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The company made the statement during a briefing on preventing COVID-19 and the resumption of work in Guangdong province that local authorities held on Wednesday.

The company is among earlier adopters of the digital wave in China, whose endeavors are best exemplified by the recent setup of a dedicated office with Chinese internet giant Alibaba in Hangzhou. The aim is to customize products based on the predilections of self-expressive Chinese consumer groups using data analysis.

The concept also coincides with the key messages from the report delivered by Xi at the 19th National Congress of the Communist Party of China held in October. The report stressed that openness and innovation are among the keys for China to achieve successful economic transition and sustainable growth.

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The completed results showed former South Bend, Indiana, mayor Pete Buttigieg and Senator Bernie Sanders of Vermont separated by about a 10th of a percentage point in the total of "state delegate equivalents" — the measure state and national officials use to declare the winner and award delegates to the nominating convention to be held July 13-16 in Milwaukee, Wisconsin.

The company is expected to install a pipeline to transport gas from the fields in landlocked Ethiopia up to ports in neighboring Djibouti in two years. Around 700 kilometers of the natural gas pipeline will be located in Ethiopia, while the rest of the natural gas pipeline will be located in Djibouti.

The composite new orders subindex rose at the steepest rate since February 2018 last month, with both manufacturers and services providers recording stronger new order growth, according to the report. Surveyed services providers generally linked the upturn to new product releases and firmer client demand.

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The company said it would send six aircraft on test flights in total and complete more than 1,000 compliance tests. Those aircraft will take test flights in Shanghai, Xi'an in Shaanxi province, Dongying in Shandong province, and Nanchang in Jiangxi province. Two other aircraft will only undergo ground tests, including static and fatigue tests.

The company is also setting foot in the vocational education sector, in the hope of nurturing more talents for the movie and gaming industries.

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The company's revenues grew 60 percent year-on-year in 2017, while sales of its high-end products jumped 200 percent. The company recorded sales of 11.5 billion yuan (.7 billion) in 2018, making it the first domestic company in the industry to reach more than 10 billion yuan in sales.

The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.