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As a high-tech enterprise integrating production, research and development and sales, HSG Laser products are being widely used in the auto industry and in electrical engineering. "With its compelling technological innovation and product quality, HSG Laser has its intelligent laser equipment operating in more than 100 countries and regions. And its sales volume is expected to achieve double-digit growth this year," said Ouyang Zhanfei, director of investment at HSG Laser. HSG Laser is stepping up its efforts to expand in overseas markets. Following setting up a marketing subsidiary in Germany, the company plans to establish a research and development subsidiary in Japan and a marketing center in Vietnam in 2019, according to Ouyang.

As agreed to by the two presidents at their Florida meeting in April, the two countries conducted four cabinet-level dialogues in areas including the economy, diplomacy, security, social and cultural exchange, law enforcement and cybersecurity.

As expectations grow for the fourth inter-Korean summit, speculation is mounting that the next one could take place at the border village of Panmunjom. If held, it could be timed to coincide with the first anniversary of the two leaders' first summit, held on April 27 last year.

As at the end of 2017, effective production capacity of the power battery segment was 110 gigawatt-hours, while the installed capacity was about 36.4 GWh, the report said.

As a benchmark for NEVs, the Model 3 will help drive the innovation and upgrading of domestic suppliers, according to a report by Minsheng Securities.