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The company signed a deal with the BDS Precise Service System on Monday to expand cooperation in building smart cities. The BDS Precise Service System was built by the Global Navigation Satellite System and the Location-based Services Association of China to promote the application of BeiDou in diverse sectors including the supply of electric power, water and intelligent transportation.

The company said five weeks ago, more than 15,000 taxi drivers and over 15,000 other drivers chose to join the application, who would be able to start generating income independently and safely Tuesday.

The company intends to connect English and Chinese native speakers, providing 1-to-1 experiential learning opportunities for both sides.

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The company will be wholly controlled by Ant Financial and led by Hu Xiaoming, CEO of Ant.

The company is driven by a pressing need that if Washington continues to ban the use of Google's Android operating system in its overseas smartphones, Huawei has to bank on HarmonyOS for a replacement.

The company, headquartered in Pasadena, uses AI techniques to create personalized artificial intelligence, an avatar secured on the blockchain, which can run on users' smartphones.

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The company launched a new A8L model on Chinese market the same day.

The company, which is the second-largest helicopter manufacturer in the Chinese market, is expected to sustain its sales with double-digit growth during the next five years in China, he said.

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The competition in China's robot vacuum cleaning sector has intensified as consumer robotics companies and household appliances makers are cashing in on the lucrative business due to the fast changing demand from Chinese consumers for high-end products and given the low penetration rate of smart home appliance products.

The company's products are well known and highly appreciated in Sofia, after in 2016, a batch of 110 Yutong diesel buses was introduced to the Bulgarian capital city's public transport system.