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The company's shares, which have more than quadrupled this year on hopes of its vaccine working, surged another 18% to .77 early trading.

The company needs to get approval from both the China Securities Regulatory Commission and the German Federal Financial Supervisory Authority before it makes its D-shares listing.

The company is one of the foreign suppliers working with Comac on the C919, China's first home-built wide-bodied passenger aircraft.

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The company launched a customized service of ordering its H5 and L5 models in 2018 when it also saw the number of dealership stores topping 100 across China in its drive to expand its sales network.

The company, located in Chinese aluminum hub Longkou county, boasts an annual capacity of about 100,000 tons of high-end aluminum alloy plates and 250,000 tons of advanced aluminum coils and sheets.

The company opened a new science research center in Shanghai earlier this month, demonstrating its continued confidence in the Chinese market.

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The company's sales ranked first among the world's top battery producers in 2017, according to an analysis conducted by Shenzhen Gaogong Industry Research Co. So far, the company has set up branches in France, the United States, Canada and Japan.

The company's total revenue for the second quarter reached 26.3 billion yuan (.84 billion), rising 1 percent year over year, Baidu said in a statement. Data from Refinitiv showed analysts on average had expected revenue of 25.8 billion yuan.

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The company is implementing cooperation agreements it had signed with local governments in Africa and Southeast Asia in the fields of electronic passports and digital ID cards, and aims to serve more than 400 million people around the world.

The completion of the Luang Prabang Mekong River Super Major Bridge, one of the two cross-Mekong bridges along the China-Laos Railway, indicates that the railway project construction has made major progress in the 2019 civil engineering schedule.