The company launched the strategic cooperation between the two countries on Aug 29 at the Sino-New Zealand Animal Husbandry Green Development Forum held in Beijing.
The company may face some competition from Missouri-based startup Orange EV, which exclusively focuses on terminal trucks but does not build them from the ground up, instead retrofitting its electric motors into diesel truck bodies.
The company said its net income attributed to the shareholders exceeded 10 billion yuan (.48 billion) for two consecutive years.
The company, which is listed on the Shenzhen Stock Exchange, established an international design and research and development center in Los Angeles last year.
The company’s inventors are working out other means to get packages to people. For example, today’s list of patent applications from Amazon includes?several amended filings related to a method by which customers can grant remote access to delivery agents who show up at their door while they’re away.
The company is the largest online broker focusing on global Chinese investors in terms of US securities trading volume in 2017, with a market share of approximately 58.4 percent, said its prospectus, citing a report by the industry research firm iResearch.
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The company's shares opened at 95 yuan (.57) when they started trading on the technology-focused STAR Market, up 245 percent from its initial public offering price of 27.46 yuan. SMIC shares closed the day at 82.92 yuan.
The company's capital expenditure reached about 16.90 billion yuan for the first quarter of 2020, up 20.1 percent year-over-year, as a result of the increased workloads.
The company's premium income from property insurance reported an annual growth of 11 percent last year, reaching 388.8 billion yuan, according to Bai Tao, the president of PICC group.
The company's website shows that more than 600,000 electric vehicles have been registered on its car-sharing app.