The company is currently making a polar research icebreaker-the first to be built from the keel up by China-at the Jiangnan Shipyard, and the country's first marine resources survey ship at the Huangpu Wenchong Shipbuilding Co in Guangzhou, Guangdong province.
The company will continue to make good use of its advantages across the whole industry chain to better arrange production and supply, strengthen research and development, and enhance information exchanges to contribute more to contain the novel coronavirus outbreak, Liu said.
The company said it will invest 700 million yuan (0.6 million) in its China Growth Program, aiming to inject new momentum into its Chinese business development.
The company's major overseas markets, including the United States, Europe and the Asia-Pacific region, witnessed a component shipment increase on a yearly basis of more than 100 percent, said the Xi'an-based company, which is also the world's largest supplier of monocrystalline silicon.
The company is set to launch more than 100 autonomous taxis next year for pilot operation in Changsha, Hunan province. And it has partnered with Geely-owned Volvo Cars to develop electric cars with full autonomous capabilities for China.
The company was fined 120,000 yuan (,400) by the city's environmental protection bureau and given until the end of May to upgrade its equipment or remain shut down.
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The company initiated the China Marine Equipment Inspection and Testing Alliance, which was launched on Monday. "The alliance aims to integrate different market players including manufacturers, researchers, testers, clients as well as lenders to collaborate in solving major technical problems and improve quality management in the marine equipment sector," said Wang.
The company provides tourism services to several key scenic spots in the region, including top-rated Tianchi Lake of the Tianshan Mountains.
The company's first-half fiscal report said that Sany has gained steady momentum in the past six months. Its net profit topped 1.1 billion yuan, up a staggering 740.9 percent year-on-year. The group's assets had reached 59.52 billion yuan by the end of June.
The company is preparing to start its pre-IPO financing in Q2 2018, and plans to go public in the US within the next year, according to CEO Bar El.