China Automotive Center establishes a new technology company including AI and satellite-related businesses.

According to the Enterprise Check App, China Auto Star Smart Technology Co., Ltd. was recently established with a registered capital of 30 million yuan. Its business scope includes: development of artificial intelligence application software; integration services for artificial intelligence industry applications; satellite navigation services; integration of satellite technology comprehensive application systems, etc. Equity penetration analysis on the Enterprise Check App shows that the company is indirectly wholly owned by China Automotive Technology Research Center Co., Ltd.