Chen Peifeng News Today

Chinas car industry is making a full comeback from recent COVID-19 disruptions, with output at some major automakers returning to the normal levels and work resumption at auto parts makers, chip manufacturers and others accelerating, after recent epidemic flare-ups in major Chinese cities were tamed.

A growing number of manufacturers in Shanghai have relaunched their operations despite the challenges posed by COVID-19, showing their confidence in the city's economic outlook.

While efforts to contain COVID-19 continue in Shanghai, the city's key industries and enterprises are gradually resuming production to ensure the needs of industrial and supply chains can be met.

SHANGHAI: Several key enterprises have resumed work and production in Shanghai, Science and Technology Daily reported yesterday.

CryptoStar" or the " Company"), a cryptocurrency mining and data centre operator, is pleased to announce that, further to the non-binding letter of intent announced on January 13, 2021, the Company and a Hong Kong based company (the " Vendor") have executed an equipment purchase agreement (the " Definitive Agreement") effective March 7, 2021 to acquire a combination of GPU and ASIC miners in exchange for 7,956,198 units (" Units") of the Company at a deemed value of CAD$1,909,487.52 (the " Tran...