Jiangsu Kongyi Low Altitude Intelligent Technology Company was established, including AI and robotics business.

According to the Qichacha APP, recently, Jiangsu Kongyi Low Altitude Intelligent Technology Co., Ltd. was established with a registered capital of 500 million yuan. Its business scope includes: research and development of intelligent robots, general application systems for artificial intelligence, software development for artificial intelligence theory and algorithms, and public data platforms for artificial intelligence. Shareholder information from Qichacha shows that the company is wholly owned by Binhai Changda Holdings Co., Ltd.