINCE F4 323000 86(578)2267142 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2021 Commission File Number: 001-39559 Lixiang Education Holding Co., Ltd. (Exact name of registrant as specified in its charter) No. 818 Hua Yuan Street Liandu District, Lishui City, Zhejiang Province, 323000 Peoples Republic of China (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Lixiang Education Holding Co., Ltd. By: /s/ Weijian Xu Weijian Xu Chief Financial Officer Date: April 30, 2021 2 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document EXHIBIT INDEX Exhibit No. Description Exhibit 99.1 Press Release 3 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Exhibit 99.1 Lixiang Education Announces Financial Results for Fiscal Year Ended December 31, 2020 LISHUI, China, April 30, 2021 /PRNewswire/ Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) (Lixiang or the Company), a prestigious private primary and secondary education service provider in China, today announced its financial results for the fiscal year ended December 31, 2020. FY 2020 Financial Highlights: Net revenue increased by 4.7% from RMB152.1 million in 2019 to RMB159.2 million (US$24.4 million) in 2020 Net revenues generated from Yijing Campus Featured Division increased by 65.1% from RMB8.3 million in 2019 to RMB13.7 million (US$2.1 million) in 2020. Gross profit was RMB45.1 million (US$6.9 million) for the fiscal year ended December 31, 2020, a decrease of 16.5% compared to RMB54.0 million in the same period last year. The Company reported RMB33.6 million (US$5.1 million) of net income or RMB0.62 (US$0.10) per basic and diluted share in the fiscal year ended December 31, 2020, compared to net income of RMB47.2 million, or RMB0.94 per basic and diluted share, in the comparative period in 2019. The net revenue increase was primarily due to an increase in the number of students enrolled. The number of students enrolled at our Baiyun Campus increased from 4,361 as of September 1, 2019 to 4,493 as of September 1, 2020, and the number of students enrolled at our Yijing CampusFeatured Division increased from 184 as of September 1, 2019 to 362 as of September 1, 2020. The gross profit decrease was primarily due to the increased level of compensation for teachers and an increase in the number of our teachers from 322 as of September 1, 2019 to 351 as of September 1, 2020. Mr. Wei Biao, Chief Executive Officer of the Company, commented, 2020 is a very challenging year due to the COVID-19 pandemic. Despite of the unprecedented lock-down and social distancing policies, we managed to maintain and improve our high-quality private education services. We were also successfully listed on NASDAQ. Our revenue from tuition, meal and accommodation increased by 6.5%. In the meanwhile, salary and welfare for our teachers increased by 19.7% since we intend to maintain and attract more high-quality teachers we desire to keep our competitiveness in the market. The most gratifying thing is that our number of students increased. In particular, in our Yijing Campus-Featured Division, the number of students almost doubled in the new semester of 2020. As COVID-19 has been effectively controlled in China, we are confident we will achieve higher growth next year. Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Fiscal Year 2020 Financial Results Net Revenue Our net revenues increased by 4.7% from RMB152.1 million in 2019 to RMB159.2 million (US$24.4 million) in 2020, primarily due to an increase in the number of students enrolled. Cost of Revenues Our cost of revenues increased by 16.3% from RMB98.1 million in 2019 to RMB114.2 million (US$17.5 million) in 2020, primarily due to an increase in the number and compensation level for teachers, as our number of teachers increased only from 322 as of September 1, 2019 to 351 as of September 1, 2020. General and administrative expenses. Our general and administrative expenses increased by 107.3% from RMB9.3 million in 2019 to RMB19.2 million (US$2.9 million) in 2020, primarily due to the audit and review service fee incurred in our initial public offering and listing in 2020. Income from operations Our income from operations decreased by 42.1% from RMB44.7 million in 2019 to RMB25.9 million (US$4.0 million) in 2020. Other income, net Our other income, net increased by 65.6% from RMB5.9 million in 2019 to RMB9.8 million (US$1.5 million) in 2020 primarily due to an increase in government grants. Net Income Our net income decreased by 28.9% from RMB47.2 million in 2019 to RMB33.6 million (US$5.1 million) in 2020. About Lixiang Education Holding Co., Ltd. Founded in Lishui City, China, Lixiang Education Holding Co., Ltd. is one of the top 10 private primary and secondary education institutions in Zhejiang Province. The Companys education philosophy is to guide the healthy development of students and to establish a solid foundation for their lifelong advancement and happiness. For more information, please visit: www.lixiangeh.com. Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars are made at a rate of RMB6.5250 to US$1.00, the rate in effect as of December 31, 2020 published by the Federal Reserve Board. Safe Harbor Statement This press release contains statements that may constitute forward-looking statements pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, expects, anticipates, aims, future, intends, plans, believes, estimates, likely to, and similar statements. The Company may also make written or oral forward- looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the SEC), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Companys beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Companys strategies, future business development, and financial condition and results of operations; the expected growth of the Chinese private education market; Chinese governmental policies relating to private educational services and providers of such services; the Companys ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Companys filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. CONTACT: Siyi Ye, Tel: +86-578-2267142, Email: [email protected] Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document.
Recommended publications
  • Table of Codes for Each Court of Each Level
    Table of Codes for Each Court of Each Level Corresponding Type Chinese Court Region Court Name Administrative Name Code Code Area Supreme People’s Court 最高人民法院 最高法 Higher People's Court of 北京市高级人民 Beijing 京 110000 1 Beijing Municipality 法院 Municipality No. 1 Intermediate People's 北京市第一中级 京 01 2 Court of Beijing Municipality 人民法院 Shijingshan Shijingshan District People’s 北京市石景山区 京 0107 110107 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Haidian District of Haidian District People’s 北京市海淀区人 京 0108 110108 Beijing 1 Court of Beijing Municipality 民法院 Municipality Mentougou Mentougou District People’s 北京市门头沟区 京 0109 110109 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Changping Changping District People’s 北京市昌平区人 京 0114 110114 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Yanqing County People’s 延庆县人民法院 京 0229 110229 Yanqing County 1 Court No. 2 Intermediate People's 北京市第二中级 京 02 2 Court of Beijing Municipality 人民法院 Dongcheng Dongcheng District People’s 北京市东城区人 京 0101 110101 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Xicheng District Xicheng District People’s 北京市西城区人 京 0102 110102 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Fengtai District of Fengtai District People’s 北京市丰台区人 京 0106 110106 Beijing 1 Court of Beijing Municipality 民法院 Municipality 1 Fangshan District Fangshan District People’s 北京市房山区人 京 0111 110111 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Daxing District of Daxing District People’s 北京市大兴区人 京 0115
    [Show full text]
  • Annual Report 2019
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2019 2019 年度報告 2019 年度報告 Annual Report CONTENTS Section I DEFINITIONS AND MATERIAL RISK WARNINGS 4 Section II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 8 Section III SUMMARY OF THE COMPANY’S BUSINESS 25 Section IV REPORT OF THE BOARD OF DIRECTORS 33 Section V SIGNIFICANT EVENTS 85 Section VI CHANGES IN ORDINARY SHARES AND PARTICULARS ABOUT SHAREHOLDERS 123 Section VII PREFERENCE SHARES 134 Section VIII DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES 135 Section IX CORPORATE GOVERNANCE 191 Section X CORPORATE BONDS 233 Section XI FINANCIAL REPORT 242 Section XII DOCUMENTS AVAILABLE FOR INSPECTION 243 Section XIII INFORMATION DISCLOSURES OF SECURITIES COMPANY 244 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of contents of this annual report (the “Report”) and that there is no false representation, misleading statement contained herein or material omission from this Report, for which they will assume joint and several liabilities. This Report was considered and approved at the seventh meeting of the seventh session of the Board. All the Directors of the Company attended the Board meeting. None of the Directors or Supervisors has made any objection to this Report. Deloitte Touche Tohmatsu (Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP (Special General Partnership)) have audited the annual financial reports of the Company prepared in accordance with PRC GAAP and IFRS respectively, and issued a standard and unqualified audit report of the Company. All financial data in this Report are denominated in RMB unless otherwise indicated.
    [Show full text]
  • Ectopic Expression of the Botfl1-Like Gene of Bambusa Oldhamii Delays Blossoming in Arabidopsis Thaliana and Rescues the Tfl1 Mutant Phenotype
    Ectopic expression of the BoTFL1-like gene of Bambusa oldhamii delays blossoming in Arabidopsis thaliana and rescues the tfl1 mutant phenotype H.Y. Zeng1,2, Y.T. Lu1, X.M. Yang1, Y.H. Xu3 and X.C. Lin1 1The Nurturing Station for the State Key Laboratory of Subtropical Silviculture, Zhejiang Agriculture and Forestry University, Lin’an, Hangzhou, Zhejiang, China 2Lishui City Liandu District Forestry Bureau, Lishui, Zhejiang, China 3School of Agriculture and Food Science, Zhejiang Agriculture and Forestry University, Lin’an, Hangzhou, Zhejiang, China Corresponding author: X.C. Lin E-mail: [email protected] Genet. Mol. Res. 14 (3): 9306-9317 (2015) Received January 21, 2015 Accepted April 8, 2015 Published August 10, 2015 DOI http://dx.doi.org/10.4238/2015.August.10.11 ABSTRACT. TERMINAL FLOWER1 (TFL1) homologous genes play major roles in maintaining vegetative growth and inflorescence meristem characteristics in various plant species; however, to date, the function of the bamboo TFL1 homologous gene has not been described. In this study, a TFL1 homologous gene was isolated from Bambusa oldhamii and designated as BoTFL1-like. Phylogenetic analysis of TFL1 homologous genes revealed that BoTFL1-like shared more than 90% identity with the TFL1 genes of other Gramineae. RT-PCR analysis showed that the expression level of BoTFL1-like in floral buds was almost 3.5 times higher than in vegetative buds. In 35S::BoTFL1- like transgenic Arabidopsis thaliana plants, the time of flowering was significantly delayed by 5 to 9 days, and development of floral buds Genetics and Molecular Research 14 (3): 9306-9317 (2015) ©FUNPEC-RP www.funpecrp.com.br BoTFL1-like gene in bamboo flowering 9307 and sepals was severely affected compared to wild type Arabidopsis plants.
    [Show full text]
  • A Study on the Problems and Countermeasures of the Quality Training of the Employees in the Institutions of Supporting the Disabled in Zhejiang Province
    2020 International Conference on Economics, Education and Social Research (ICEESR 2020) A Study on the Problems and Countermeasures of the Quality Training of the Employees in the Institutions of Supporting the Disabled in Zhejiang Province Lu Yang Department of Special Education and Rehabilitation, Zhejiang Special Education Career Academy, Hangzhou, Zhejiang, China Keywords: Foster care institutions; Quality training; Countermeasure research Abstract: Based on the investigation of the current situation of the quality of the employees in the foster care institutions for the disabled in Zhejiang Province, this paper summarizes the problems existing in the quality training of the employees at present, analyzes the reasons for the problems such as the number of the employees in the foster care institutions is small, the degree of specialization is low, and the lack of special training received, and puts forward the corresponding solutions. Finally, it comes to the conclusion that the management service of the foster care institutions should be improved in order to improve the overall quality of the employees in the care institutions and promote the healthy development of the care for the disabled, we should improve the service level and the care service system, improve the treatment in many aspects, provide diversified training, and make good use of the "one million enrollment expansion" and other methods. 1. Introduction The concept of care for the disabled was first proposed by the China Disabled Persons' Federation at the National Conference on care for the disabled held in Guangzhou in 2007. At this meeting, the disabled people’s Federation of China proposed for the first time that local disabled people’s federations should organize the establishment of disabled people’s care service institutions, mainly for the mentally handicapped and the severely handicapped to provide centralized care services and necessary employment services [1].
    [Show full text]
  • Interim Report 2020 OUR MISSION
    BAOYE GROUP COMPANY LIMITED (A joint stock limited company incorporated in the People’s Republic of China) Stock Code :2355 Interim Report 2020 OUR MISSION “From construction to manufacturing”, leads construction industry towards industrialisation in China. CONTENTS 2 Corporate Profile 4 Corporate Information 5 Financial Highlights Management Discussion and Analysis 9 Results Review 16 Business Prospect 18 Financial Review 22 Corporate Governance 26 Other Information 29 Report on Review of Interim Financial Information Interim Financial Information 30 Interim Condensed Consolidated Balance Sheet 32 Interim Condensed Consolidated Income Statement 33 Interim Condensed Consolidated Statement of Comprehensive Income 34 Interim Condensed Consolidated Statement of Changes in Equity 36 Interim Condensed Consolidated Statement of Cash Flows 37 Notes to the Interim Financial Information 58 Definitions 02 / BAOYE GROUP COMPANY LIMITED CORPORATE PROFILE Business Structure BAOYE GROUP COMPANY LIMITED Construction Property Development Building Materials Business Business Business Government and Public Shaoxing “Baoye Four Curtain Wall Buildings Seasons Garden” Ready-mixed Concrete Urban Facilities and Shaoxing “Daban Green Infrastructure Garden” Furnishings and Interior Decorations Shaoxing “Xialv Project” Commercial Buildings Lishui “Huajie Fengqing” Wooden Products and Residential Buildings Fireproof Materials Shanghai “Baoye Active Hub” Industrial Buildings PC Assembly Plate Wuhan “Xingyu Fu” Electrical and Electronic Mengcheng “Binhu Green Others
    [Show full text]
  • Rural Development and the Spatial Patterns of Population Migration in Zhejiang, China
    agriculture Article Back to the Countryside: Rural Development and the Spatial Patterns of Population Migration in Zhejiang, China Weiming Tong 1,2,* and Kevin Lo 3 1 College of Economics, Zhejiang University of Technology, Hangzhou 310023, China 2 Department of the Built Environment, Eindhoven University of Technology, 5600 MB Eindhoven, The Netherlands 3 Department of Geography, Hong Kong Baptist University, Hong Kong, China; [email protected] * Correspondence: [email protected] Abstract: This study examines how rural development in China shapes new trends in population migration. Using first-hand, village-level data from Zhejiang—an economically developed province in China—we investigated the patterns and influencing factors of population migration between rural and urban areas. We conceptualized three types of migration in rural areas: rural out-migration, rural in-migration, and rural return-migration. First-hand data were collected from 347 villages. The results show that although rural out-migration remains the dominant form of migration, rural in- migration and return-migration are also common, and the latter two are positively correlated. Further, we found evidence to support the conclusion that rural economic, social, and spatial development encourages rural in-migration and return-migration but does not have a significant impact on rural out-migration. Therefore, it is foreseeable that rural in-migration and return-migration will become increasingly common in China. Citation: Tong, W.; Lo, K. Back to the Keywords: rural development; population migration; rural studies; China Countryside: Rural Development and the Spatial Patterns of Population Migration in Zhejiang, China. Agriculture 2021, 11, 788. https:// 1. Introduction doi.org/10.3390/agriculture11080788 The internal population migration in China is a highly active research area in rural geography.
    [Show full text]
  • Detection, Occurrence, and Survey of Rice Stripe and Black-Streaked Dwarf Diseases in Zhejiang Province, China
    Rice Science, 2013, 20(6): 383−390 Copyright © 2012, China National Rice Research Institute Published by Elsevier BV. All rights reserved DOI: 10.1016/S1672-6308(13)60158-4 Detection, Occurrence, and Survey of Rice Stripe and Black- Streaked Dwarf Diseases in Zhejiang Province, China 1 2 1 3 1 ZHANG Heng-mu , WANG Hua-di , YANG Jian , Michael J ADAMS , CHEN Jian-ping (1State Key Laboratory Breeding Base for Zhejiang Sustainable Pest and Disease Control; Key Laboratory of Plant Protection and Biotechnology, Ministry of Agriculture, China; Zhejiang Provincial Key Laboratory of Plant Virology, Institute of Virology and Biotechnology, Zhejiang Academy of Agricultural Sciences, Hangzhou 310021, China; 2Zhejiang Provincial Station of Plant Protection and Quarantine, Hangzhou 310020, China; 3Rothamsted Research, Harpenden, Herts AL5 2JQ, UK) Abstract: The major viral diseases that occur on rice plants in Zhejiang Province, eastern China, are stripe and rice black-streaked dwarf diseases. Rice stripe disease is only caused by rice stripe tenuivirus (RSV), while rice black-streaked dwarf disease can be caused by rice black-streaked dwarf fijivirus (RBSDV) and/or southern rice black-streaked dwarf fijivirus (SRBSDV). Here we review the characterization of these viruses, methods for their detection, and extensive surveys showing their occurrence and spread in the province. Key words: viral diseases; rice stripe tenuivirus; rice black-streaked dwarf fijivirus; southern rice black- streaked dwarf fijivirus; surveys Zhejiang Province, located in eastern China, is known caused more than 50% losses in rice production in as a fertile land of fish and rice, and has a long history some fields (Kuribayashi, 1931; Amano, 1933).
    [Show full text]
  • China Construction Bank Corporation 2013 Annual Report Builds Modern Living
    LIVING BUILDS BUILDS ANNUAL REPORT 2013 REPORT ANNUAL MODERN MODERN CHINA CONSTRUCTION BANK CORPORATION 2013 ANNUAL REPORT BUILDS MODERN LIVING China Construction Bank Corporation, established in October 1954 and headquartered in Beijing, is a leading large-scale joint stock commercial bank in Mainland China with world-renowned reputation. The Bank was listed on Hong Kong Stock Exchange in October 2005 (stock code: 939) and listed on the Shanghai Stock Exchange in September 2007 (stock code: 601939). At the end of 2013, the Bank’s market capitalisation reached US$187.8 billion, ranking 5th among listed banks in the world. With 14,650 branches and sub-branches in Mainland China, the Bank provides services to 3,065,400 corporate customers and 291 million personal customers, and maintains close cooperative relationships with a significant number of high-end customers and leading enterprises of strategic industries in the Chinese economy. The Bank maintains overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Osaka, Seoul, New York, Ho Chi Minh City, Sydney, Melbourne, Taipei and Luxembourg, and owns various subsidiaries, such as CCB Asia, CCB International, CCB London, CCB Russia, CCB Dubai, CCB Europe, CCB Principal Asset Management, CCB Financial Leasing, CCB Trust and CCB Life. The Bank upholds its “customer-centric, market-oriented” business concept, adheres to its development strategy of “integration, multifunction and intensiveness”, and strives to provide customers with premium and all-round modern financial services by accelerating innovation of products, channels and service modes. With a number of core business indicators leading the market, the Bank vigorously promotes the development of emerging businesses including electronic banking, private banking, credit cards, cash management, and pension, while maintaining its traditional businesses advantages in infrastructure and housing finance.
    [Show full text]
  • Correlation Between CDKAL1 Rs10946398c>A Single Nucleotide
    Open Life Sci. 2017; 12: 501–509 Research Article Yunyi Liang, Yi Shu, Haizhao Luo, Riqiu Chen, Zhifu Zeng* Correlation between CDKAL1 rs10946398C>A single nucleotide polymorphism and type 2 diabetes mellitus susceptibility: A meta-analysis https://doi.org/10.1515/biol-2017-0059 showed people with AA or CA genotype had decreased Received September 19, 2017; accepted October 17, 2017 risk of developing T2DM compared to CC genotype (OR=0.83, P<0.05); For a homozygous genetic model (CC Abstract: Objective The purpose of this meta- vs AA), the OR was calculated through random effect analysis was to assess the correlation between CDKAL1 model for statistical heterogeneity among the included rs10946398C>A single nucleotide polymorphism (SNP) 13 studies. The combined OR was 1.33 which indicated and type 2 diabetes mellitus (T2DM) susceptibility by people with CC genotype had increased risk of developing pooling the open published studies. Method Electronic T2DM. Conclusion According to the present results, searching of PubMed, EMBASE, Medline, Cochrane, CDKAL1 rs10946398C>A single nucleotide polymorphism China Biology Medicine disc (CBM) and China National had correlation with the susceptibility of type 2 diabetes Knowledge Infrastructure (CNKI) databases were mellitus. performed by two reviewers independently to collect the open published studies related to CDKAL1 rs10946398C>A Keywords: type 2 diabetes mellitus; CDKAL1 gene; single nucleotide polymorphism and T2DM susceptibility. susceptibility; polymorphism; meta-analysis. The association between CDKAL1 rs10946398C>A single nucleotide polymorphism and T2DM susceptibility was expressed by odds ratio (OR) and the corresponding 95% confidence interval (95%CI). Results Thirteen studies with a total of 13,966 T2DM and 14,274 controls were 1 Introduction finally included for analysis in this meta-analysis.
    [Show full text]
  • Spatial Variation of Regional Sustainable Development and Its Relationship to the Allocation of Science and Technology Resources
    Sustainability 2014, 6, 6400-6417; doi:10.3390/su6096400 OPEN ACCESS sustainability ISSN 2071-1050 www.mdpi.com/journal/sustainability Article Spatial Variation of Regional Sustainable Development and its Relationship to the Allocation of Science and Technology Resources Jian Wu 1,*, Guangdong Wu 2,†, Qing Zhou 3,† and Mi Li 4,† 1 School of Management, Hangzhou Dianzi University, Xiasha, Jianggan District, Hangzhou 310018, China 2 School of Tourism and Urban Management, Jiangxi University of Finance and Economics, Nanchang 330013, China; E-Mail: [email protected] 3 School of Economics and Management, Beijing University of Technology, Beijing 100022, China; E-Mail: [email protected] 4 College of Electro-mechanics Engineering, Jiaxing University, Jiaxing 314000, China; E-Mail: [email protected] † These authors contributed equally to this work. * Author to whom correspondence should be addressed; E-Mail: [email protected]; Tel./Fax: +86-571-8691-9072. Received: 27 May 2014; in revised form: 14 August 2014 / Accepted: 26 August 2014 / Published: 15 September 2014 Abstract: With the increasing of labor salaries, the RMB exchange rate, resource product prices and requirements of environmental protection, inexpensive labor and land are no longer the decisive factor of regional competitiveness. From this perspective, China needs to shift from the extensive development mode to the sustainable development mode. Science and technology resources rational allocation is one of the key issues in sustainable development. Based on the counties (districts) data of Zhejiang Province in China, this paper portrays the spatial variation of regional sustainable development level of this area. This paper finds that counties tend to cluster in groups with the same sustainable development level, and this agglomeration trend has been enforced during the past several years.
    [Show full text]
  • 2020 Annual Results Announcement
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6030) 2020 ANNUAL RESULTS ANNOUNCEMENT The Board of Directors of CITIC Securities Company Limited is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2020. This announcement, containing the full text of the 2020 annual report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to information to accompany preliminary announcement of annual results. The 2020 annual report of the Company and its printed version will be published and delivered to the H Shareholders of the Company and available for view on the HKExnews website of Hong Kong Exchanges and Clearing Limited at http://www.hkexnews.hk and the website of the Company at http://www.citics.com on or before 30 April 2021. 1 IMPORTANT NOTICE The Board and the Supervisory Committee and the Directors, Supervisors and Senior Management of the Company warrant the truthfulness, accuracy and completeness of the contents of this results announcement and that there is no false representation, misleading statement contained herein or material omission from this results announcement, for which they will assume joint and several liabilities.
    [Show full text]
  • BANK of NINGBO CO., LTD. 2020 Annual Report
    BANK OF NINGBO CO., LTD. (Stock Code: 002142) 2020 Annual Report Full Text of 2020 Annual Report of Bank of Ningbo Co., Ltd. Chapter One Important Notes, Content and Interpretation The Board of Directors, Board of Supervisors, directors, supervisors and senior management of the Company ensure the authenticity, accuracy and completeness of contents, and guarantee no frauds, misleading statements or major omissions in this report. They are willing to burden any individual and joint legal responsibilities. The 6th meeting of the 7th Board of Directors of the Company deliberated on and approved the text and abstract of 2020 Annual Report. 13 directors in person out of the total of 13 required directors attended the meeting, and part of supervisors attended as a nonvoting delegates. The Chairman of the Company, Mr. Lu Huayu, the President, Mr. Luo Mengbo, the person in charge of accounting, Mr. Zhuang Lingjun, and the general manager of financial department, Ms. Sun Hongbo hereby declare to guarantee the authenticity, accuracy and completeness of financial statements in the annual report. Financial data and indicators included in this annual report are following the criteria of Chinese Accounting Standard for Business Enterprises. Unless otherwise stated, all data in the consolidated financial statements of Bank of Ningbo Co., Ltd. and its holding subsidiary, Maxwealth Fund Management Co., Ltd., its wholly-owned subsidiaries, Maxwealth Financial Leasing Co., Ltd. and Ningyin Finance Co., Ltd., are subject to the unit of RMB. Ernst & Young Hua Ming LLP audited the 2020 Financial Statements of the Company in accordance with domestic accounting principles and published unqualified opinion.
    [Show full text]