WaveFly 5X completes maiden flight in Jiangsu province

To date, Navee's operations have spanned more than 60 countries and regions, serving more than 1 million users, said Zhu, adding that 90 percent of the company's sales revenue comes from overseas markets.

"Our hope is to have half of our revenue generating from China in the coming decade at best. The China market is a great market, especially in terms of its convenience and quick-response capability. It is our expectation to develop suitable products to reach quick expansion," Zhu said.