UBTECH established a physical intelligent technology company in Wuxi.

According to the Qi Cha Cha app, recently, Wuxi Youbaoju Shijian Intelligence Technology Co., Ltd. was established, with Qi Shi as the legal representative and a registered capital of 50 million yuan. Its business scope includes research and development of intelligent robots, sales of intelligent robots, elderly care services, remote health management services, and sales of Class I medical devices. Equity penetration by Qi Cha Cha shows that the company is jointly held by Jiangsu Fengshu Information Technology Co., Ltd. and Shenzhen UGBest Medical Robot Co., Ltd., a wholly-owned subsidiary of UGBest.