Fuhong Hanlin has established a new biotechnology company in Nanjing, China, with a registered capital of 50 million RMB. The company, named Fuhong Hanlin (Nanjing) Biotechnology Co., Ltd., is wholly owned by Fuhong Hanlin and will focus on technology services, development, consulting, exchange, transfer, and promotion. AI
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RANK_REASON The cluster describes the establishment of a new subsidiary, which is a business operation rather than a core AI development.