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CRI worked as an Industry Consultant in the listing of Wah Fu Education Group Ltd (NASDQ: WAFU). Wah Fu Education Group Ltd. provides online exam preparation services and related technology solutions and also produce online training course materials in China and have been in operation for nearly 17 years.
Along with the economic growth, China’s total energy consumption increased from 2,795.3 million tonnes of oil equivalent in 2012 to 3,056.2 million tonnes of oil equivalent in 2016, representing a CAGR of 2.3%.
The transportation volume of cargo throughput at ports in China has increased from 3,789.5 million tonnes in 2010 to 6,657.2 million tonnes in 2017, representing a CAGR of 8.4%.
As China’s consumer finance market moves online, online consumer finance service providers, including licensed consumer financial companies, e-commerce driven installment platforms and independent online consumer finance companies, have emerged in recent years to fulfill the fast growing and unmet consumption demand.
Considering system monitoring and control, safety, ADAS, convenience and the growth of autonomous driving, in 2018, the IC market is expected to grow at a rate of 18.5%.
In Mar. 2018, the US import volume of tires reached 19.02 million, decreasing by 8.9% over the previous year and increasing by 2.7% over the previous month.
By the end of 2017, the gap in renewable energy subsidy had reached CNY 100 billion.
As a significant segment of photoelectron packaging, the market size by revenue of LED packaging were approximately RMB114.6 billion in 2017, accounting for approximately 77.7% of the photoelectron packaging market.
China has eight main wine grape-producing regions, namely, Xinjiang, Wuwei in Gansu province, Changli in Hebei province, Northeast China, Jiaodong peninsula in Shandong province, Qingxu in Shanxi province, Helan Mountain in Ningxia and Southwest China.
In 2017, the production volume of polysilicon was 242,000 tons, increasing by 24.7% YOY; the wafer production reached 87 GW, going up by 34.3% YOY;
In 2017, the output of electrolytic aluminum in China was 14.8 times of that in 2000, with the CAGR up to 17.2%.
The rise of mobile Internet, cloud computing, big data and internet of things have made China one of the world's most important chip markets. In 2017, the sales value of the IC industry reached CNY 541.13 billion, increasing by 24.8% YOY.