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Sinopec and other investors establish intelligent technology company including AI-related business
Qichacha APP shows that recently, Shandong Youyixing Intelligent Technology Co., Ltd. was established with a registered capital of 20 million yuan. Its business scope includes artificial intelligence industry application system integration services; software sales; software outsourcing services; retail of computer hardware, software, and auxiliary equipment. Qichacha’s equity penetration shows that the company is jointly held by China Petroleum & Chemical Corporation (Sinopec) and its subsidiary China Petroleum & Chemical Sales Co., Ltd. (People’s Financial News)