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The company's net profit attributable to its equity holders stood at 41.21 billion yuan (about .81 billion) last year, said its financial report filed to the Shanghai Stock Exchange Tuesday night.

The company is producing three models: the Atlas, based on Geely's Boyue SUV, the Emgrand X7, another SUV of the Chinese carmaker, and the Emgrand 7 sedan.

The company is also making efforts to enhance robotics and STEAM education by organizing competitions.

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The company will announce the next round of financing very soon, said He, who was an executive at Alibaba before founding the carmaker four years ago.

The company still relies on traditional mail to deliver most packages, but Amazon has been experimenting with its own methods, including?bicycle?couriers,?Amazon Fresh delivery trucks, drones and an Uber-like crowdsourced delivery system.

The company will increase investment in projects such as seawater desalination, biofuels, elderly care, quality control and management systems as well as energy efficiency and environmental protection, the chairman said.

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The company said some management personnel had processed returned honey and changed the labeled date of production.

The company plans to raise up to .8 billion. The joint underwriters include Morgan Stanley, Goldman Sachs, J.P. Morgan, Bank of America Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse, UBS Investment Bank and Wolfe Capital Markets and Advisory.

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The company said strong pricing on pickup trucks and crossover SUVs in North America drove results, though the sales drop in China during the quarter hurt the bottom line by about 0 million.

The company was also simultaneously prosecuted for the same charge, the procuratorate added on its website.