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The company said its new categories now account for more than 60 percent of the overall business, compared to just 20 percent five years ago.

The company will continue to focus on investing in innovative technologies and product developments, Deng told China Daily.

The company's controlling company is Nasdaq-listed YY, a leading domestic live streaming social media platform. Huya sealed deals for strategic financing from Tencent in early March.

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The company said it will adjust the price in accordance with passenger flow volume.

The company said Monday that it would moderately shrink the production capacity of middle-and-low-end liquor, enhance sales promotion and promote the integration of its liquor businesses.

The company signed contracts worth 25.04 billion yuan (.97 billion) with clients from both domestic and overseas markets in 2017. Its profit was 1.27 billion yuan, thanks to its diversified product categories, expanded sales channels and go-global strategy.

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The company seems to be taking the same playbook to China, where the Fire will cost 499 Yuan, which is about . The company is touting it as not just a way to read or peruse the Internet, but also learn English with a wide selection of Kindle books available in both languages.

The company said its representatives met with Rui Pedro Oliveira, a Portuguese citizen who accused Huawei of stealing his smartphone-camera patents, in 2014 at his request, but the company did not use his design in smartphone cameras.

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The company took steps to better ensure passenger safety, such as making it easier for them to contact police en route and the introduction of audio and video recording functions during rides.

The company will retain a majority shareholding in Sinopec Marketing upon completion of the overseas listing.