The company launched its Honor 10 in the United Kingdom in May. The flagship new model, known for an AI-powered dual-lens camera and 3D glass body, comes with a starting price of 399.99 pounds (5), cheaper than the premier phones sold by Apple, Samsung and Huawei in the country.
The company said it plans to use approximately 35 percent of the net proceeds of the offering for expanding its products and service offerings, both domestically and overseas. Other net proceeds will be used for the development of existing products and services, improving its technology infrastructure, marketing and brand promotion and the balance for general purposes.
The company's smart preschool screening robots to date have been used in over 30,000 kindergartens in China.
The company recently said that it would invest 10 billion yuan ($ 1.41 billion) in research and development this year, and expand its R&D staff to over 10,000 people.
The company specializes in research, development and promotion of magnetic bearing technologies.
The company's pre-tax income grew 45 percent compared to the same quarter a year earlier, to 0 million. Net income also increased 20 percent year-on-year to 2 million.
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The comprehensive report, which is largely in line with the 2010 review done by the Obama administration, reaffirms commitments to non-proliferation treaties but emphasizes the need to enhance capabilities to match with Russia, showing supports for US nuclear modernization projects.
The company's Akhal-Teke horse base started importing the breed from Turkmenistan, Kazakhstan and Russia from 2009. The base now is home to 120 of the horses.
The company plans to bring VMware Cloud on AWS, a cloud service offered in collaboration with Amazon.com Inc, to China next year, in a move to accelerate local enterprises' digital transformation process.
The company said it will continue to collaborate with the Chinese government, environmental and community organizations to explore sustainable packaging solutions suitable for China.