The company was fined 30,000 yuan and it deleted the pirated films and clips from its app.
The company said China plans to build at least 4,400 km of new railway lines this year, including 2,300 km of high-speed lines. Those targets exceed the 4,000 km of new lines and 2,000 km of high-speed lines it announced at its annual work conference in early January.
The company will finish drilling 255 horizontal wells by the end the year, forming an annual crude oil production capability of 1 million tons.
The company said its total assets are valued at more than billion and it has over 30,000 employees. It has constructed more than 90 photovoltaic power plants overseas, and sells its products to over 140 countries and regions.
The company is now looking ahead to Singles Day on Nov. 11, a tradition in China similar to Valentines Day, which brought record sales last year.
The company's smart Panda Bus, powered with self-driving technology, palm vein recognition system, in-vehicle robot, voice interaction and other advanced AI technologies, will be launched in Bangkok, the capital of Thailand, by the middle of this year.
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The company will also accelerate the construction of privately-owned charging facilities in new residential areas, aiming to provide exclusive charging poles for all electric vehicles.
The company will also shut down its operations in Peru, which represent 5 percent of the airline's revenue, and will lay off hundreds of employees within the next 10 days.
The company's net income attributable to ordinary shareholders for the fourth quarter, however, dropped 88 percent year-on-year to 3.16 billion yuan. The company ascribed the decrease primarily to a net loss in investment income.
The company, co-established by Germany, France, the UK and Spain, announced on Tuesday it would cut approximately 15,000 positions across Airbus' global workforce no later than summer 2021.