The company will suspend most of its services between 11 pm and 5 am for a week starting on Saturday, the company said on Tuesday.
The company pays Zhang 3,000 yuan (7) a year for the use of his land, which is much more than he made by farming, and he earns an extra 40 yuan a day doing odd jobs for the company, such as spraying pesticide.
The company will identify the role it can play in helping these partners solve problems, based on its payment security standards.
The company said it expects to use the net proceeds from the proposed offering to enhance and expand its business operations, for research and development, and for general corporate purposes and working capital.
The company's total assets reached approximately 3.04 trillion yuan in the same period, an increase of 5 percent from the end of 2017, the company's statement said. Its embedded value has increased 4.8 percent from the end of 2017, reaching approximately 769.23 billion yuan.
The company said that it plans to carry out a small round of pre-initial public offering financing that will give ByteDance an 80 percent stake in TikTok Global, a newly established company following the proposed deal with US partners Walmart and Oracle.
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The company's 21 nuclear power units generated more than 20 billion kilowatt-hours of electricity since Jan 20, thus helping meet energy output demand amid ongoing work to fight the contagion.
The company launched its shared bikes, an innovative solution to address consumers' short-distance travel demand, in April last year, and now has had daily riders of 20 million people.
The company is participating in a program of the Shenzhen-based HAX Accelerator, which aims to bring prototype to production in the hardware space.
The company offered different numbers of victims from authorities at the scene.