Zhongbai Group establishes an intelligent technology company.

According to the Qichacha APP, recently, Wuhan Baobao Intelligent Technology Co., Ltd. was established, with He Fei as the legal representative and a registered capital of 20 million yuan. Its business scope includes internet data services, artificial intelligence application software development, artificial intelligence hardware sales, big data services, and commercial complex management services. Qichacha's equity penetration shows that the company is indirectly wholly owned by the Zhongbai Group.