The company hires more than 200 farmers, 15 of whom are from impoverished backgrounds, on a part-time basis. It teaches them how to plant, fertilize and prune the fruit and also how to pack it correctly for transportation.
The company, since its founding in 2016, quickly gained attention from consumers, with a presence in 53,286 convenience stores across China and the support of 131,375 offline retailers while expanding to more than 11 overseas markets.
The company's net profit attributable to its equity holders reached 35.2 billion yuan (.2 billion) last year, thanks to supply-side improvements, according to its financial report filed to the Shanghai Stock Exchange.
The company's Zhangbei flexible direct current power grid was also recently put into operation, which will supply Beijing with cleaner electricity generated by renewable energy while making Beijing 2022 the first Winter Olympic Games in history to exclusively use green energy resources.
The company realized sales of more than 7 billion yuan last year and plans to get publicly listed on the Shenzhen Stock Exchange later this month.
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.
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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, a subaffiliate of HNA Group, the conglomerate headquartered in Haikou, Hainan province, said that with few commercial flights available, some passengers who normally take first-class seats on commercial flights have turned to chartered business flights. That gives them more flexibility and privacy and less contact with other passengers.
The company’s aggressive growth strategy and increasing efforts to influence policy are getting attention from big names in politics, particularly progressives vying for the White House in 2020. Last year, Sen. Bernie Sanders shined a spotlight on working conditions in Amazon’s warehouses, eventually compelling the company to raise its minimum wage to an hour. And last week, Sen. Elizabeth Warren unveiled a plan to break up big tech companies, like Amazon, that would dramatically impact the company’s business.
The company started to run intelligent production lines in March 2018, which have improved the company's productivity by more than 30 percent and reduced costs by more than 25 percent, said a corporate source.