Qingtianzu, Hangzhou State Capital Form Embodied AI Tech Firm

Chinese business registry data from Qichacha shows that Zhejiang Qingtianchao Embodied Intelligence Technology Co., Ltd. was recently established, with Deng Feng as the legal representative and a registered capital of 12 million yuan (approximately $1.66 million). The company's business scope covers the sale and research and development of intelligent robots, industrial robot sales, machinery and equipment leasing, and artificial intelligence application software development. The company is registered in Zhejiang province.

Equity penetration data reveals that the new entity is jointly held by Qingtianzu (Shanghai) Technology Co., Ltd. and Hangzhou Qiantang New Area Sci-Tech Group Co., Ltd., the latter representing Hangzhou state-owned capital. Qingtianzu is a Shanghai-based technology company, while Hangzhou Qiantang New Area Sci-Tech Group focuses on sci-tech innovation and state-owned asset management. The joint venture signals growing investment in embodied AI and robotics within China's Yangtze River Delta region. The new company is positioned to capitalize on the growing demand for embodied AI solutions across industrial and service sectors. This move aligns with China's push for AI-driven industrialization.