The company said both its accommodation reservation business and transportation ticketing business delivered healthy growth in Q2.
The comprehensive plan changes the previous way of drafting separate planning for the development of different infrastructure and public facilities in urban areas. This will make it easier to coordinate different government departments and get rid of the "urban diseases", including traffic congestion, black and odorous bodies of water, garbage dumps in the suburbs and waterlogging, Zhang said at a news conference on Thursday.
The company's net profit attributable to its equity holders reached 35.2 billion yuan (.2 billion) last year, thanks to supply-side improvements, according to its financial report filed to the Shanghai Stock Exchange.
The company said the performance has been driven by improving trends in away-from-home channels, which make up about half of its revenue, along with sustained, elevated sales in at-home channels.
The company said the platform will offer solutions for renewable energy distribution, make an effective use of new energy's power generation capacity in Qinghai, and may bring in over 2.35 billion yuan (4.7 million) in profit to the province.
The company plans to list on the New York Stock Exchange under the ticker symbol "MNSO", with major outside shareholders HH SPR-XIV Holdings Limited and Tencent Holding Ltd, which own 5.4 percent of stock share each.
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The company is asking the city to vacate an alley that divides the property, allowing for the construction of one 24-story tower, one seven-story tower and a single story building on the property bounded by?Seventh and Eighth avenues, and Bell and Blanchard streets, with more than 835,000 square feet. Under an alternative plan, if the city doesn’t allow the alley to be vacated, the company would develop the property with about 777,000 square feet of space.
The company officially unveiled eight liquor and tobacco duty-free stores spanning 3,400 square meters at Hong Kong International Airport on Thursday, in a joint venture with French travel retailer Lagardere Services under a new brand of Duty Zero by CDF.
The company said it is logging out all Quora users who may have been affected to prevent further damage.
The company's project, the Future Technological Smart Center in Nanjing, aims to gather a wide range of domestic and foreign partners around artificial intelligence, internet of things, 5G, cloud computing and other technological innovations to explore what future cities will look like.