The company recently announced that it would tap into foreign markets including Japan, South Korea and Southeast Asia.
The company is also using technologies to reduce labor costs. More than 95 percent of its customer service is now delivered by robots. It is estimated that with artificial intelligence, the company will save more than 40 million yuan (.8 million) a year by using robots for debt collection, in a scenario where it collected debts of 100,000 individuals and businesses per day on average.
The company will reach potential customers through the wide network of drugstores and residential clinics that use its smart devices within three to five years, according to Wang.
The company mentioned Ge's name several times by saying "Ge You-esque slouching" in photo captions, according to the statement.
The company's net profit increased 127 percent year-on-year in 2018, and is expected to grow at least 30 percent this year, he said.
The company will also surpass its original value of more than billion, strengthening its position as one of world's most valuable startups.
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The complicated grid project will be completed in 2018.
The company plans to use diversification to benefit from global economic opportunities and expansion across multiple markets, including the commercial and tech sectors. The company focuses on working with industries such as natural minerals, logistics, e-commerce and social media.
The company is currently revising its retail plans in China as the market is rapidly changing but it will retain a mix of formats including hyper stores, pickup points, experience centers, distribution centers and e-commerce platforms, said Kuliga.
The company reported selling over 2 million smartphones in the current year on Spanish high-streets, as well as tablets and wearables, earning a 20.6 percent market share and prompting the opening of service centers in the cities of Madrid and Malaga.