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The company started trading on May 2 under the ticker symbol of "KXIN" after its business combination with CM Seven Star Acquisition Corporation, a Chinese blank check company formed for the purpose of entering into business ties with one or more businesses.

The company said sales on BN.com rose 32 percent, to 0 million, as a result of growth of in Nook device and digital content sales, overcoming a decline in online sales of traditional books and other physical products.

The company noted it would use the IPO proceeds primarily for expanding branch network, upgrading IT infrastructure, as well as seeking more capital through launching additional funds, and making fund investments and acquisitions.

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The company started production in early 2016. It has sold over 60,000 vehicles so far this year.

The company's technology can help food manufacturers and processors comply with increasing food-safety requirements by quickly identifying pathogens rather than acting after a contamination problem or recall has occurred, Byrne said.

The company took in a total of nearly 403.9 billion yuan in transport revenue during the January-June period, a year-on-year decrease of 124.2 billion yuan due to the COVID-19 epidemic, it said, adding that its net loss were 95.5 billion yuan.

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The company said it plans to bring the total number of certified stores to 140 in China by the end of 2019 covering more than 35 cities in the country.

The company is a joint venture between Didi Chuxing and SoftBank Corp.

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The company logo of ChemChina, is seen at its headquarters in Beijing on Feb 3, 2017. [Photo/Agencies]

The company's shares rose 0.5 percent to 1.27 as of Thursday close.