Muxi Corporation established a new technology subsidiary called Xin Zhi Technology in Shanghai.

According to the Qichacha app, Mu Xi Xin Zhi Technology Co., Ltd. was recently established with a registered capital of 50 million yuan. Its business scope includes artificial intelligence basic software development, artificial intelligence theory and algorithm software development, artificial intelligence application software development, integrated circuit design, integrated circuit chip design and services, etc. Equity penetration data from Qichacha shows that the company is fully owned by Mu Xi Technology Co., Ltd.