MTC and others invest to establish a new company, including AI business

According to the Qichacha APP, MTC Intelligent Display Technology Co., Ltd. has been established with a registered capital of 300 million yuan. Its business scope includes: development of artificial intelligence theories and algorithm software, basic resources and technology platforms for artificial intelligence, and development of artificial intelligence application software, among others. Qichacha's equity penetration shows that the company is wholly owned by Shenzhen MTC Crystal Display Technology Co., Ltd., a subsidiary of MTC