The company now has more than 200 offices in more than 80 countries and regions. Its focus is on BRI-related countries and regions, especially Pakistan, Bangladesh, Indonesia, the Philippines, and Vietnam.
The company ranked second among the top 500 non-State owned enterprises in China with revenue of 557.9 billion yuan (.5 billion) in 2017, after Huawei Technologies Co, according to data released by the All-China Federation of Industry and Commerce in late August.
The company's interim financial report said the company gained 2.82 billion yuan (4 million) in revenue in the first half of this year, representing a year-on-year growth of 5.6 percent. Revenue from its education business hit 1.14 million yuan, having soared 40.3 percent year-on-year.
The company, based in Guangzhou, , capital of Guangdong province, recently signed strategic cooperative agreements with several leading home appliances makers and kitchen equipment providers to provide one-stop renovation service for Chinese families.
The company, whose name means "Beauty Talk," is one of the more popular fashion and cosmetics retailers online, a niche it's clung to despite the dominance of Alibaba Group Holding Ltd and JD.
The company said in an online statement Monday that it has established a team to investgate the matter.
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The company's mission is in line with the Chinese government's emphasis on the development of precision medicine.
The company's optimism on the Chinese market stems from the stock connect between the London and Shanghai bourses that was established last year. The Shanghai-London Stock Connect enables companies to float shares on both exchanges simultaneously via a depository receipt mechanism, a milestone in China's accelerated financial opening-up.
The company started its global expansion in 2018 in Southeast Asia, setting up a subsidiary in Singapore. Since then, it has expanded into Indonesia, the Philippines, Thailand and other countries in the region.
The company will continuously expand cooperation with global partners to jointly push forward the oil and gas industry in the country, said Liu Hongbin, deputy head of the corporation, during the oil and gas sustainable development forum held during the expo on Wednesday.