Mihoyo, the company behind the popular game Genshin Impact, has established a new subsidiary in Guangzhou, China. The new entity, Guangzhou Mihoyo Cangang Technology Co., Ltd., has a registered capital of 10 million RMB and is wholly owned by Shanghai Mihoyo Network Technology Co., Ltd. Its business scope includes consulting services, technology intermediary services, and online sales of electronic products. AI
RANK_REASON Establishment of a new subsidiary by a known company.
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