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The company mainly counts on the overseas market, but overseas orders had fallen by 50 percent since mid-March, when the company resumed production, and then weakened further, Dai said.

The company, which is China's fourth-largest online residential leasing app, will also use smart technologies and built-in smart furniture in the rooms they are hiring out.

The competition was composed of two parts - knowledge and skills.

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The company's net profits expanded 857.6 percent from one year earlier to 15.4 million yuan (.4 million) in Q1, according to its report to the Shenzhen Stock Exchange.

The company's Chairman Zhu Yanfeng said developing overseas business is an important strategy for the automaker, which aims to become a world-class player.

The company's shares fell by 0.49 percent on Thursday on the Shanghai Stock Exchange.

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The company said then that it would later extend the policy to other topics.

The company will also develop technologies such as environment sensing and automatic safety assessment to further reduce the need for manual operation, according to Mo.

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The company now has 59 new energy projects under construction in the country, including eight offshore wind projects with a total installed capacity exceeding 7.05 million kW, said Zhang Jianzhong, deputy head of the subsidiary firm.

The company said it has seen a positive trend since March. In the first six months of 2020, its total sales hit 329,069 in the country despite the coronavirus pandemic.