Recently, Zhejiang Zhiping Shijie Technology Co., Ltd. has been formally established, with Wang Lei serving as its legal representative and boasting a registered capital of 50 million yuan. The company's business scope is extensive, encompassing the wholesale of computer software, hardware, and ancillary equipment; the development of artificial intelligence theory and algorithm software; the sales of electronic products; and other related areas. An examination of the equity structure shows that the company is a collaborative venture among Hanxing Venture Capital Co., Ltd. (a subsidiary of Xiaomi), Jukan Technology Co., Ltd. (a subsidiary of Hisense), and Hangzhou Zhiping Technology Co., Ltd.
            
                    
                    