Mountain Child High-Tech and others have established a new company, which includes Internet of Things related businesses.

According to the QiChaCha APP, recently, Jiangsu Yingyu Technology Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes: IoT technology services; sales of digital cultural and creative technology equipment; digital cultural and creative content application services; 5G communication technology services, etc. According to the equity penetration of QiChaCha, the company is jointly held by Sanzigaoke's wholly-owned subsidiary West Innovation Investment Co., Ltd., and others.