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The company is dedicated to supporting the country's "Healthy China 2030" initiative and promoting Chinese people's health, she stressed.

The company posted a net profit attributable to shareholders of 373.59 million yuan (.8 million) in the first nine months of this year, iFlytek said in an announcement of its financial results for the third quarter on Thursday.

The company is also exploring cooperation with major companies in other fields to increase its competitiveness in the mobility market.

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The company said it attaches huge importance to research and development, innovation and talent training, and actively cooperates with universities on the Chinese mainland to establish laboratories.

The company said 94 percent of the new stores were launched outside of its home market of the United States.

The company's gross margin in Q1 increased by 1.5 percentage points to 51.1 percent compared to 49.6 percent in 2017. Adidas was hereby able to offset significant currency headwinds resulting from the depreciation of the dollar with positive effects from a better pricing and product mix.

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The company said it initially discovered suspicious activity on its network in March 2018 and investigations in early May confirmed that certain personal data had been accessed.

The company is expected to become the first Chinese company to debut on the Frankfurt-based bourse, with plans to list up to 460 million shares on the China Europe International Exchange, according to the company's earlier announcement.

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The company said at a launch event in Zurich in April that it will partner with Swisscom AG, a major telecommunications provider in Switzerland, to bring its first commercially available 5G device to the country.

The competition for car sales in China is heating up with more than one in four potential buyers disqualifying a brand before even visiting its dealers, according to a survey by JD Power released last week.