The company reported .5 billion in revenue in the quarter ending in September, marking its ninth consecutive year-on-year quarter of growth. And its net income increased 20 percent year-on-year to 2 million.
The company operates the majority of Beijing's public bus service. As of the end of 2016, it operated 29,515 vehicles on 1,020 routes.
The company said that thanks to the Belt and Road Initiative, the plant - located at Tuas in the south western tip of Singapore - has been actively supplying China's aerospace, ocean shipping and heavy machinery businesses abroad, providing these sectors with lubricant and other chemicals support.
The company was fined 120,000 yuan (,400) by the city's environmental protection bureau and given until the end of May to upgrade its equipment or remain shut down.
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The company will replace faulty parts free of charge.
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The company is now investing in a large new energy bus industrial project in Guangzhou, with an investment of 2.5 billion yuan (.24 million).
The company’s latest brick-and-mortar location?will be in Chicago, reported The Chicago Tribune.
The company is also planning to set up a large, high-end hospital in the city of Qingdao in Shandong.
The company launched construction of its first-ever smart integrated manufacturing industrial park in India in December, which is scheduled to commence production in the fourth quarter of this year.