[UOB Kay Hian Exclusive] Listed Companies Webinar - SenseTime (0020.HK)

SenseTime is one of the largest AI software company in Asia and one of the largest computer vision software provider in China. The company was established in Hong Kong in 2014, with its founding team originating from the Multimedia Laboratory of the Chinese University of Hong Kong, which was established in 2001. The group's business covers four major sectors including smart business, smart city, smart life and smart auto, which are used in areas such as urban management, property management, transportation and healthcare.

Competitive Advantages	Leading R&D Capacities There are 40 professors in SenseTime to lead their research works, and approximately two-thirds of their over 5,000 employees were scientists and engineers. Since its establishment, it is recognized by over 70 first-prize awards in global academic competitions, more than 600 top-tier academic paper publications and over 8,000 AI patents and patent applications. Powerful Computing Infrastructure SenseTime has built up a leading AI infrastructure with 27,000 GPUs, capable of delivering a total computational power of 5,000 petaflops, making it one of the largest intelligent computing platforms in Asia. In 2022, SenseTime AIDC in Shanghai Lingang opened for operation, which is one of the largest AI computing centers in Asia. Strong Customer Base SenseTime’s software platforms had been used by over 2,400 customers, including over 250 Fortune 500 corporations, other publicly-listed companies, 119 cities and over 30 automobile companies. The company developed the business model of “IaaS”, supported 8 key customers to train their customized large model, covering the internet, banking, gaming and scientific research sectors.
Strategic Plan	SenseTime has a strategic plan for advancing AGI (Artificial General Intelligence) development through the combination of “foundation models + large-scale computing”. Under this strategy, the company launched “SenseNova” foundation model set, introducing a variety of capabilities including text-to-image creation, 2D and 3D digital human generation and AI Chat bot “SenseChat” which can assist in computer programs development, health consultation and providing personalized medical advice, etc. The company will focus on the research and development of large models and actively invest in the construction of high-performance computing infrastructure for AI. The company will also focus on AGI as core development strategy, with a view to achieve major breakthroughs over the next few years.
Market Capitalization	Around HKD 100 billion