Off-topic for aiqbench
This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.
UBTECH Sets Up New Tech Company in Shaoxing with RMB 50 Million Registered Capital
36Kr learned from Tianyancha App that Shaoxing UBTECH Technology Co., Ltd. was recently established, with Hao Baoyu as its legal representative and registered capital of RMB 50 million. Its business scope includes software development, artificial intelligence application software development, research and development of intelligent robots, and sales of intelligent robots. Shareholder information shows the company is wholly owned by UBTECH Robotics Corp., Ltd. of Shenzhen.
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