The company will announce the next round of financing very soon, said He, who was an executive at Alibaba before founding the carmaker four years ago.
The compilation of the list is based on a comprehensive airline passenger satisfaction survey which asks passengers to rate every aspect of an airline's products and services, in-flight entertainment and onboard food services as well as other facilities and services.
The company sold 320 million yuan of imported wine last year, Zhu said.
The company said on Tuesday it missed its production target of 6,000 Model 3s by 700 cars in the final week of September and outlined hurdles it faced due to the worsening of President Donald Trump's trade war with China.
The company's poor sales record was attributed mainly to the 737 MAX crisis, after two MAX jets were involved in two fatal crashes in October 2018 and March 2019. The two crashes killed a total of 346 people in Indonesia and Ethiopia.
The company is expanding its R&D operations to focus on vehicle integration and product development.
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The company is now investing in a large new energy bus industrial project in Guangzhou, with an investment of 2.5 billion yuan (.24 million).
The company said it will not grow as rapidly this year as it did in the first half of 2019. "We will have nothing to rely on but the hard work of our people, as well as the ongoing trust and support of our customers and partners," Xu said. "Survival will be our first priority."
The company's announcement came on the same day its subsidiary, China Mobile Logistics, unveiled a major plan to cooperate with leading logistics companies, including SF Express and DHL, to strengthen its business.
The competition, which runs through Tuesday, features 1,355 contenders from 69 countries and regions. This year's competition is expected to be the largest World-Skills competition ever held.