The company also produces tea beverages and functional drinks, accounting for 13.5 percent and 12.5 percent of the revenue by the end of May this year.
The committee's ranking Democrat, Rep. Adam Schiff of California, said the questions touched on "a range of issues the committee had been concerned about." "We appreciate his voluntary willingness to come and testify today," Schiff added.
The comment was made after a two-day public hearing by the Office of the US Trade Representative was wrapped up in Washington proposing tariffs on another billion worth of Chinese exports.
The comments came after DPRK deputy ambassador to the United Nations and its vice Foreign Minister reportedly said that a new nuclear test was under preparation and more missile tests would be conducted on a weekly, monthly and yearly basis.
The company also inked deals with five leading international brands, including Unilever, Nestle and Pfizer, to partner on product innovation and premier launches.
The company had to import and export the products from Tianjin, Shanghai and Guangzhou ports, while globally-traded commodities will be shipped to and from Wuhan directly in the future.
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The company has not yet announced plans for an IPO, but market watchers believe it may come this year.
The comments were made Saturday at China Economic Prospect: Directions and Pathways for China's SOE Reform in the New Era, an industry forum held by China Economic Times.
The company built its first wind farm in Panama in 2013, which produced green power that accounted for about 8 percent of the country's power consumption just a year after its operation.
The company also said it will compensate "all users that incurred property losses in the incidents caused by battery quality and safety issues, in accordance with relevant laws".