Golden Home Establishes New Subsidiary with Internet of Things Business.

According to the Qichacha app, Xiamen Xinglian Youcai Technology Co., Ltd. was recently established with a registered capital of 20 million yuan. Its business scope includes: Internet of Things application services; investment activities using its own funds; marketing planning; and sales of building materials. Qichacha's equity penetration shows that the company is fully owned by Jingpai Home Furnishings.