Toua H&T establishes a new subsidiary, including intelligent robotics business

According to the Qichacha APP, recently, Hangzhou Toua New Power Technology Co., Ltd. was established, with Li Tiancheng as the legal representative. The business scope includes: manufacturing of household appliances; sales of household appliances; sales of smart robots; sales of smart home consumer devices, etc. Qichacha's equity penetration shows that the company is wholly owned by Toua H&T