CDH Investments is an international alternative asset fund manager with over $27 billion of assets under management. CDH Investments was established in 2002 by the former private equity group of China International Capital Corporation and is managed by an experienced team of senior private equity professionals who have worked together for many years focusing all their professional time on investing in China. CDH has consistently delivered superior returns relative to industry peers and is well positioned to continue to generate superior returns due to the team's proven investment experience and expertise investing in China.

CDH Investments

Founded in 2012, Sailing Capital (“Sailing”) is the first major private equity fund on the global stage with its initial capital raised domestically in Chinese Yuan (RMB). Sailing was initiated by Shanghai International Group (SIG) mainly for investment overseas.  Their LPs include some of the most successful and influential companies in China.  Their underlying fund size is currently set to reach RMB 50 billion (US$ 8 billion) and They have successfully completed Their first round of fundraising of RMB 12 billion (US$ 1.9 billion).  Sailing engages in direct investment and intends to establish industry-specific or geography-specific sub-funds to manage jointly with the key co-investor(s) in each.   Sailing’s commitments can take the form of equity, equity-linked, mezzanine and/or debt capital contributed on a full acquisition, majority or minority basis.   Sailing enjoys the flexibility to invest in a wide range of geographies and industry sectors.   Their multinational and experienced team possesses a variety of backgrounds in and outside of China, including Wall Street’s bulge bracket, the international legal community, blue chip conglomerates and the Big Four accountancies.

Sailing Capital

Established in 1995 as the first joint venture investment bank in China, China International Capital Corporation Limited (CICC) is a leader in providing comprehensive financial services including investment banking, capital markets, institutional and individual securities sales and trading, fixed income, asset management, private equity, individual wealth management and research.

CICC

StarVC is a Chinese venture capital firm that invests in the culture and entertainment, new media, mobile internet, and many other sectors.

StarVC

Dalian Wanda Group was founded in 1988 and operates in four major industries - commercial property, luxury hotels, culture & tourism, and department stores. In 2013, the company’s assets totaled 380 billion yuan ($62.8 billion), its annual income reached 186.6 billion yuan ($30.8 billion) and net profits exceeded 12.5 billion yuan ($2.06 billion).

WANDA Group

Advantech Capital is a private equity fund, focused on innovation-driven growth capital in China.

Advantech Capital

China Merchants Securities co. Ltd. provides investors with all-round professional services of securities investment and financing, including securities trading, securities financing and loan, securities issuance and underwriting, merger & acquisition, asset restructuring, financial consultation, asset management, and investment consultation. It wholly owns China Merchants Securities International, China Merchants Futures, and China Merchants Capital Investment, and is a shareholder in BOSERA Funds and China Merchants Fund, building a comprehensive securities service platform integrating both domestic and international business.

China Merchants Securities

Established in 2009, TCL Capital is the investment arm and a wholly owned subsidiary of TCL Corporation. TCL Capital management team came from TCL Corporation Strategic and Investment Management Corporation (SIMC), where SMIC has helped TCL Corporation invested in over 20 different deals. The management team is armed with vast experiences combining both finance and manufacturing. This gives their team international experience in investment, legal, and accounting combined with knowledge of TMT, medical, green energy, and new materials. Core team on average has over 10 years of investment experience and has achieved great performance on current deals. Successfully invested in medical, energy, IPTV, TMT, and has over 70 plus deals in portfolio.

TCL Capital

Huarong International Financial Holdings Limited. (''HRIF'', stock code: 993 HK) is a Hong Kong listed licensed company of China Huarong Asset Management Co., Ltd. (''China Huarong'', stock code: 2799 HK). The company's predecessor can be traced back to a local Hong Kong brokerage firm established in 1973. It was listed on the Stock Exchange of Hong Kong Limited in February 1994 and officially changed its name to HRIF in October 2015. Huarong International Securities Limited (own licenses No.1, 2 and 4 issued by the Securities and Futures Commission of Hong Kong), Huarong International Capital Limited (own licenses No.1 and 6 issued by the Securities and Futures Commission of Hong Kong) and Huarong International Asset Management Limited (own license No.9 issued by the Securities and Futures Commission of Hong Kong), the wholly-owned Hong Kong licensed subsidiaries of HRIF, business of which are three main categories: securities business, corporate finance and asset management business, respectively. Relying on the solid strength of the controlling shareholder China Huarong, HRIF gives full play to the professional advantages in asset management and financial services, to provide customers with one-stop and high-quality integrated financial products and services.

Huarong International Financial Holdings

5Y Capital is a firm engaged in providing early-stage venture investments. It was formerly known as Morningside Venture Capital. The investment firm manages USD 5bn in dual-currency funds in USD and RMB, backed by world-renowned sovereign wealth funds, family offices, fund of funds, university endowments, pensions, and foundations. It was headquartered in Xuhui, Shanghai, China in 2008 by Ken Shi and Richard Liu.

5Y Capital

Everbright-IDG Industrial Fund ( “the Fund” or “光际资本投资管理 (北京  )有限公司” ) is one of the leading M&A funds in the Chinese market. The Fund has a total committed capital of no less than RMB 20 billion. Their ultimate mission is to create the country’s most influential industrial M&A fund by helping foster industry-wide advances and sharing in significant profits with investors. They are well placed to seize historic investment opportunities afforded by the current developments in China’s M&A industry, through a razor-sharp focus on making value investments.

Everbright-IDG Industrial Fund

Co-Stone Capital is a leading China based private equity firm headquartered in Shenzhen. Founded more than 16 years ago, Co-Stone is one of China's earliest private equity institutions. Co-Stone Capital focuses primarily on China domestic growth stage and Pre-IPO opportunities, basing investment decisions on a deep understanding of the Chinese economy and company specific growth patterns. We put heavy emphasis on stable growth in key industries, including TMT, healthcare, consumer products & services and advanced manufacturing. Co-Stone Capital approaches the capital markets with broad vision but detailed focus, maintaining an emphasis on value-adding services. We have invested in over 100 companies, the majority of which were lead investments and have successfully exited from 40 companies through IPO, M&A or reverse mergers. Our exit rates and ROI are far in excess of industry averages. Co-Stone Capital has assets under management in excess of 40 billion RMB, across funds covering private equity, venture capital, PIPE, M&A and fixed income. Co-Stone has a diverse capital base, with LPs ranging across large insurance groups, government guided funds, funds of funds, large corporations, entrepreneurs and high net worth individuals. Co-Stone Capital has received numerous accolades from Forbes, Zero2IPO,ChinaVenture and other industry publications which consistently rank us in the top 10. Co-Stone Capital is headquartered in Shenzhen, with offices in Beijing，Shanghai and Hefei.

Co-Stone Venture Capital

Zhongping Capital is an alternative investment platform that provides equity investment management, M&A consulting, and financing agreements. The company was founded in June 2016 by Zhongfeng Capital.

Zhongping Capital

Infore Investment Holding Group Co.,Ltd ( Infore Group) was found in 1994 in Shunde, Guangdong, which is a diversified industrial investment holding group in rapidly developing stage. Throughout the ages, Infore Group is committed to building several leading industrial development platforms, based on the business model of “investment + industry”, with the mission of “ rooted in industry to create value”, aiming at becoming a first class diversified industrial investment holding group.

Infore Group

Alibaba Group operates as an online marketplace connecting buyers and sellers. It provides various e-commerce activities, including retail and wholesale transactions. It also offers cloud computing and digital media services. Alibaba Group serves industries such as retail, logistics, and technology.

Alibaba Group

Temasek Holdings is a lender provider. The company offers debt financing and focuses on transforming economies, increasing middle-income populations, developing comparative advantages, and emerging champions. Financial services, transportation, industrial, consumer, real estate, telecommunications, media, technology, and life sciences are among the industries served by the firm.

Temasek Holdings

Suning.com is an online shopping website that sells clothing, snacks, electronic devices, and appliances. The company also integrates smart retail, full category operations, omni-channel operations, logistics, global expansion, and financial cloud services to allow one-stop shopping solutions through physical stores, mobile devices, PCs, and TVs.

Suning.com

Fidelity International offers world class investment solutions and retirement expertise to institutions, individuals and their advisers - to help their clients build better futures for themselves and generations to come. As a private company they think generationally and invest for the long term. Helping clients to save for retirement and other long term investing objectives has been at the core of their business for nearly 50 years. They offer their own investment solutions and access to those of others, and deliver services relating to investing: For individual investors and their advisers they provide guidance to help them invest in a simple and cost effective way. For institutions including pension funds, banks and insurance companies they offer tailored investment solutions and full-service asset management outsourcing. And for employers they provide workplace pension administration services on top or independently of investment management. They are responsible for total client assets of : USD $379.2* billion from over 2.4 million clients across Asia Pacific, Europe, the Middle East, and South America.

Fidelity International

Silver Lake is a global technology investment firm focused solely on making large-scale investments in leading technology companies.

Silver Lake

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossover strategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

Tiger Global Management

HOPU Investment Management Company is a leading Asian alternative asset manager that specializes in creating proprietary investments driven by its unique network and strong fundamental analysis capabilities. It focuses on industries such as consumer, technology, healthcare, financial services, and logistics/real estate.

HOPU Investment Management Company

Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with over 150 active portfolio companies and more than 20 exits over a billion dollars, including 99 Taxis, Cruise Automation, Fitbit, Invensense, NQ Mobile, Waze, and more. As a global investor, Qualcomm Ventures helps connect entrepreneurs to the resources, relationships, and deep industry expertise they need to succeed in the mobile technology ecosystem.

Qualcomm Ventures

Singtel Innov8, the venture capital arm of the Singtel Group, invests in and partners with innovative tech start-ups worldwide. It has a fund size of US$250 million and its own set of decision making, approval and funding processes. Beyond funding, Singtel Innov8 is a gateway for start-ups to tap on the resources and expertise of the Singtel Group, while enabling the Group to gain access to emerging technologies. Singtel Innov8 focuses its investments on technologies and solutions that can lead to quantum changes in network capabilities, next generation devices, digital services and enablers to enhance customer experience. Headquartered in Singapore, Singtel Innov8 also has offices in San Francisco and Tel Aviv.

Singtel Innov8

SoftBank Vision Fund is a subsidiary of Softbank Group that specializes in growth capital and social impact investments. Sectors that the fund invests in include the internet of things, artificial intelligence (AI), robotics, communications infrastructure, telecoms, computational biology, biotech, cloud technologies and software, consumer internet businesses, financial technology, and mobile apps. The Fund is designed to be a catalyst for technology progress in anticipation that it will expand SoftBank's capabilities, accelerating progress towards SoftBank 2.0. It aims to invest in businesses and foundational platforms that SoftBank believes to revolutionize and innovate the world tomorrow.

SoftBank Vision Fund

ONEW is a company focusing on equity investment and management business of Chinese enterprises.

ONEW

Hermitage Capital is a technology focused PE firm with US$1.5 billion asset under management. With offices in Hong Kong, Shanghai and New York, Hermitage invests across the value chain of global technology sectors, in particular the AI, EV, Cloud, FinTech and Internet sectors. Founded in 2017 by Sean Xiang, an ex-J.P. Morgan investment banker, Hermitage is partnering with world-class entrepreneurs to create value for the investors, portfolio companies and communities. Hermitage’s active portfolio includes Tencent Music, Airwallex, Consensys, Horizon Robotics, SenseTime, PingCAP, XtalPi, Innovusion, ScaleFlux, WeDoctor, Lufax, Ximalaya, Medlinker, etc.

Hermitage Capital

iResearch is a financial investment platform under the iResearch Group. iResearch integrates 16 years of accumulated insights and data experience in the new economic field, integrates industry network resources, provides capital, talents, and market insight services for innovative entrepreneurs with a sense of social responsibility, and drives social progress together with outstanding entrepreneurs.

iResearch Capital

Founded in 2019, Parkway operates at the intersection of vision and execution with a focus on cutting-edge technologies and business models. The firm is largely focused on the trend of digital transformation of businesses, products and systems with software and hardware technologies in data science, artificial intelligence (AI), simulation, automation, spatial computing, internet of things (IOT), augmented reality (AR), generative design and optimization technologies.  Parkway primarily targets investments in the Climate Tech, Construction Tech (Contech), Property Tech (Proptech), Generative Design, Business Intelligence, Health Tech, Metaverse and Direct-to-Consumer sectors. Companies in which Parkway investments typically have a software as a service, unique technology, valuable patents and intellectual property that make them highly competitive in the market, valuable to potential strategic acquirers and/or display the potential for high growth annual recurring revenue.

Parkway Venture Capital

SenseTime

Ideaflow is an AGI-era content technology firm focused on developing a new generation of content platforms powered by multimodal artificial intelligence. Its offering, the Dream Dimension app, is an interactive content platform that features a variety of stunning AI sceneries.

ENGINEAI is committed to advancing the commercialization of humanoid robot technology worldwide.

Terminus Group is an international leading Al smart service provider, shaping the next generation of technology with Artificial Intelligence & Internet of Things (AloT). They are mission driven, and are devoted to providing our customers with high quality products, which focused on AI cities, sustainable development, and robotics. They aim to use their AloT engine to integrate standalone products into smart solutions, eventually paving the way to a world of interconnected AI cities.

TradeMonday is an AI-Powered Retail Experimental Platform assisting retailers and brand owners to instantly validate their business decision. The platform turns the product, social media, in-store traffic, and retail transaction data into actionable insight and empowers businesses in simulating global sales strategy and business risk management.  The platform analyses rich- transaction data from various sources globally helping businesses to reveal insights on the day-to-day business decision through visualizing the correlations between sales and demographic, discovering product demands and their hidden sales pattern, identifying the most profitable sales channel, in-store customer experience, consumer trend, and real customer voice and presents in an ease-to-use interface, API or integration that fits into SME and enterprise's needs.

Tusu Automation is an engineering construction service provider.

Yingchi Technology focuses on the research, development, and service of high-performance computing software platforms for smart cars and autonomous driving software products, with smart driving application-level operating systems and embedded artificial intelligence as core technologies. The self-developed EMOS middleware platform allows for deterministic communication and scheduling. The core module has received TÜV Rheinland's highest level of ASIL D product certification; the full-stack self-developed low-speed automatic driving algorithm EM-Parking System can be used in a variety of complex scenarios. Intelligent driving software and domain control solutions with EMOS have gone into mass production.

Anqing offers research and development of AI servers, as well as products and solutions for artificial intelligence, the Internet, cloud computing, security, government, transportation, finance, and electric power sectors.

Qingwei Intelligent Technologies creates artificial intelligence chips that may be reconfigured to improve energy efficiency. The company's chips are designed with low power consumption, intelligent speech and visual features in mind, providing customers with a better consumer electronics experience and application.

Tianhu Technology provides drug research and development services through independent collaborative closed-loop iterations, deeply integrating AI solutions with the drug development and production process. Tianhu Technology is an innovative drug R&D company that offers high-throughput phenotypic screening and physical computing technology, as well as AI solutions that are deeply integrated into the drug R&D process.

B+ Oil Can is a beauty collection store brand. Based on big data, it collects global cosmetics, skin care, fragrance, home accessories and other aesthetic items. It recommends aesthetic solutions for users through smart terminals, and realizes the change of all those who pursue a better life. Beauty vision.

Zhiyuanhui is a provider of intelligent intelligence solutions for artificial intelligence. It focuses on urban public transportation and relies on the Internet to establish Internet + information services that meet consumers' needs for public travel information services, smart travel, and urban life information. The whole industry chain company of R&D, manufacturing and investment operation of the platform is the smart carrier solution provider with the most artificial intelligence features in the field of smart travel.

Histo Pathology Diagnostic Center is the first and largest independent third-party pathological diagnostic center in China.

Ling Technology was established during September 2016 as a global AI technology company and targeting the AI Internet era. The company is dedicated in design, research, product, distribution, and operation of a series of consumer AI products that will push the limit of the industry as well as dedicated to becoming the premiere brand in the global consumer and family AI product market.

HOOOON is an AI education robot design, manufacturing and operation service company.

Moviebook is a Chinese startup in the video recognition and online video technology areas. It is committed to developing video interaction platform of revolutionary significance and high commercial value. Driven by technology, its innovation is embracing the online video industry, and is opening a creative development path. Moviebook is based in Beijing, China.

Suning Sports is the sports arm of Suning's group of companies that aims to offer the best-in-class products and services to sports fans. The company aims to harness resources and to develop an elite international sports group. Areas of expertise include Club Operation Management, Sports Media Operation, Youth Training, Sports Copyright Operation, Sports Commercial Operation, and Sports Real Estate Development. Suning Sports owns three football clubs: Jiangsu Suning Football Club, Jiangsu Suning Ladies Football Club, and F.C. Internazionale Milano. PP Sports, owned by Suning Sports, is the first sports media platform in China to own the exclusive copyrights of Europe's Big Five Football Leagues: the Premier League, La Liga, Serie A, Bundesliga, and Ligue 1. PP Sports also owns the copyrights of other major sports events such as CFA, CSL, AFC, and WWE.

Zhejiang Qilian Network Technology (abbreviation: Qilian Health) was established in 2014. It is located in Hangzhou, the most dynamic Internet city, formerly known as the Wireless Business Division of Lianlian Group. It has focused on the medical Internet industry for many years and is committed to Internet technology has established a large platform for serving patients, doctors, and hospitals. With the mission of “creating the health services around us”, we strive to realize the vision of “making life more healthy”. Currently, Qilian Health has completed billion-round B-round financing, and its business scope has expanded from hospital WIFI, patient-side APP, and medical-end APP to providing one-stop hospital Internet of Things application solutions. At the beginning of its establishment, Qilian HealthTaking the hospital WIFI as an entry point, it has invested a lot of resources to deepen the hospital scene services. With the world's leading professional technology, industry-leading product portfolio, and top-notch partners, it has successfully served thousands of large-scale general hospitals. Currently, it has signed more than 1,700 hospitals in 245 cities (including more than 400 triple-A hospitals), covering more than 900 million outpatient visits, and the total number of AP coverage is nearly 100,000, which exceeds the total number of competitors in the industry and has become China's largest hospital WIFI service provider. With high-quality hospital WIFI as the carrier, Qilian Health has designed a modular user-centric service design and launched the Medicare Xiaobian Medical Aid APP, a corporate employee health management platform, and a health APP. Xiaoyi Medical Aid App is positioned as a medical aide and provides medical staff with free access to the Internet, electronic cloud cases, medical tools, case exchanges, clinical guidelines and other medical tools. At present, Xiaoyu Medical Assistance APP installs 750,000+ users and registers medical personnel 170,000+. Health App, which assembles top medical resources in the country and relies on artificial intelligence to accurately interpret personal health data in a comprehensive manner. It customizes personalized health management programs, differentiated exercise prescriptions and balanced meal plans for companies, builds corporate health service ecosystem, and enables employees to Healthier and more dynamic. Based on the absolute market share in the hospital's Wi-Fi market, Qilian has quickly and effectively deployed hospital Internet of Things and has reached a strategic cooperation with well-known equipment manufacturer Foxconn, and will jointly invest in establishing a joint venture to provide IoT application solutions for medical institutions. Qilian is responsible for the business development, signing, and development and implementation of Internet of Things projects. Foxconn provides special equipment, platforms, and building technologies for hospital Internet of Things, centering on outpatient and hospitalization scenarios, and using WIFI, LoRa and other Internet of Things technologies to achieve The opening of the hospital's resources and services helps medical institutions reduce operating costs, improve service efficiency, and increase revenue. With the acceleration of consumer upgrades and aging, and the rapid development of network technology, “Internet+Medical” and “Internet of Things+Medical” have broad prospects and space. In the future, Qilian will deepen its cultivation of big data and medical and health industries. Through cooperation with professional companies and hospitals in general, Qilian will rapidly grow and expand and will create healthy services around them to make life healthier.

Xinedge is a high-tech company that concentrates on the investigation, creation, manufacturing, and sale of intelligent security devices. It is dedicated to using technology for intelligent visual processing in security and other industries. Utilized in power plants, oil and gas fields, airports, transportation, and many other industries, face-based surveillance systems, crowd analysis systems, and video analysis integrated management platforms have developed into mature solutions for many market segments. The business has forged strategic alliances with manufacturers and integrators and built enduring working connections with significant clients in the sector.

Beijing 51WORLD Digital Twin Technology Co., Ltd. (51WORLD) is a digital twin platform company. The company is committed to creating a real, complete and enduring Digital Twin World. Based on the original All Element Scene (AES), 51WORLD integrates physical simulation, industrial simulation, artificial intelligence, cloud computing and other technologies to establish a digital twin application ecosystem, assist governments and enterprises to carry out the transition to new-era digitalization, and promote digital twin to become a new basic infrastructures. The company brings value to clients through a set of exclusive, self-developed industries solutions. With our All Element Scene, 51Sim-One autonomous driving and simulation platforms, WDP and other solutions, we have helped our clients to achieve data integration from multiple sources, foundation of digital city base, real-world scenario simulation, and much more. Our range of solutions offer clients a flexible and powerful set of tools to tailor application features to their own needs, contributing to secondary development based on digital twins and the building of a Digital Twin ecosystem. 51WORLD digital twin technology and platform have been applied in nearly 1,000 government enterprises and more than 100 cities, covering smart cities, parks, automobiles and transportation, water affairs, ports, aviation, energy, real estate and other industries. Among them, representative cases include digital twin applications in national new areas such as Xiongan New Area, Chongqing Liangjiang New Area, Nanjing Jiangbei New Area; Haidian City Brain, Huawei Shenzhen Bantian Headquarters, Chang'e 5 UAV Simulation Training System, Changsha Wuyi Square Station Digital Twin simulation operation platform, etc.

Linkface is a technological company focusing on computer vision research. They provide real-name identity verification, text information recognition, basic data querying, user portraits, anti-fraud solutions, and other automated solutions to help financial customers create a safer, more efficient, and smarter service experience.

SenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. Upholding a vision of advancing the interconnection of physical and digital worlds with AI, driving sustainable productivity growth and seamless interactive experiences, SenseTime is committed to advancing AI research, developing scalable and affordable AI software platforms that benefit businesses, people, and society, as well as attract and nurture top talents to shape the future together. With their roots in the academic world, we invest in original and cutting-edge research that allows them to offer and continuously improve industry-leading, full-stack AI capabilities, covering key fields across perception intelligence, decision intelligence, AI-enabled content generation, and AI-enabled content enhancement, as well as key capabilities in AI chips, sensors and computing infrastructure. Their proprietary AI infrastructure, SenseCore, allows us to develop powerful and efficient AI software platforms that are scalable and adaptable for a wide range of applications. Their technologies are trusted by customers and partners in many industry verticals including Smart Business, Smart City, Smart Life, and Smart Auto. SenseTime has been actively involved in the development of national and international industry standards on data security, privacy protection, ethical and sustainable AI. As of June 30, 2021, SenseTime has participated in the formulation of over 80 national or international industry standards, working closely with multiple domestic and multilateral institutions on ethical and sustainable AI development. SenseTime was the only AI company in Asia to have its Code of Ethics for AI Sustainable Development selected by the United Nations as one of the key publication references in the United Nations Resource Guide on AI Strategies published in June 2021. They have offices in markets including Hong Kong, Mainland China, Macau, Taiwan, Japan, Malaysia, Singapore, South Korea, Saudi Arabia, and the United Arab Emirates, among others, as well as a presence in Thailand, Indonesia, and the Philippines.

<div>  <p>    SenseTime Group Inc. (HKEX: 0020) is a leading artificial intelligence software company based in China. Founded in 2014 by Professor Tang Xiao'ou and his students at the Chinese University of Hong Kong, SenseTime has rapidly grown to become one of the world's most valuable AI startups, with a valuation of USD 4.5 billion as of 2019.  </p>  <p>    SenseTime's core technologies include facial recognition, image recognition, object detection, and text recognition. The company offers AI solutions across various industries including smart cities, smartphones, internet entertainment, automobiles, retail, and healthcare. Its key products include SenseFoundry for smart city management, SenseFoundry Enterprise for business digital transformation, and SenseME for IoT devices. SenseTime's facial recognition technology has been widely deployed in China for surveillance and security purposes, with the company working with over 40 local government authorities.  </p>  <p>    In recent years, SenseTime has expanded its focus to generative AI, launching a ChatGPT-style chatbot in August 2023. The company has invested heavily in AI infrastructure, opening a major data center in Shanghai in January 2022 with 3.74 exaFLOPS of computing power. However, the company successfully listed on the Hong Kong Stock Exchange in December 2021, raising USD 740 million in its IPO. As of 2024, SenseTime continues to be a leader in China's AI industry, though it faces increasing competition in areas like generative AI.  </p></div>

Chinese AI developer SenseTime seeks US$358 million from stock placement to fund expansion

Foundation Models

Foundation models that can handle a range of natural language processing (NLP) use cases. Typical tasks include generating summaries, translating, answering questions, and classifying text. These models typically use text inputs and generate text outputs.

Fine-tuned versions of large language models, which are focused on specific tasks and applications (e.g. code generation, medical event prediction, financial NLP tasks, etc). These are usually developed by training LLMs using custom data and also serve as foundation models that can be developed even further. These models typically use text inputs and can generate text and/or code outputs.

Foundation models that translate visual data based on features and contextual information identified during training. This enables models to interpret images and video, applying those interpretations to predictive or decision-making tasks. Typical tasks include image recognition and classification into categories. These models typically use image and/or video inputs and generate text outputs.

Foundation models that are trained to understand and work with two or more forms of input data (e.g., text and images) to solve problems and complete tasks using both natural language processing and computer vision. These models can also generate outputs across textual and visual modalities. Typical tasks include visual question answering, image captioning, and generating images based on text descriptions. These models typically use text and/or visual inputs and generate text and/or visual outputs.

Foundation models that use big data to suggest or recommend additional products to consumers. These models are designed to predict user-item interaction probabilities and provide recommendations to users. The models are trained to make these inferences based on historical data on customer interactions and non-interactions. These models typically use user features, item features and user interactions as inputs, and generate numeric values like ratings predictions and matching probabilities as outputs.

Foundation models that are capable of automatic speech recognition, transcription in multiple languages, and translation from these languages to English. These are sometimes referred to as audio models. These models typically use speech/audio as inputs and generate text outputs.

Foundation models that transform user text prompts into video clips.

Foundation models that generate music from text descriptions.

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

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<p>SenseTime has released the advanced version of its multimodal model, named SenseNova 5.5. This updated model has improved upon its previous version, SenseNova LLMs, which was acclaimed for its impressive performance, showing a 30% improvement.</p>
<p>In addition to these performance enhancements, SenseNova 5.5 advances with a new feature - an improved and economically feasible large model for Edge computing. This significant advancement has resulted in a substantial cut-down in annual costs, reducing it to a mere RMB 9.90 (equivalent to USD 1.36) for each device. </p>
<p>Notably, the highlights of SenseNova 5.5 do not end at performance and cost-efficiency. According to recent reports, this model has demonstrated superior performance compared to GPT-4 in more than half of the critical benchmarking metrics, specifically in five out of the eight key aspects.</p>

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