On January 16th, data from the Qichacha APP revealed that Aijie Technology (Kunshan) Co., Ltd. has been newly founded, boasting a registered capital of 400 million yuan. Its scope of operations encompasses the sale of intelligent unmanned aerial vehicles, wearable smart gadgets, in-car intelligent devices, and various communication apparatuses. A closer look at the equity structure indicates that the company is a wholly-owned subsidiary of Luxshare Precision, a move that aligns with common corporate practices in English-speaking business environments where parent companies often establish subsidiaries to diversify and expand their operations.
