The company's shares, listed on the Shenzhen Stock Exchange, opened at 39.5 yuan Tuesday, up 0.13 percent.
The company said its LRASM would play a significant role in ensuring US military access to operate in the ocean, owing to its ability to "discriminate and conduct tactical engagements from extended ranges".
The company's revenue from air conditioners rose 26 percent to 155.68 billion yuan despite a scant 4.5-percent growth of the entire air conditioner market.
The company is preparing its own ballot initiative, which would "enact stronger regulation and enforcement rather than prohibition," Kwong said.
The company's shares rose 0.5 percent to 1.27 as of Thursday close.
The company, a pioneer in this Caribbean nation, supplied 3 million electrical appliances to Cubans between 2003 and 2006 as part of a social program known as the Energy Revolution.
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The company says stock benefits will also continue to accumulate for employees?during the paid leave period, and the company has created a new “Ramp Back Program” for birth mothers and primary caregivers, allowing them to “ease back to work with up to 8 weeks of flexible time.”
The company's engines currently in service and new engine orders in China total a combined 8,500, CFM said.
The company now makes 90 percent of its Chinese revenue through brand licensing and multimedia, with the rest coming from publishing. Its revenue from China is soaring at 20 percent year-on-year, making it the fastest-growing market worldwide.
The company said they are pushing forward the construction of the second phase as planned.