# Smart Robotics

Clipping the Wings of the 'Next Jia Yueting': Why Dreame Tech is Abandoning Its Galactic Ambitions

Dreame Tech founder Yu Hao is abandoning his 'all-encompassing' business model and refocusing on core robotics after regulatory pressure and a crackdown on local government investment funds. The shift marks the end of the high-risk 'ecosystem expansion' strategy that has characterized Chinese tech startups for a decade.