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The company will maintain high standards of service quality to ensure reliable support for foreign capital entering the Chinese market as well, Shi said.

The company’s previous guidance for this quarter predicted net sales between .1 billion and .8 billion, and an?operating loss between 5 million and million.

The company now has three flagship stores in China, with one outlet recently opened in Wangfujing Street in Beijing, in addition to 60 Lego-certified stores in 18 cities in the country.

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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's smart agriculture system can provide smallholders and farm owners with meticulous production management solutions from seeding, fertilizing, crop protection to harvest, Gong said.

The company, also known as ZMJ, said it had decided to expand into automobile parts, with lofty ambitions to be a major player in the sector.

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The company is now aiming to reach out to more cities and is planning to introduce its boxes to Tianjin later this year.

The company’s previous guidance for this quarter predicted net sales between .1 billion and .8 billion, and an?operating loss between 5 million and million.

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The company, Aviation Security Co (Avseco), is a nonprofit private organization jointly owned by the Hong Kong government and the Hong Kong Airport Authority - the statutory body responsible for the operations of the airport.

The company is now feeling the pinch of competition from other Chinese leading brands like Oppo, Xiaomi and other less-known Chinese smartphone brands, Chowdhury added.