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The company said it would invest another 31.9 billion yuan (.6 billion) in the 2019-20 period to strengthen pollution prevention and boost low carbon transformation.

The company said money raised through the transaction will be invested in several photovoltaic and wind power projects in Qinghai province with capacity totaling 4.05 million kilowatts, which is close to new clean energy capacity the subsidiary had in the past 10 years.

The company's 5G base stations is expected to grow to about 500,000 by the end of this year, according to Hu Houkun, deputy chairman of the company's board of directors.

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The company logo of China's Sinopec Corp is displayed at a news conference in Hong Kong, March 26, 2018. [Photo/VCG]

The company said with China's fast 5G development and Ford's own rapid progress in C-V2X, customers in China will be the first to receive the benefits of this smart technology, which will help make local streets safer and less congested.

The company said it would take steps to integrate online and offline real estate businesses by creating a one-stop service platform that would integrate its capacities in marketing, services and the supply chain.

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The company said it will not relaunch a search for a second corporate headquarters to complement its existing office in Seattle: "We will proceed as planned in Northern Virginia and Nashville (Tennessee), and we will continue to hire and grow across our 17 corporate offices and tech hubs in the US and Canada."

The company said customers were able to buy more than 800,000 imported goods from 83 countries, including discounted clothes, shoes, bags, cosmetics, fine jewelry and health care products without leaving the house. It took five days on average for Chinese shoppers to get their purchases delivered.

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The company is banking on this peach variant to prove a hit, since Chile produces its best fruit during the austral summer of the Southern Hemisphere, when China is in the depths of winter. Some 3 million boxes of the fruit will begin to leave for China this month.

The company said that the construction, with a total investment of 3.56 billion yuan (8 million), will be completed in May 2020.