According to Tianyancha, China Coal (Beijing) Equipment Research Institute Co., Ltd. was recently established, with Yuan Zhi serving as the legal representative and a registered capital of 100 million yuan. Its business scope includes industrial robot manufacturing, special-purpose robot manufacturing, artificial intelligence application software development, 5G communication technology services, mining machinery manufacturing, and emerging energy technology research and development, among other areas. Equity penetration reveals that the company is wholly owned by China Coal Mining Machinery Equipment Co., Ltd., a wholly owned subsidiary of China Coal Energy Company Limited (listed on both A-shares and H-shares), meaning China Coal Energy indirectly holds 100% equity in the new company. The new company's business scope spans traditional mining equipment, robot manufacturing, and digital technology businesses such as AI and 5G.