Yutong Technology establishes Rezhi Technology Company, including intelligent robot R&D business.

Qichacha APP shows that Huizhou Huayan Rezhi Technology Co., Ltd. was recently established, with Xu Xuhui as the legal representative and a registered capital of RMB 50 million. Its business scope includes the manufacturing of forgings and powder metallurgy products; retail of electronic components; non-ferrous metal casting; sales of new ceramic materials; research and development of intelligent robots, etc. Qichacha equity penetration shows that the company is wholly owned by Dongguan Huayan New Material Technology Co., Ltd., a subsidiary of Yuto Technology.