Shanghai Electromechanical Dexterous Intelligence Establishes Lingji Yidong Company# Registered Capital 100 Million
Lingji Yidong (Shanghai) Technology Co., Ltd. has been established with a registered capital of 100 million RMB. The company is a joint venture between Shanghai Mechanical & Electrical Equipment Co., Ltd. and Zhejiang Lingqiao Intelligent Technology Co., Ltd. Its business scope includes manufacturing electronic components and electromechanical equipment, selling AI hardware, and developing AI application software. AI
IMPACT This new entity's establishment suggests continued investment and development in AI hardware and software, potentially impacting the AI industry's supply chain and application landscape.