The company sold more than 380,000 vehicles in 2016, a year-on-year increase of 96 percent. It has achieved a more than 80 percent average compound annual growth rate for six consecutive years, from 2011 to 2016.
The company said it expects to use the net proceeds from the proposed offering to enhance and expand its business operations, for research and development, and for general corporate purposes and working capital.
The company's R&D of 5G chips starts from 12 nanometer technology and plans to leverage a more advanced 7 nanometer technology for mass production. Nanometer technology refers to a technical standard used in chip device fabrication.
The company is?leaning on the U.S. Postal Service to speed up delivery,?adding Sunday delivery to 25 percent of the U.S. population. It also entered a pilot program with the postal service to test grocery delivery. In New York, it rolled out its own fleet of drivers for the delivery of food and other products that are stored nearby, like it has in Seattle, San Francisco and Los Angeles. Farther out on the horizon, Amazon has more experimental programs focused on drones, and it may soon be dabbling in physical retail stores (at least for the holidays).
The company's shares fell 1.72 percent to 14.89 yuan apiece Friday.
The company's leadership has been through a series of changes over the past 10 years. First the other co-founder Wu Hong died in 2009. Su Mang, president of the group since 2014, resigned in 2018 due her mother's illness. Right now, there are many speculations in the air, but the name of Liu's successor hasn't been announced.
南京搜索引擎优化排名公司
The compound annual growth rate of the industry will be around 20 to 25 percent, among the fastest rates around the world, it said.
The company said that the patent is one of its core competences and key intellectual property in the field of human-computer interaction and artificial intelligence in the country.
The company's DuerOS voice assistant continued to experience strong momentum with the installed base surpassing 400 million devices by the end of June, up 4.5-fold year-on-year.
The company said it will establish a global platform for investment banking, trading and execution and investment services centering on New York, London, Singapore and Hong Kong.