Wenzhou Wasu Media Technology Co., Ltd. was recently established with registered capital of RMB10 million, according to 36Kr. Tianyancha data shows the company’s legal representative is Pan Jinyong, and its business scope includes digital advertising publishing, software development, AI application software development, AI basic software development, advertising publishing, and AI industry application system integration services. The new entity is wholly owned by Wasu Media Network Co., Ltd., a subsidiary of Wasu Media.