The company's interim financial report said the company gained 2.82 billion yuan (4 million) in revenue in the first half of this year, representing a year-on-year growth of 5.6 percent. Revenue from its education business hit 1.14 million yuan, having soared 40.3 percent year-on-year.
The company's system, now being tested in five northwestern provinces, encrypts a recipient's name, address and phone number on a parcel and only allows express delivery drivers to access the information through a specially designed app.
The company posted a 42 percent surge in net profit in the first half of this year to 268.57 million yuan (.4 million), beating market estimates with a better-than-expected performance. Total revenue reached 4.71 billion yuan, a 17.9 percent rise year-on-year.
The company participated in the first China International Import Expo (CIIE) in Shanghai in November and plans to do so again this year.
The company, for instance, is going to launch its top-end luxury project "Loong Palace" in Beijing,as one of its latest efforts in exploring the region.
The company is already doing this in many ways, and in recent months has announced additional expansions in places like Boston, Vancouver and Pittsburgh. That would leave a lot of cities wanting, and could be a bitter pill for some to swallow. But, if there’s anything we’ve learned in covering Amazon and Bezos over the years here in Seattle: They are unpredictable and willing to be misunderstood.
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The company, also known as COMAC, expects to conduct more test flights of the C919 by the end of the year, according to Wu Yue, an assistant to the general manager of COMAC. By 2020, it plans to put six C919 aircraft on the market.
The company was set up to develop the Irkol and Semizbai uranium deposits.
The completed part is the first phase of the plant, which has an annual production capacity of 200,000 units, with a total investment of 4.7 billion yuan (1.4 million), and covering 470,000 square meters, according to the automaker.
The company said its operating revenue for 2017 could surpass 6 billion yuan (9 million).