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The company said ride volume is increasing after plunging in mid-April amid the coronavirus lockdown, but bookings nevertheless declined five percent from a year ago.

The company secured water treatment deals in nearly 200 more Chinese cities in H1 via a new public-private partnership financing model, on top of its existing presence in major regional markets, including Beijing, Yunnan and Zhejiang.

The company’s regional president in the Seattle office, Paul Peterman, led advertising and technology business initiatives for Facebook out of the social network’s Seattle office, before joining Compass earlier this year. He said he was drawn to the new role by the opportunity to disrupt another established industry with new technology.

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The company raked in 109.29 billion yuan of premium revenue in 2017, according to a statement the insurer filed with Shanghai Stock Exchange.

The comprehensive cross-border e-commerce pilot zones set up in 13 cities by the State Council in 2015 have since made notable progress, with cross-border e-commerce turnover doubling two years in a row. Some of their practices in customs clearance and logistics facilitation have been replicated nationwide and have helped boost entrepreneurship, innovation and industrial upgrading.

The company inked a cooperation deal with Medlinker, an online healthcare startup, which works with more than 500,000 doctors and Shenzhen-based BGI, China's top gene-sequencing provider, as well as Senyint and Yuwell in remote diagnosis and intelligent hardware related to healthcare.

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The company said its database, GaussDB, is the world's first AI-native database and it can boost the overall performance by over 60 percent compared with traditional products in the same field. It can work on both private and public cloud platforms to offer data services in sectors like finance, automobiles and logistics.

The company will open four to five stores annually over the next three years in the country. It has 50 stores across the country.

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The company recently completed reconstructing several sections of the Jinhai Road ahead of schedule. Jinhai Road is a 26-kilometer main road across Hohhot, the Inner Mongolia autonomous region.

The company's fiscal results showed its accounts receivable and long-term receivables reached 10.8 billion yuan, accounting for 66.9 percent of its total assets.