On December 30, SenseTime, an artificial intelligence software company, was successfully listed in Hong Kong under the stock code 0020. HK, issue price of HK$3.85 per share. After the opening of the market, SenseTime's share price rose by more than 15%, reaching HK$4.4 per share as of press time, with a total market capitalization of HK$146.8 billion.
Dr. Xu Li, co-founder, chairman and CEO of SenseTime, said in his speech at the listing ceremony: "Enterprises in each era carry different hopes and responsibilities, and our proposition is how to go from survival and catch-up to development and pioneering. When we see a huge breakthrough in technology, SenseTime hopes to promote the landing of technology, use technological breakthroughs to redefine scenes and patterns, and refresh the public's understanding of artificial intelligence. SenseTime has always believed that the incremental value brought by the transformation of artificial intelligence technology will surely promote the arrival of an intelligent era of inclusiveness and fairness. Together with investors and partners, we will promote the construction of artificial intelligence infrastructure, empower all industries, and benefit everyone. Use my hundred points of heat to shine a thousand points of light. ”
In the previously released prospectus, SenseTime implanted its innovative "AR black technology", allowing investors to follow a virtual "space black sheep astronaut" with great SenseTime culture characteristics to intuitively understand and experience the core technology highlights and landing results of SenseTime in the four major business sectors of smart business, smart city, smart life and smart car through the way of "virtual and real integration". In this listing ceremony, SenseTime once again used AR technology to create an "AR gong" link, allowing guests who attended the ceremony and failed to arrive at the scene to participate in and witness its listing through a combination of virtual and real.
The prospectus cites a report by research firm Sullivan that SenseTime is Asia's largest artificial intelligence software company in terms of 2020 revenue, and is also the largest computer vision software company in China, with a market share of 11%.
Image source: SenseTime
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