Baidu invested in the establishment of a new company, including intelligent robot research and development.

CTOnews.com November 10 news, according to public information, Zhejiang Xindu Science and Technology Innovation Co., Ltd. was established today, with a registered capital of 10 million yuan and legal representative Cao Yang.

The scope of business includes technical services; integrated circuit sales; intelligent robot research and development; wearable smart device sales; industrial engineering design services; toys, animation and recreation supplies sales; business training. The industry is science and technology promotion and application services.

The company is 50 per cent owned by Beijing Baidu Netcom Technology Co., Ltd. and Wenzhou Oujiang Estuary big data Co., Ltd., according to shareholder information.

CTOnews.com learned that Baidu has previously released several robot products such as "Xiaodu Distribution Robot", "Jidu Automobile Robot" and Apollo "Automotive Robot".