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MEITUAN-W Reportedly Founds Tech Firm, Involving AI Infra Software Development
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Yantai Hanqi Technology (literal translation of "煙台漢騎科技"), a company wholly owned by Xigua Limited, a subsidiary of MEITUAN-W (03690.HK), has been established recently, with legal representative Sun Keqing and registered capital of US$5 million, Chinese media reported.

The scope of business of the new company includes software development, R&D of intelligent robots, R&D of IoT technology, development of basic software for AI, development of network and information security software, and IT consulting services.

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