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The company will build four separate blocks of apartments around the fringes in the city's Angel Meadow park area, the tallest rising to 40 floors.

The company will allocate 100 billion yuan (.5 billion) to facilitate internet infrastructure construction to achieve this in 100 cities by 2020, China Mobile Vice-President Jian Qin said during a news conference in Shanghai last week.

The company said it will provide training intended to limit spread of the coronavirus and follow safety protocols.

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The company is expected to roll out the first iris-recognition embedded smart vehicle late next year, although there's no timetable yet for a similar launch in China.

The company landed another two million square feet of office space in downtown Bellevue with two leases at new properties being developed by Vulcan: 555 Tower and West Main. Vulcan, the real estate company started by the late Microsoft co-founder Paul Allen, is a longtime partner of Amazon that built out its South Lake Union headquarters in Seattle.

The company says in an SEC filing that it will use the proceeds from the debt offering for “general corporate purposes, which may include repayment of debt, repurchases of outstanding shares of common stock, acquisitions, investments, working capital, investments in our subsidiaries and capital expenditures.”

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The company said the cost per fitness pod is around 10,000 yuan to 15,000 yuan, and the company can earn 60 yuan per machine per day. That means it can yield high rates of return, with break-even in six to eight months.

The company, based in East China's Zhejiang province, raked in 92.76 billion yuan (.7 billion) in revenue last year, up 73 percent year on year, while its profit surged 108 percent to 10.63 billion yuan.

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The company said its victory over international leading toymakers did not come from low costs and large quantities, a stereotype of Chinese toymakers.

The company said it reserves the right to sue the discounter for selling fake products.