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Shangtang Technology’s launch date

Shangtang Technology will be listed on December 30, 2021, with an issued share capital of 1.5 billion shares.

On December 30, SenseTime Technology was officially listed on the Hong Kong Stock Exchange. SenseTime Technology’s share price has been rising, with an intraday increase of more than 22%.

Judging from the issuance rules and regulations, the amount of funds raised, issuance scale and price range of SenseTime's re-issuance have not changed, but the cornerstone investors have undergone major changes.

Relevant announcements show that SenseTime’s previous nine cornerstone investors are Mixed Ownership Reform Fund, Guosheng Overseas Hong Kong, Shanghai Artificial Intelligence Industry Equity Investment Fund, SAIC Hong Kong, GF Fund, Pleiad Fund, WT, Focustar apital, Focusar stewed and Helburned, the last four are foreign investors.

In the updated list of cornerstone investors, the above four foreign investors are no longer present, and GF Fund is also absent; while Xuhui Capital, Guotai Junan Securities Investment, Hong Kong Science and Technology Park Venture Capital Fund, Xima and Taizhou Cultural Tourism and other five cornerstone investors have recently joined.

Company Introduction

As the world's leading artificial intelligence software company, SenseTime takes "adhere to originality and let AI lead human progress" as its mission and "use artificial intelligence to realize the physical world and The connection of the digital world promotes the sustainable development of social productivity and brings people a better life experience that combines reality and reality."

Aims to continue to lead cutting-edge research in artificial intelligence, continue to create a more scalable and inclusive artificial intelligence software platform, promote economic, social and human development, and continue to attract and cultivate top talents, ** *Together we shape the future.

SenseTime has profound academic accumulation and long-term investment in original technology research, continuously enhancing industry-leading full-stack artificial intelligence capabilities, covering perceptual intelligence, decision-making intelligence, intelligent content generation and intelligent content enhancement. and other key technology fields, as well as key capabilities including AI chips, AI sensors and AI computing power infrastructure.

In addition, SenseTime has proactively built a new artificial intelligence infrastructure - SenseCore SenseTime AI large device, which integrates computing power, algorithms and platforms, significantly reduces the price of artificial intelligence production factors, and achieves high efficiency and low cost. , large-scale AI innovation and implementation, thereby opening up the closed loop of commercial value, solving long-tail application problems, and promoting artificial intelligence to enter the industrial development stage.

SenseTime’s technology business covers four major sectors: smart business, smart city, smart life, and smart car. Related products and solutions are well received by customers and partners.