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The company is hiring 30,000 new employees, including delivery drivers and personal shoppers, to help meet the demand. It is also implementing a series of new measures to ensure the safety of customers.

The company reported its net revenues for the third quarter of this year reached 174.2 billion yuan (.7 billion), an increase of 29.2 percent compared with the same period last year. It will continue to invest in technology and infrastructure to enhance its user experience.

The company recently completed the acquisition of NGINX, an open-source leader in application delivery, to serve the multi-cloud strategy. It has made significant investments integrating with cloud providers.

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The company plans to list on the Nasdaq under the symbol "CNEY," by offering 5 million shares at a price range of 4 to 5 US dollars per share, according to its prospectus filed earlier this week with the US Securities and Exchange Commission.

The complex geology of the Pearl River estuary in South China was a driving force behind the technological innovation that makes the Hong Kong-Zhuhai-Macao Bridge stand out from similar projects around the world, according to civil engineers.

The company launched a customized service of ordering its H5 and L5 models in 2018 when it also saw the number of dealership stores topping 100 across China in its drive to expand its sales network.

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The company will promote wider international use of RMB, and increase connectivity between the Chinese financial industry and the international market as well as financial institutions, said Raes.

The company is known for its West-to-East Electricity Transmission Project. The project transmits clean power from Southwest China to the Guangdong-Hong Kong-Macao Greater Bay Area, and Hainan province.

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The company reiterated its firm belief that the market demand in China remains strong. "The demand can be delayed, but it will never disappear," said Kamran Vossoughi, CEO of Michelin China.

The company's 19 power plants in China's Hubei province, which was hit hardest by the novel coronavirus pandemic, have generated power up to 368 million kilowatt hours from Jan 24 to March 27, it said.