East China Pharmaceuticals established a new company including AI and Internet of Things businesses.

According to the Qichacha APP, Jiangxi Yunfentu Technology Co., Ltd. was recently established. Its business scope includes: artificial intelligence basic resources and technology platforms, artificial intelligence public service platform technical consulting services, artificial intelligence application software development, Internet of Things technology research and development, and Internet of Things technology services. According to Qichacha's equity penetration, the company is wholly owned by Huadong Medicine.