The company said last August it planned to double its Palo Alto staff, which would mean hiring more than 100 researchers and engineers.
The company held its BYD Worldwide Developer Conference in Shenzhen on Wednesday, the first of its kind in the industry. It launched its car app platform D++ at the event.
The completion of the development of digital villages by the middle of this century will advance rural revitalization.
The company said its profit was predicted to surge at a pace ranging from 50.61 percent to 73.43 percent year-on-year.
The company said warmer weather is a peak season for wedding photo shoots. Newlyweds have to wait a while to get their photos taken. A major problem is that schedules in the summer are quite full and it is hard to book a date.
The company, headquartered in Pasadena, uses AI techniques to create personalized artificial intelligence, an avatar secured on the blockchain, which can run on users' smartphones.
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The company said the power has been sent to central and eastern China provinces, including Henan and Anhui.
The company is also looking to better expand its presence in the Chinese market, home to about 1 million new energy cars by the end of 2016.
The company, Kwok said, is going to launch 400 apartments in the Beijing market this year, with the annual sales target reaching 2 billion yuan (7 million).
The company said the distribution deal would make China one of Loch Lomond Group's key export markets. COFCO has an extensive network of 700 retail outlets and more than 1,000 sub-distributors.