Visual China: Introducing investor to increase capital of holding subsidiary by 100 million yuan, accelerating the company's layout in AI

Learned that visual China announcement, in order to accelerate the company's layout in AI, to promote the company's "AI intelligence + content data + application scenarios" strategic planning of synergistic development, shenzhen longgang district guide fund investment limited company intends to the company through the wholly owned subsidiary of beijing huaxia visual science and technology group limited company holding elephant vision (shenzhen) Ltd. to increase its capital by 100 million yuan. The holding subsidiary of Shenzhen Elephant capital increase, and local funds and partners to establish a close collaborative relationship, and jointly focus on and develop artificial intelligence-related technology research and development, industrial applications and ecological construction and other areas of business opportunities.