iFlytek establishes intelligent education technology company, including multiple AI businesses.

According to the QiChaCha app, recently, Zhejiang iFLYTEK Smart Education Technology Co., Ltd. was established with a registered capital of 10 million RMB. Its business scope includes: development of artificial intelligence application software; development of artificial intelligence theory and algorithm software; artificial intelligence general application systems; integration services of artificial intelligence industry application systems, etc. According to the equity penetration displayed by QiChaCha, the company is wholly owned by iFLYTEK.