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The company hopes to work with more partners to provide logistics support to Chinese companies so they could "go global" through the deployment of global logistics and supply chain networks. It will also seek to help upstream businesses cultivate reliable logistics service ability.

The company's pianos account for 27.27 percent of the global market and for 38.6 percent of the quantity sold in China. Its products are sold in more than 100 countries and regions around the world.

The company, which has raised more than 600 million yuan (.24 million) from HNA Group, inked a deal with the latter's hotel unit in April to cooperate on products and sales channels, in a move to meet consumers' increasingly complex demands for personalized services.

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The complex benefits from deep integration with the adjacent CNOOC refineries. The expansion enables further monetization of advantaged feedstock from nearby CNOOC refineries, responding to the anticipated strong Chinese domestic demand in the long term.

The company will work with local governments and nonprofit organizations to deploy the money over the upcoming years, but it did not explain any details about how the money will be used or apportioned.

The company, trading under the ticker symbol of "DNK," announced its IPO of 9.6 million American depositary shares (ADSs) at a price to the public of .5apiece. The stock closed flat on Friday.

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The company plans to bring some of them to London next year.

The company invested 46.5 billion yuan (.9 billion) on a sixth generation AMOLED production line, which was rolled out in May, at its Chengdu factory. It can turn out 48,000 glass substrate panels per month.

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The company said apparel sales fell 23 percent, footwear revenue dropped 28 percent and accessories dropped 17 percent compared with the same period a year ago.

The compensation mainly includes 400,000 yuan for the family's mental anguish, as well as 360,000 yuan for Yao's medical expenses, nutrition fees, lost work expenses and traffic fees, according to the court.