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Maravai Life Sciences announces cost reduction plan.

13/08/2025

Maravai Life Sciences announced on Tuesday a cost reduction plan with an annualized target of $50 million, aiming to achieve positive EBITDA by 2026. The company specifically emphasized its bioprocess safety testing and nucleic acid production business segments.

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Silicon Industry Branch: This week, the overall transaction average price of polysilicon has slightly increased, and costs have supported price formation.

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Tenda Technology: Net profit in the first half of 2025 was 39,328,300 yuan, a year-on-year decrease of 1.57%.

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Reuters Reporter: The government of Nauru has issued a statement announcing a $1 billion Australian dollar social and economic development project agreement with a Chinese company. The chairman of the company has signed an initial investment project intention with the Nauru Foreign Minister. Can the Foreign Ministry confirm this? What is their opinion on this cooperation project? Lin Jian: I do not have specific information on the situation you mentioned. For overseas investment projects by Chinese companies, I suggest you inquire with the relevant Chinese authorities.

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Anlu Technology: The National Integrated Circuit Industry Investment Fund and others plan to collectively reduce their shareholding by no more than 3.25%.

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