Venture technology companies such as Shengtong Technology have established a smart technology company incorporating AI and IoT business.

According to the Qi Cha Cha app, recently, Shengtong Huadi Smart Technology Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes: integration services for artificial intelligence industry applications systems; integration of intelligent control systems; information technology consulting services; artificial intelligence public data platform; Internet of Things technology services, etc. Shareholding penetration displayed on Qi Cha Cha shows that the company is jointly held by Shengtong Technology and others.