Midea Group establishes a new company focusing on AI and robotics business.

According to the Qi Cha Cha app, recently, Midea E-commerce Co., Ltd. was established with a registered capital of 10 million RMB. Its business scope includes sales of smart robots, sales of smart unmanned aerial vehicles, sales of semiconductor lighting devices, sales of artificial intelligence hardware, etc. Stock penetration information on Qi Cha Cha shows that the company is indirectly wholly owned by Midea Group.