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Contracts for LNG supply to China, mainly from western and eastern Australia, and the US Gulf Coast, are up nearly 50 percent year-on-year this year as the government steps up efforts for cleaner burning fuel, he said.

Considered a milestone in the internationalization of China's capital market, global index provider MSCI will list a number of China A-shares in its market indexes beginning June.

Continued recruitment of milk supplier or shareholders, and staff, were major focuses in the next six months, May said, adding that the company had received significant interest from farmers in becoming shareholders and was confident of having the 25 to 30 needed by December.

Coupled with the ongoing consumption upgrade, this is shifting points of sales from overseas to China, where e-commerce reigns supreme.

Considering the group's strong new products pipeline and the continued strong sales momentum of existing models, Geely has set a sales target for 2018 of 1.58 million units, representing an increase of about 27 percent over the previous year.