Recently, Midea (Foshan Chancheng) New Retail Co., Ltd. has been officially incorporated with a registered capital of 10 million yuan, under the leadership of Zhu Chuicai as its legal representative. The company boasts a diverse portfolio of business activities, encompassing the sale of intelligent robots, smart unmanned aerial vehicles, semiconductor lighting devices, and AI hardware. An equity penetration analysis reveals that Midea Group Co., Ltd. holds an indirect 100% ownership stake in this new venture.