The company's net profit dropped 23.8 percent to 2.79 billion yuan (9.46 million) during the first nine months of the year.
The company hit a new record last year, with total global sales jumping 51 percent year-on-year to 5,750 cars. China - Lamborghini's fifth largest market - saw an increase of 29 percent to 342 units in 2018.
The company will focus on creating a series of famous brands and expand the scale of imported products to meet Chinese consumers' demand for high-quality and customized food.
The company started its global expansion in 2018 in Southeast Asia, setting up a subsidiary in Singapore. Since then, it has expanded into Indonesia, the Philippines, Thailand and other countries in the region.
The completed projects included more than 3,000 service centers across China for harvested grains and more than 400,000 grain storage facilities. The service centers provided services for farmers ranging from grain cleaning, drying, storage and processing to sales, and had played an increasingly important role in improving the quality of grains sold on the market and reducing losses during storage and distribution, Chao said. And that helped farmers increase their incomes.
The company will develop more high-end NEVs for Chinese customers in the future, said Liu Yigong, general manager of FAW-Volkswagen.
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The company said in a statement released on Thursday that crude production last year rose by 2.1 percent year-on-year to 909 million barrels, with gas volume available for sale reaching 3.91 trillion cubic feet, up 8.3 percent year-on-year.
The company said no confirmed cases have been detected at the bottling units of its Pepsi Cola and production is continuing. At the same time, the company reiterated that its snacks are safe as the possibility of survival of viruses during its snack processing under ultrahigh temperature and the ensuing supply chain is close to zero.
The company's pathogen detection platform allows agricultural water, food and environmental samples to be tested on-site in about 90 minutes. The conventional testing, which requires sending tests to a lab, usually takes a few days for results.
The company's team has not only absorbed licensed technologies from Qualcomm, but also worked out the customized encryption algorithm according to China's security standards, Wang added.