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Muxi Co., Ltd. established a new Zhi Technology subsidiary in Shanghai
Qichacha APP shows that recently, Mu Xi New Intelligence Technology (Shanghai) Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes basic software development for artificial intelligence; development of artificial intelligence theories and algorithm software; development of artificial intelligence application software; integrated circuit design; integrated circuit chip design and services, etc. Qichacha’s equity penetration shows that the company is wholly owned by Mu Xi Holdings.