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The company plans to open new on-site premises or renovate existing ones to have 100 such canteens in China by the end of this year.

The company is bullish about the prospects for agricultural drones as the demand for such gadgets is huge and the whole industry is still in exploration mode.

The company, better known as Sinopec, first set up a mobile ophthalmic hospital called the Sinopec Lifeline Express on a special four-car railway train in 2007 to offer eye surgery training for cataract removal. After some decades of development, the hospital on wheels has provided free medical care to over 46,000 poverty-stricken cataract patients, it said.

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The company's share trading in Hong Kong and Shanghai was suspended on Tuesday.

The company is also cooperating with Palace Museum in Beijing to "digitalize" precious art pieces there.

The company is required to issue such a warning to investors if finances deteriorate, but the filing with the US Securities and Exchange Commission (SEC) doesn't necessarily mean the company will go out of business.

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The company said it was second time that it was taking part in the CIIE. Appreciating the meeting arranged for exhibitors across various fields, the company said it provided an opportunity to know the potential partners in different fields.

The company's revenue hit 3.76 billion yuan (0 million), up 47 percent year-on-year, according to the firm's financial report.

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The company on Wednesday is launching a new subscription music service, Amazon Music Unlimited, that starts at .99 a month for a library of tens of millions of songs. That’s less than half the cost of Apple Music, Spotify Premium and other competing music services.

The company's newly appointed executive chairman, Andrew Khoo Boo Yeow, confirmed to the Press Association that the company will close a quarter of its 160 UK stores, having already shut eight this year.