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 company will check the recalled vehicles and replace the parts free of charge.
The company hopes to sell some 15,000 vehicles of all its brands by the end of the year, said Alfonso.
The company said it made a major breakthrough this year by launching its duplex stainless steel products-high-strength steel with lots of chromium-in Europe's high-end materials market.
The company is eager to contribute to the deepening and opening of country's financial market and cooperating closely with local regulators and exchanges to enrich the market, Pu added.
The company struck an agreement with the China National Nuclear Corporation in 2017 to run a trial of its traveling-wave reactor - a safe and efficient source of clean power - in China.
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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 manufactures and markets private, commercial and truck cars, as the most relevant products to the Israeli car market are the electric IEV models.
The company, he said, intends to set up a ,500 scholarship for top five students at the university to further their studies.
The competition invited Chinese language experts worldwide to serve as judges, including Arnaud Arscangul, a sinologist and associate professor of Chinese language at INALCO, a language institute in Paris.