The comparatively high reading was driven mainly by food prices, which increased by 10 percent year-on-year last month, up from 9.1 percent in July, while nonfood prices rose by 1.1 percent, 0.2 percentage points lower than in July.
The company set a goal to sell 350,000 vehicles in 2020 and 430,000 vehicles in 2023. The number is expected to hit 500,000 in 2025.
The company made its public debut at the Shenzhen Stock Exchange on Friday. The stock surged 9.98 percent to its daily limit high during Monday trading and closed at 23.25 yuan (.38) per share. Its market value stood at 932 million yuan.
The company said the profit surge was boosted by the World Cup sponsorship as Desports, its subsidiary, has won the rights to become an Asian sponsor of the 2018 FIFA World Cup.
The company will accelerate ORIN1001 development in the near future and reach the global market expeditiously, according to Fosun Orinove's CEO Zeng Qingping.
The company is alerting passengers to the service through posters and ground stickers on platforms and in carriages. Volunteers are also spreading the word at stations.
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The company participated in the first China International Import Expo (CIIE) in Shanghai in November and plans to do so again this year.
The company predicts that the aviation sector in China and other emerging regions will double the pace of mature markets of North America and Western Europe in the next decades.
The company said it will increase the number of its bikes to 750 from an initial 200 over the coming month in Hackney, hoping to provide a blueprint for ofo in the rest of the capital as it looks to address transport options for the "last mile" of travel.
The company was established in 2012 as a response to the Central Government's call to develop the west.