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The company will work with more than 100 vocational schools across the country through the Modern Apprentice school-operating model supported and promoted nationwide by the Ministry of Education.

The company's manufacturing base in China produces and exports glass. More such plants are likely to be set up in South America and elsewhere across the world in the years to come, according to senior company executives.

The company's combined investment in China has surpassed 0 million since 2013 and plans to build a new factory in Nanjing in eastern China.

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The company launched another project with KazMunaiGas in 2012 to further increase the production of gasoline, diesel oil and aviation fuel oil, and also to improve processing of petroleum.

The company, however, decided to step forward and hit the play button, Yu said at its annual developer conference in Dongguan, Guangdong province, last week.

The company posted a net profit of 287.51 million yuan (.36 million) for January-September, up 33.85 percent from one year earlier, it said in a statement to the Shanghai Stock Exchange.

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The company specializes in quantum communication equipment and services or the transfer of sensitive information in a secure environment.

The company will accelerate the launch of many innovative drugs into China by 2025. In addition to diabetes, drugs to introduce will cover more disease areas, including obesity, hemophilia, and other chronic diseases.

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The company launched its shared bikes, an innovative solution to address consumers' short-distance travel demand, in April last year, and now has had daily riders of 20 million people.

The comprehensive solvency ratio of the 178 insurers reviewed by a regulatory meeting stood at 247 percent by the end of Q2, up 1.7 percentage points compared with Q1, according to the China Banking and Insurance Regulatory Commission (CBIRC).