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The company, based in Foshan, a manufacturing base in the heart of the Pearl River Delta region, along with some 25,000 domestic exporters, is optimistic of higher sales during the biannual China Import and Export Fair. Internationally known as the Canton Fair, the event is long regarded as the barometer of China's trade performance.

The company's revenue increased 6 percent year-on-year to reach .94 billion, marking the best performance in three years.

The company's IPO roadshow will be launched in early September and investments banks responsible for its listing have already sent invitation to investors, people familiar with the matter said, according to a report by thepaper.cn.

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The company reported its net income amounted to 122.3 billion yuan (.9 billion) in the second quarter of the year, an increase of 31.2 percent year-on-year, while its net profits dropped to 478.1 million yuan, down 51.04 percent compared in the same period last year.  

The company's technologies are widely used in Amazon Inc's e-book Kindle, whose battery can power the device for over a month after a single charge.

The company still should pay more attention and spend more money on R&D of products, Zhang added. "Other NEV startups are unveiling models featuring fabulous appearance and internal structure to allure customers. The two models of NEVS are too old to meet the requirements of current customers," Zhang said.

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The company said it had worked out a thorough return-to-work plan that includes online video training for personnel, work-zone partitions, temperature-screening, requirements to wear protective equipment, and cleaning and disinfecting protocols.

The company's comments came after Intel said it had temporarily paused shipments to Inspur to comply with the US government's new export regulations.

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The company will check and replace the defective parts free of charge.

The company will seize the opportunity and introduce major sales promotion carnival to boost auto consumption in May and June, the traditional peak season for auto sales, Cai said.