On the morning of December 18, SenseTime made an announcement on the Hong Kong Stock Exchange, stating that the company intended to place 1.75 billion subscription shares on December 18, 2025, with an anticipated total placing amount reaching approximately HK$3.15 billion. These funds are set to be predominantly channeled into scaling up large-scale installations, elevating the proportion of localization efforts, and driving the development of applications tailored for multi-modal large model products. Notably, during the recent 'SenseTime Product Launch Week', the company has rolled out a series of product applications, all underpinned by the 'ShiShiXin' multi-modal large model.
