Aokai Technology establishes a new subsidiary specializing in IoT device business.

According to the Qi Cha Cha app, recently, Hainan Shengshi Technology Co., Ltd. was established with Chen Hongchuan as the legal representative. Its business scope includes manufacturing of Internet of Things devices, mobile terminal devices, communication equipment, network equipment, etc. According to equity penetration shown in Qi Cha Cha, the company is fully owned by Aohai Technology.