Guanshang Technology has made public that its fully-owned subsidiary is set to invest in the construction of an AI technological achievement transformation headquarters base in Balikun County, Hami City, Xinjiang. The total estimated investment for this ambitious project stands at around 1 billion yuan. It's important to note that this endeavor doesn't fall under the category of major asset restructuring or restructuring listing, thus eliminating the need for approval from pertinent departments.
The project will give rise to an AI empowerment center. This center will harness the company's pre-existing AI technologies to cater to the demands of various industries, including mining, animal husbandry, and agriculture. By doing so, it aims to propel the widespread adoption of artificial intelligence technologies in these vertical sectors.
Once completed, the project is expected to offer a range of specialized products and services. These encompass specialized TOKEN services, mineral technology verification services, and intelligent unmanned equipment, among others.