The company’s new Amazon Wine portal offers bottles from wineries around the country. Those wineries will ship directly to customers in twelve states at launch.
The company is strategically well positioned within the Belt and Road Initiative and helps bridge the infrastructure gap across Asia, Africa and Latin America, the chairman said.
The company that impressed her most was Sinogene, the first biotech outfit in China to provide such a service. It cloned a gene-edited beagle in May 2017, and later launched a commercial cloning business.
The company's net profit attributable to shareholders decreased by 12.66 percent year-on-year to about 3.39 billion yuan.
The completed turnover of foreign contracted projects in B&R countries hit billion, accounting for 57.9 percent of the country's total, the spokesperson added
The company, which produces a wide range of condiments including soy sauce, oyster sauce, vinegar, chicken essence, monosodium glutamate and cooking wine, said its revenue rose by 14.12 percent on a yearly basis during the first half to 11.6 billion yuan. Net profit rose by 18.27 percent to 3.2 billion yuan during the same period.
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The company said it has a large number of young and middle-aged users, and its younger group of users is expanding. It said its number of Chinese users increased to tens of millions last year, creating a total of more than 1 billion notes.
The company's revenues rose 22.79 percent year-on-year to 130.06 billion yuan, it said. BYD sold 247,811 new energy vehicles in 2018, a rise of over 90 percent from 2017.
The company's European expansion comes at a time when many other Chinese telecommunications companies are also expanding into the United Kingdom.
The company saw power generated by clean energy-including hydro, wind and solar-reach 151.19 billion kilowatt-hours during the first half, with the hydropower utilization ratio reaching 99.8 percent and the overall renewable energy utilization ratio reaching 99.87 percent, it said.