Xiamen Guomao Investment has established a new company, which includes Internet of Things (IoT) business.

According to the Qichacha App, recently, Ningbo Zhencheng Trade Co., Ltd. was established, with business scope including: Internet of Things technology services; artificial intelligence public service platform technology consulting services; import and export of goods; and technology import and export. According to Qichacha's equity penetration display, the company is jointly held by Xiamen Guomao's Xiamen Guomao Baoda Run Industrial Co., Ltd. and others.