[News-Oxcart Network]
SenseTime, an artificial intelligence company known as Asia's number one, landed on the Hong Kong Stock Exchange on the 30th!
On December 30, SenseTime (00020.HK) was officially listed on the Hong Kong Stock Exchange, and after the opening of the market, the stock price rose all the way, the highest increase was as high as 22.08%, and the market value once exceeded 140 billion yuan, as of the close, it rose by 7.27% from the issue price, with a total market value of HK$137.456 billion
Founded in 2014 by Professor Tang Xiaoou of the University of Chinese of Hong Kong, SenseTime mainly focuses on original technology research and innovative artificial intelligence software, and is called "AI Four Little Dragons" together with Megvii Technology, Yuncong Technology and YITU Technology.
Since its inception, SenseTime has claimed to have always practiced the mission of "adhering to originality and letting AI lead human progress".
Xu Li, co-founder, chairman and CEO of SenseTime, said: "Technology is rapidly bridging the gap between virtual and real worlds. SenseTime's ARTIFICIAL intelligence technology focuses on the boundary between the virtual and the real world, on the one hand, to promote the full digitization of the real world, bringing about a transition in productivity; on the other hand, to project digital content into our reality perception to enhance the experience of life. ”
SenseTime's business covers four major sectors: smart business, smart city, smart life, and smart car, focusing on artificial intelligence applications such as face recognition, medical image recognition, video analytics, unmanned driving, and remote sensing, and its business involves multiple vertical industries.
According to the prospectus, as of June 30, 2021, senseTime had a total of more than 2,400 customers, including 250 Fortune 500 companies and listed companies, 119 cities and more than 30 automotive companies, empowering more than 450 million mobile phones and more than 200 mobile applications.
SenseTime seems to be very far away from us, but its application has long been integrated into our lives. For example, girls love to use "Ji Meng", small coffee show and other beauty camera applications, as well as airports, high-speed rail face verification, automatic security temperature detection and other tools are from SenseTime.
In the smart automotive industry, SenseTime started its in-vehicle business as early as 2016 and reached a strategic partnership with Honda in 2017.
With its experience in computer vision and deep learning original technologies, SenseTime has cooperated with the world's top car companies to develop autonomous driving, and has established cooperation with more than 30 car companies.
In July this year, SenseTime released its independent brand SenseAuto, which is committed to providing smart car solutions to car companies.
In terms of autonomous driving, SenseAuto Pilot is able to cover L2+ to L4 autonomous driving, and currently offers SenseAuto Pilot-V and the latest SenseAuto Pilot-P pilot solutions.
Among them, SenseAuto Pilot-V adopts a pure visual hardware solution, the effective detection distance can reach 200 meters, and supports ADAS functions such as automatic emergency braking, lane keeping assist, and dual warning.
SenseAuto Pilot-P adopts vision + millimeter wave radar-based hardware solution, including 7 cameras, 5 77GHz millimeter wave radar, supplemented by high-precision maps, which can achieve accurate perception and decision-making.
In addition, In 2020, SenseTime and its partner Hesai Technology released an embedded lidar solution, which can also be equipped with additional lidar to provide information redundancy in SenseAuto Pilot-P to further improve perception accuracy.
SenseAuto Pilot also has the ability to expand the automatic driving of urban roads and hopes to create a set of urban working conditions solutions that do not rely heavily on high-precision maps. At the same time, SenseTime has also developed FPGA computing chips for autonomous driving.
In terms of smart cockpit, SenseTime provides SenseAutoCabin intelligent cabin solutions, including SenseAuto Cabin-D driver perception system, SenseAuto Cabin-O cabin perception system, SenseAuto Cabin-K intelligent entry and other solutions, providing driver fatigue detection, contactless cabin interaction, perception confirmation of identity, adjustment of driving settings and other functions.
This intelligent cockpit solution has been applied to a large number of models such as Weipai Mocha and Jietu's X70 Zhuge Edition.
The listing will further enhance SenseTime's hematopoietic capabilities to achieve first-come, first-served.