Chaoda Equipment establishes a new subsidiary including AI and robotics business
According to the Qichacha APP, recently, Jiangsu Chaoda Intelligent Technology Co., Ltd. was established with a registered capital of 25.5 million yuan. The business scope includes the development of artificial intelligence application software; research and development of intelligent robots; manufacturing of industrial robots; sales of intelligent robots; development of artificial intelligence theories and algorithm software, etc. Qichacha's equity penetration shows that the company is wholly owned by Chaoda Equipment
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