*ST Ren Dong establishes new subsidiary, includes AI software development business*

According to the Qichacha App, recently, Beijing Rendong Numerical Domain Technology Co., Ltd. was established with a registered capital of 20 million yuan. Its business scope includes: basic software development of artificial intelligence; application software development of artificial intelligence; general application systems of artificial intelligence, etc. Equity penetration data from Qichacha shows that the company is fully owned by * ST Rendong.