The company's premium income increased by 11.9 percent year-on-year to 272.4 billion yuan during the period.
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.
The company manufactured 77,100 vehicles worldwide in the first quarter of this year and delivered 63,000 vehicles to customers.
The company now has wind farm and solar power assets in the UK, France, Belgium, Ireland and the Netherlands after four years of development, and has become the sixth-largest clean energy operator in France and also the energy company with the greatest investment in Ireland, it said.
The company is a rags-to-riches story. It was started by villagers to produce cheap towels shortly after China launched its reform and opening-up drive in 1978.
The company said that District 2020 will become a crucial component of Terminus' global AI City network deployment strategy. Having earned recognition for its substantial expertise and capabilities in the field of building smart cities, the company will develop a smart system that can integrate fire protection, energy and facility management, and smart parking.
移动端关键词排名优化
The company, which is based in Southwest China's Guizhou province, has also set a target of 50.5 billion yuan in net profit this year, up 10 percent compared with last year, according to a conference held by Kweichow Moutai Group.
The comprehensive strategic cooperative relationship sends a positive signal to the world regarding the China-Philippines friendship, Xi said.
The company was expected to suffer an annual loss of 11.605 billion yuan to 11.61 billion yuan in 2017, of which 3.7 billion yuan were operational losses, the report said.
The company reported net income of 4 million, or .00 a share, compared with 6 million, or 1.17 a share, a year earlier.