Establishment of Innovation Technology New Company by China Electronics Technology Group

According to the Qichacha app, Beijing 506 Innovation Technology Co., Ltd. was recently established with a registered capital of approximately 17.56 million yuan. Its business scope includes information consulting services, organizing cultural and artistic exchange activities, engineering management services, entrepreneurial space services, digital technology services, etc. Equity penetration information on Qichacha shows that the company is indirectly wholly owned by China Electronics Technology Group Corporation.