The company was spun off from the university's Center for Public Safety Research. It provides public safety and security technologies, and emergency management solutions to governments and agencies. It listed on a stock exchange in 2016.
The company's expanded footprint in the global cloud computing arena seems to be a good example. Huawei will soon build cloud computing nodes or availability zones in Brazil and Chile, Zheng Yelai, president of Huawei's cloud business, said in late March.
The company opened five retail centers in a few Chinese cities in May, with eight more expected to open in the third quarter, which has raised demand on cash flow as well.
The company removed 20.2 billion malicious webpages last year, according to its 2017 information security report.
The company set its target for contracted sales in 2018 at 550 billion yuan, up about 10 percent year-on-year.
The company was ranked 174th with 87 billion yuan in revenue last year in the latest Top 500 Chinese Enterprises list, unveiled on Sunday by China Enterprise Confederation and China Enterprise Directors Association.
优化搜索排名
The company limited preorders of the first batch of Nio ES8 to 10,000 vehicles. About 8,000 vehicles were preordered through its website, according to sources familiar with the matter.
The company said it had completed 55 percent of the construction work conducted by TBM for Heyan Road Yangtze River Express in Nanjing, Jiangsu province, by last week. The project is expected to be operational in the first half of 2021.
The company said the forecast was based on its property sales during the period.
The company likes to describes itself as the “Lego box” for APIs, allowing developers to search its directory to find appropriate apps for specific projects. (Say for e-commerce, games and much more). It currently has 190 APIs available for browsing and researcy.