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The company exports its products to over 20 countries in the Middle East and North Africa, including Saudi Arabia, Iraq, Kuwait, the United Arab Emirates and Egypt. In 2017, its sales hit nearly 160 million yuan ( million). "I'm proud that products made in China are going global, and we are making products for the whole world," Tian said.

The company did not immediately go into details about what had caused the problem that hit Facebook, Instagram, WhatsApp and Messenger but insisted it was not a cyberattack. NBC said on Thursday a Facebook source had blamed a “database overload”.

The comment came after US President Donald Trump said in a tweet Sunday that the two sides are working together to give ZTE "a way to get back into business, fast," and the US Commerce Department has been instructed to work on the issue.

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The company has also diversified its business to cover a range of other areas, including energy, chemical and food equipment, logistics services and airport facilities, with its products being sold in more than 120 countries and regions. The operating revenue of the company reached 85.8 billion yuan (.5 billion) last year.

The company has also invested in flexible AMOLED or active matrix/organic light-emitting diode technology display panels, which are used for high-end mobile phones and wearable devices.

The company attributed the surging profit to solid growth in primary business, reduced marketing costs, and a lower base in the previous year.

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The committee also highlighted five areas for capital market reforms, including enhancing the quality of listed firms, strengthening information disclosure, reducing administrative intervention in market transactions, fostering medium and long-term investors, and achieving better communication between regulators and investors.

The company has an 80 percent domestic market share in the field of large-scale and high-speed stamping lines and 30 percent share of overseas markets.

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The comments came after US Secretary of Defense Mark Esper indicated the deployment of US mid-range missiles in Asia during his trip to Australia over the weekend.

The cola, which is comparable to Pepsi’s Mountain Dew, went on sale this morning on Amazon.com, to the surprise of its strong cult following. The 12-packs of 16 oz cans cost each (free shipping with Amazon Prime), and?sold out in about an hour. Later, Surge?could be found on eBay, where it was?selling for much more.