Yili Group and others established a digital technology company specializing in Internet of Things business.

According to the Enterprise Check App, Zhejiang Chaoyouyi Digital Technology Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes: supply chain management services; Internet of Things application services; organizing cultural and artistic exchange activities; and telecommunications equipment sales, etc. The equity penetration information from Enterprise Check shows that the company is jointly owned by Inner Mongolia Changqing Tongchuang Enterprise Management Co., Ltd., a wholly-owned subsidiary of Yili Group, and others.