Zhejiang Rongtai established a new subsidiary for intelligent robots.

According to the Qichacha app, Zhejiang Rongtai Intelligent Robot Co., Ltd. was recently established with a registered capital of 20 million yuan. Its business scope includes sales of artificial intelligence hardware, smart robot sales, and research and development of electric motors and control systems. Equity penetration analysis on Qichacha shows that the company is fully owned by Zhejiang Rongtai.