The company's statement came in response to an alert warning issued by the US Department of Homeland Security (DHS).
The company said it will upgrade the research and development facility in Bangalore with a focus on creating intelligent and safe vehicles for Indian consumers while continuing to increase investment in local R&D, production, supply and sales, making India a base for exports to neighboring countries.
The company's share price went down 0.21 percent to end at 51.1 yuan on Thursday.
The company's newly opened art gallery will be another step for the company to further enter into the art industry and thereby strengthening its corporate craftsmanship spirit, enlarging its cultural influence and improving the quality of its products, said Ling Zhenwen, CHO of Riverside.
The company said it has received an order for 12 container vessels from Malaysian and German shipowners, two of which will be delivered by the end of this year.
The company on Thursday reported its latest quarterly revenue of .28 billion, 5 percent higher than the same period in 2017. The reading edged out the .6 billion expected in an analyst survey by Refinitiv.
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The company's third generation mobile application, which was launched in May, currently has online oil storage services, and allows oil charges offline, according to Li.
The company, as a leading exporter of protective clothing in Hubei province, received foreign orders worth million from Europe, the United States and Australia, among others, in late March.
The company's jackets often contain down from Hutterite farmers in rural Canada. Some of the coats also have coyote fur trim on the hoods, which some activists oppose because of the use of leg-hold and other traps to obtain it.
The company is still working on the terms of the spinoff proposal, whose offering size, price range and entitlement of Tencent Music Entertainment's securities for the company's shareholders are yet to be finalized.