Donghua Software sets up a new company specializing in intelligent technology, including AI and Internet of Things businesses.

According to the Qi Cha Cha app, recently, Donghua Intelligent Technology Co., Ltd. was established with a registered capital of 300 million yuan. Its business scope includes the development of artificial intelligence basic software, artificial intelligence application software, artificial intelligence theory and algorithm software, artificial intelligence public data platforms, artificial intelligence basic resources and technology platforms, etc. Equity penetration data from Qi Cha Cha shows that the company is wholly owned by Donghua Software.