The completion volume of shipbuilding in China, dropping by 10.6 percent year-on-year to 17.58 million deadweight tons (dwt) in H1, accounted for 37.2 percent of the global market share.
The company's epidemic prevention work has been recognized by Sha Hailin, deputy director of the Standing Committee of Shanghai Municipal People's Congress, who visited its Shanghai campus, according to Scott Zhang, Honeywell China's president.
The concentration pointed to a continued trend of more resources flowing to a small number of leading companies amid an industrial shake-up.
The competition, known as Chinese Bridge, had been scheduled for earlier this year in Russia, but it was postponed to Sunday due to COVID-19.
The company is furthering its mixed ownership reform by strengthening partnerships with private investors.
The company's business is strongly driven by its IP. Pop Mart operates 81 IPs, including 12 proprietary IPs. It also concentrates on its revenue from its iconic IPs.
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The company said last month it had been certified by global family physician organization WONCA for its AI healthcare system, which had accumulated 670 million consultation records. During the pandemic, the system made 1.11 billion consultation records, it said.
The company said in 2019 it will continue to expand overseas to promote the Chinese tea culture in a ready-to-drink mode.
The company said it has prepared to purchase about 10 old domestic aircraft and some foreign aircraft. In the next three to five years, Li said he plans to expand the market in Russia, Japan, South Korea and Western countries.
The company's latest move includes the opening of an AI and internet of things lab in May 2019, the third and largest of its kind in the world. The first batch of 30 clients stand to benefit from turning prototyping into products by leveraging Microsoft's AI and IoT solutions, said Lin Miaojing, project director of the Microsoft AI and IoT lab.