[UBTECH Establishes Embodied Intelligence Company with Registered Capital of 20 Million RMB] According to Zhitong Finance, data from Tianyancha App shows that recently, Huizhou Guanfu Embodied Intelligence Technology Co., Ltd. was established. The legal representative is Hao Baoyu, with a registered capital of 20 million RMB. Its business scope includes the development of artificial intelligence application software, research and development of intelligent robots, development of artificial intelligence foundational software, data processing, and storage support services. Shareholder information indicates that the company is wholly owned by Shenzhen Tongzai Embodied Intelligence Technology Co., Ltd., which is fully owned by Shenzhen UBTECH Robotics Corp., Ltd., a Hong Kong-listed company.