The company's expansion plan was a move in accordance with a strategy of its parent company, which aims to promote the use of robotics in industrial and smart home appliances.
The company will continue to balance the development of research, marketing and management systems, with a goal to consolidate its position as the industry leader, Zeng said.
The company's revenue increased 6 percent year-on-year to reach .94 billion, marking the best performance in three years.
The company's first-half operating revenue increased by 32.56 percent year-on-year and total profit was 42.7 million yuan (.25 million).
The company is developing an "online celebrity" project to invite models and salespersons to promote its products online, with the latest designs highlighted, which he said will number 300 to 1,000 new types each year.
The company signed a partnership contract with the Kenya PET Recycling Company (PETCO), a voluntary and independent not-for-profit organization established to regulate the management of post-consumer PET packaging in the country.
成都血管畸形如何冶疗
The company provides high-quality services for Chinese businesses entering the African market and for African companies expanding their business globally.
The company said 5G is one of its core businesses and it has pursued innovation in 5G technology research. [Photo/IC]
The company plans to list the IPO on the New York Stock Exchange or Nasdaq Global Market under the symbol OCFT.
The company said the pipeline, which has annual installed transportation capacity of 6 billion cubic meters of gas, will help ensure diversification of the nation's gas supplies.