Data from the Tianyancha App reveals that on May 22, Wenzhou Embodied AI Technology Co., Ltd. was formally established. Yu Yangwang serves as the legal representative, and the company boasts a substantial registered capital of 70 million yuan. Its business scope encompasses a wide range of fields, including software development, intelligent robot R&D (Research and Development), and the production of specialized operational and service-oriented consumer robots. The shareholders of this promising venture include notable entities such as Shenzhen UBTECH Robotics Corp, Wenzhou Data Group Co., Ltd., and Wenzhou State Investment Equity Investment Fund Co., Ltd., among a host of other investors.
