The company's mobile subscribers reached 303 million last year, a net increase of 53 million. The number of 4G subscribers hit 242 million, a net increase of 60.4 million.
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 sold 508,600 vehicles in 2017, a growth rate of 37 percent year-on-year. In the first two months of 2018, GAC Motor sold 95,136 cars, a 20.3 percent rise from the same period last year.
The company's valuation now stands at 752 billion yuan. Earlier, it became the first consumer stock with a market value exceeding 1 trillion yuan.
The complex is equipped with "next generation technologies" to ensure the highest levels of availability, maintainability, resilience and seamless business continuity to support DXB's growing and complex operation, added WAM.
The complaint was filed by South Korea on Feb 14, challenging anti-dumping duties of up to 60.81 percent that the US imposed on South Korean steel products and transformers in May 2016.
深圳松岗苹果售后地址
The company's move comes close on the heels of its main competitor Meiling's decision to set up a washing machine plant in Hefei with an annual capacity of 2 million units. Both the units will be in the Hefei Economic and Technological Development Area (HETDA), which also has home appliance plants of Midea and Gree.
The company will complete mixed ownership reform by the end of this year, according to an earlier report. At that time, the wholly State-owned machinery giant will be transformed into a diversified firm that is dominated by State-owned capital and engaged with private investment, the report said.
The company is one of a growing number of players to march into the burgeoning smart vehicle market, motivated by favorable government policies and local consumers' growing demand.
The company launched a floor mopper tailor-made for the Chinese market in 2016, and established a commercial team at its Shanghai office to directly manage sales, marketing and after-sales services so it can be more responsive to the local market.