UBTECH plants a flag in western Guangdong, and it is not just there to sell robots
Tianyancha records show that on 11 August, Guangdong Maoyou Robot was established with registered capital of 10 million yuan, based in Maonan district of Maoming. The shareholder structure is clear: Maoming Binhai Holdings subscribed 9 million yuan for a 90 per cent stake, and Shenzhen UBTECH Technology subscribed 1 million yuan for 10 per cent. … Read more