The company's sales on contracts reached 551.3 billion yuan (.5 billion) last year, according to a company statement.
The company predicted the overall market demand to grow in the fourth quarter on a quarterly basis due to strong year-end seasonality and continued recovery in the overall demand.
The company's upcoming smartphone Mi9 Pro 5G will support four types of charging, including wired fast charging, wireless flash charging, wired OTG reverse charging and wireless reverse charging.
The company targets medium-high end consumers with Tujia, Ctrip rental vacation unit and Qunar, while it attracts younger tourists with Mayi.com. Fishtrip and Tujia's international operations will be united to serve Chinese travelers going overseas, particularly in the Southeast Asia region.
The company introduced competitively priced devices with modern technology. It has slowly built its base in the country over the past seven years, and is now reaping the benefits.
The company's CEO and managers of the branches were also fined 10,000 yuan each.
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The company's share price gained 0.55 percent to 12.77 yuan Tuesday.
The comprehensive strategic cooperative relationship sends a positive signal to the world regarding the China-Philippines friendship, Xi said.
The company, which many analysts predict will need to raise funds for its expansion, said it ended its first quarter with .2 billion in cash after paying off a 0 million convertible bond obligation in March.
The competition aims to provide a platform for global ICT talents to compete and communicate, promote high-quality ICT talent development and drive the growth of a robust and sustainable ICT talent ecosystem.