Drone maker soars to greater heights

"In the long term, these innovative products will be used for many more purposes, which will help expand the market and ensure sustainable business growth," said Shao.

Following DJI's success, a growing number of domestic companies have joined the drone industry, with industry experts expecting the market to double in the next decade.

According to Teal Group Corp, a service company that publishes information on the aerospace and defense industry, the global consumer drone industry will grow from $2.8 billion in 2014 to $5.6 billion by 2023.

DJI's increased presence in the global market has also attracted attention from international investors, but Shao said the company has no intention to seek a public listing for the next few years.

"We do not plan to raise any funds from the markets for the next five years. Instead, we will concentrate on enhancing our product R&D capabilities, as they have played a key role in consolidating our position in the global market," Shao said.

Media reports said DJI's market value would be as much as $10 billion after it raised funding from venture capital firms.

"We don't care much about the capital market, although we have received many capital invitations both from the domestic and overseas investors," said Shao.

According to media reports, the company is seeking to raise hundreds of millions of dollars in the next funding round, with discussions going on with major investors including those based in the Silicon Valley firms in an advanced stage.

Shao declined to comment on the fundraising or the company's valuation.

"We are open to the capital market. But now we have only accepted some small investors－which agreed with us in a long term strategy to focus on our core business both in the domestic and overseas markets," said Shao.