The company is currently working on developing autonomous driving, intelligent medical treatment, and deep learning hardware optimization.
The company is available to its Chinese members, via WeChat, 24 hours a day, and recently hired an island in Dubai and arranged a wedding in Antarctica for Chinese clients.
The company's net profit attributable to its equity holders stood at 41.21 billion yuan (about .81 billion) last year, said its financial report filed to the Shanghai Stock Exchange Tuesday night.
The company launched video sharing and streaming app Meipai in 2014, and short video app product WIDE in 2018, which caters to creative young people.
The competition, held in Chongqing municipality, allows students aged between 6 and 18 years old to craft sci-fi stories or write creative computer programs in the next eight months to "cultivate students’ interests in science fiction,” according to the organizer.
The company's goods circulation speed has increased by 20 percent, together with a "geometrical" increase in the number of goods circulated, it said.
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The company's milk was confirmed melamine-free, and to illustrate their confidence in the product's quality, some of Huaibei's top officials drank it on television.
The company's main strategy in 2018 is to improve its twin growth drivers-its search engine and input method-with the help of artificial intelligence technology, Wang said.
The company says a Chinese manufacturer copied their designs and began selling indistinguishable pillows on Amazon. The third party seller even used Milo & Gabby’s own product photos in the description on Amazon.com. Other third-party sellers have used similar tactics with the pillowcases, and Amazon says it has removed those, as well.
The company is also striving to coordinate with multiple sides to maintain the supply of industrial production materials, and logistics services, so as to ensure the sustainability of businesses, YMTC said in a statement.