The company will continue to develop its existing business in China, but make innovation hubs "a main focus", he said.
The company is also promoting hotel packages-including five-star and boutique establishments-along with tickets to scenic spots, at a discount of 20 percent to 40 percent.
The company plans to step up the pace of its technological innovation, not only in traditional fields such as printers and projection equipment, but also by expanding its robotics and wearable devices output.
The company started commercial test operations on US highways in August, and it has so far completed more than 13,000 hours of real and simulated road tests.
The company, Jiangsu Tianjiayi Chemical Company, stored dangerous chemical waste illegally in its warehouse for a long time and that caused the blast, said the administration.
The company said it had reached an agreement earlier this month to keep the company solvent through 2021.
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The company will seize market opportunities for the global deployment of satellites, increase investment in research and development, and foster talent to increase its commercial launch capabilities.
The company sees growth opportunities from home appliances, cold chain, and pharmaceuticals industries in China. It signed a memorandum of strategic cooperation with Chinese home appliance giant Hisense Group to collaborate on building an integrated logistics ecosystem and help build the country's leading internet logistics network platform.
The company's gross assets reached over 300 billion yuan (.2 billion) last year, up about 38 percent year-on-year. Net assets that belong to shareholders of the parent company grew 1.57 percent to surpass 31.6 billion yuan, data from Bohai Capital showed.
The company's first 5G smartphone will be launched in the first three months of 2019, he added.