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SenseTime Group Reports Record High Revenue of Over RMB 5 billion in 2025; Second Half EBITDA Turns Positive
The Company has successfully transitioned from a technological investment phase into a period of sustainable and accelerated growth. During the reporting period, its endogenous growth momentum continued to strengthen, alongside improved capital efficiency and resilient cash flow generation. Trade receivables collection rose to a record RMB 4.87 billion. Operating cash flow recorded a positive net inflow in the second half of 2025, marking the first such achievement since listing.
Looking ahead, the Company plans to launch a new foundational model based on its second-generation NEO architecture in the second quarter of this year. The model is expected to deliver a further step in efficiency and cost-effectiveness, enabling the broad deployment of agentic AI applications.
Dr. Xu Li, Chairman of the Board and Chief Executive Officer of SenseTime, said: “We firmly believe that the deep integration of language and vision represents the most effective path to pushing the boundaries of artificial intelligence. Built on our innovative NEO architecture, we have achieved unified understanding and generation, while exploring a new ‘Scaling Law’ for multimodal intelligence. These technological breakthroughs, together with the deep integration of agentic AI, will unlock new application possibilities and enable a new generation of vertical use cases. While continuing to drive innovation in core technologies, SenseTime has delivered dual growth in both revenue and EBITDA, demonstrating strong growth resilience and operational efficiency across the industry, and is steadily advancing towards high-quality development.”
Continuously rolling out native multimodal large models, “efficiency enhancement + cost reduction” drives accelerated commercial growth
In 2025, SenseTime continued to invest in cutting-edge R&D, delivering breakthrough progress across large-model architecture innovation, training paradigms, inference efficiency, and spatial understanding, while maintaining its leading position in China.
The performance of the SenseNova multimodal large model continues to improve steadily, maintaining long-term leadership across multiple authoritative benchmarks. The Company has successively released and open-sourced the SenseNova-SI Spatial Intelligence Model. In a comprehensive evaluation incorporating several internationally recognized spatial intelligence benchmarks, SenseNova-SI delivered outstanding results, ranking first globally among peer models. In parallel, the open-source Kairos-SenseNova became the first embodied native world model to achieve integrated multimodal understanding, generation, and prediction. In December 2025, SenseTime also unveiled and open-sourced NEO, an fundamentally new native multimodal model architecture. NEO achieves state-of-the-art performance comparable to industry peers of a similar scale while requiring only one-tenth of the training data and computing power. Together, these breakthroughs redefined model training paradigms and inference efficiency, marking SenseTime’s entry into a new phase in its pursuit of deep multimodal integration
Leveraging the leading capabilities of its SenseNova multimodal large model, SenseTime has established a robust, scalable and replicable B2B business model. By applying a comprehensive framework that assesses task complexity and fault tolerance, the Company is able to unlock the closed-loop value of AI agents across strategic use cases, including office productivity, finance, marketing, and content generation. Its customer base spans a broad range of industries, encompassing automotive, smart devices, consumer goods, Internet services, embodied intelligence, financial services, education and healthcare.
Meanwhile, SenseTime has continued to make progress in developing a new generation of AI-native consumer applications. The Kapi product series has successfully built a user base numbering in the tens of millions, underscoring the strong growth potential of AI-native applications and demonstrating the Company’s ability to embed advanced AI technologies into everyday life.
SenseCore: Deeper coordination between computing infrastructure and model R&D unlocks international commercial potential
As the core technological pillar of its “Infrastructure – Model – Application” strategy, SenseCore achieved a significant transition in 2025, converting technological strengths to a fully developed industrial closed loop. During the year, it supported nearly one million model R&D tasks, effectively unlocking the full chain from underlying hardware to top-level applications, and from software stacks to model adaptation. Notably, the LightX2V World Model Inference System delivered breakthrough performance on domestic hardware, outperforming leading overseas chips.
SenseCore accelerated collaboration across China’s domestic technology ecosystem, positioning itself as a key chain master within industry. It partnered with more than a dozen chip makers, including Huawei Ascend, Hygon and Cambricon, to launch the SenseCore Computing Power Mall. SenseCore has since become a core partner of leading research institutes, Internet giants, pan-entertainment groups, embodied-intelligence robotics firms and large-model unicorns, and has also launched China’s first overseas Chinese-led computing cluster in Saudi Arabia.
As of the release of this result announcement, the total operational computing scale of SenseCore had reached 40,400 PetaFLOPS (FP16).
CV 2.0 records first‑ever net profit and positive cash flow; “X” Businesses gains strong recognition from external investors
SenseTime’s Computer Vision (CV; Visual AI) business is transitioning from a technology investment phase into a period of large-scale commercial returns. During the reporting period, CV 2.0 achieved profitability for the first time and generated positive cash flow for a second consecutive year, emerging as a key driver of the Company’s revenue growth and cash-flow improvement. SenseTime has maintained the leading position in China’s CV market for nine consecutive years. Internationally, clients across Southeast Asia, Northeast Asia and the Middle East continued to repurchase CV products and services, while interest increased from clients in South America, Europe and other regions, forming a replicable, scalable “Chinnovation” model for global expansion.
In 2025, SenseTime firmly advanced its “1+X” strategy, establishing a highly efficient collaborative system in which the core platform (the Company) provides foundational capabilities, while ecosystem partners compete and scale within targeted verticals. This marked a strategic shift from standalone business expansion towards the multiplication of ecosystem-wide value. Ecosystem enterprises incubated by SenseTime made steady progress in financing during the year, attracting strong interest from external investors including Internet giants, leading venture capital firms and industrial funds. Notably, the edge AI chip and intelligent driving business successfully completed financing rounds and were subsequently spun off to operate independently.
Looking ahead to 2026, the Company believes it is well positioned to compete in the critical phase of the global AI industry. It will continue to deepen its native multimodal architecture, reinforcing its global leadership in the integration of native multimodal large models and spatial intelligence. Meanwhile, the Company plans to capitalize on opportunities in the merging agentic AI market, targeting rapid growth in both user scale and commercial value. The Company will also accelerate the adaptation of domestic Chinese chips, further reduce large-model inference costs, and enhance product competitiveness through superior cost-performance. Within its Visual AI business, it will leverage both domestic and international growth engines to drive large-scale expansion and establish a global benchmark for intelligent industries. In parallel, the Company will continue to advance its “1+X” strategy to capture incremental returns arising from the accelerating intelligent transformation of vertical industries.
Hashtag: #SenseTimeGroup
The issuer is solely responsible for the content of this announcement.
About SenseTime
SenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. We are committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society as a whole, while attracting and nurturing top talents to shape the future together.
With our roots in the academic world, we invest in our original and cutting-edge research that allows us to offer and continuously improve industry-leading AI capabilities in universal multimodal and multi-task models, covering key fields across perception intelligence, natural language processing, decision intelligence, AI-enabled content generation, as well as key capabilities in AI chips, sensors and computing infrastructure.
SenseTime’s business spans generative AI, vision AI, and innovative businesses. Through high-efficiency, low-cost, and scalable AI innovation and deployment, we complete the commercial value loop and lead the industrialization of artificial intelligence. Built with strategic foresight, our next-generation AI infrastructure, SenseCore, integrates computing power, algorithms, and platforms. Based on this foundation, SenseTime’s ‘SenseNova’ large model and R&D system can enable general AI tasks at a low cost. In addition, SenseTime continues to lead the vision AI market. Leveraging years of accumulated expertise in vision AI and empowered by cutting-edge multimodal large models, our SenseFoundry platform provides more stable and efficient vision AI support across diverse industries globally.
SenseTime advocates for a philosophy of “balanced development” in AI ethics and actively participates in the formulation of industry, national, and international standards related to data security, privacy protection, AI ethics, and sustainable AI. It has established close collaboration with multiple institutions in the Chinese Mainland and multilateral organizations to promote the sustainable and ethical development of AI. SenseTime’s Code of Ethics for Sustainable AI Development was included in the United Nations’ “Resource Guide on AI Strategies”, and its related research and practices have been repeatedly recognized by international partners.
SenseTime Group Inc. has successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). We have offices in markets including Hong Kong, Shanghai, Beijing, Shenzhen, Chengdu, Hangzhou, Xi’an, Singapore, Bangkok, Kuala Lumpur, Riyadh, Abu Dhabi, Dubai, and Seoul, among others, as well as a presence in Germany, Thailand, Indonesia and the Philippines. For more information, please visit SenseTime’s official website or 
LinkedIn, 
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Facebook pages.
Media OutReach
Andrea Bocelli Celebrates 30 Years Anniversary Tour of Romanza with Two Spectacular Concerts in Indonesia
JAKARTA, INDONESIA – Media OutReach Newswire – 20 August 2026 – Shoemaker Live and Jakarta International Expo are pleased to announce an extraordinary celebration of music and legacy as the incomparable Andrea Bocelli returns to Indonesia with Bank SMBC Indonesia and BNI present: Andrea Bocelli Romanza 30th Anniversary World Tour Indonesia. Two Wonders, One Voice, the concerts commemorate three decades of the world’s most celebrated classical crossover albums. The highly anticipated Indonesia leg will present two distinctive performances, beginning at the majestic Borobudur Temple in Magelang on October 31, followed by a second performance at Jakarta International Expo (JIExpo) Kemayoran, Jakarta, on November 3. These two concerts will be Andrea Bocelli’s only public performances in the Asia Pacific region in 2026, making Indonesia the exclusive destination in the region to experience this milestone celebration. Together, the two performances will offer audiences an extraordinary journey through music, artistry, and Indonesia’s diverse cultural landscape.
These two concerts will be Andrea Bocelli’s only public performances in Southeast Asia in 2026, making Indonesia the exclusive destination in the region to experience this milestone celebration. Presented across two remarkable settings, the concerts offer audiences from Indonesia and across Southeast Asia a rare opportunity to witness one of the world’s most celebrated voices live.
“It is truly an honor to bring a world-class maestro like Andrea Bocelli to Indonesia. Music and craftsmanship share a deep connection, both shaped by dedication, patience, and attention to detail. Romanza concert is especially meaningful as it brings this timeless artistry to two remarkable settings, Borobudur and Jakarta, creating moments audiences can cherish long after the music ends,” said Prajna Murdaya, Founder of Shoemaker.
Released 30 years ago, The Romanza album became a defining milestone in Andrea Bocelli’s illustrious career, introducing audiences worldwide to his signature voice and timeless repertoire, including the iconic “Con Te Partirò.” The anniversary tour celebrates the enduring legacy of an album that continues to resonate with audiences across generations.
More than a celebration of an iconic album, Bank SMBC Indonesia and BNI present: Andrea Bocelli Romanza 30th Anniversary World Tour Indonesia brings together two remarkable destinations and one legendary voice to create an immersive cultural experience. From the historic grandeur of Borobudur to the dynamic atmosphere of Jakarta, the performances reflect the meeting point between global artistry and Indonesia’s rich cultural identity, also to celebrating 30 years of Andrea Bocelli’s musical legacy and creating an unforgettable night that will be remembered and talked about for years to come.
The Indonesia tour also marks an important moment for the country’s growing cultural and entertainment landscape, demonstrating its ability to welcome internationally acclaimed artists while offering audiences The Borobudur performance is envisioned as a once in a lifetime cultural experience, continuing the tradition of Andrea Bocelli’s landmark performance staged at globally renowned heritage sites around the world, from the Pyramids of Giza, the Acropolis, to the Vatican, where extraordinary music, iconic locations and historic settings come together to create truly memorable experiences.
As part of the Borobudur experience, audiences will also discover a cultural village showcasing the best of culturally rich Magelang and Central Java, bringing together the region’s cultural heritage, traditions, and local character. Ticket holders will receive exclusive access to the cultural village on the day of the concert, allowing the experience to extend beyond the performance and into the cultural landscape surrounding Borobudur.
“InJourney plays a strategic role in connecting Indonesia’s aviation and tourism ecosystem from airport and aviation services to hospitality, destinations, and retail to create a seamless, world-class journey for every traveler. International events such as Andrea Bocelli at Borobudur demonstrate the power of this integrated ecosystem to bring Indonesia’s heritage, hospitality, and global connectivity together on the world stage, while strengthening Indonesia’s nation branding through culture and tourism. For us, Borobudur is more than a destination. It is a UNESCO World Heritage Site and a powerful national asset to elevate Indonesia’s position in global tourism. Our ambition is to develop Borobudur as a world-class spiritual, cultural, and pilgrimage destination, also creating meaningful, high-value experiences while preserving its legacy for generations to come,” explained Maya Watono, President Director of InJourney, PT Aviasi Pariwisata Indonesia (Persero).
The Borobudur performance comes amid a growing calendar of cultural experiences around the destination, following Orchestra Month by InJourney and Borobudur Moon, organized by the Magelang Regency Government. Together, these initiatives contribute to a broader effort to position Borobudur and Central Java as destinations where cultural heritage and world-class artistic experiences can come together.
Bank SMBC Indonesia supports Andrea Bocelli’s Landmark Indonesia performance as presenting partner. Commenting on the partnership, Deputy President Director of Bank SMBC Indonesia, Michellina Laksmi Triwardhany, explained that the collaboration reflects Bank SMBC Indonesia’s commitment to bringing together meaningful experiences for its customers and the Indonesian community.
“As Presenting Partner, Bank SMBC Indonesia is proud to support Andrea Bocelli’s performance in Indonesia, particularly at Borobudur, one of Indonesia’s most significant cultural heritage sites. We believe in bringing together masterpieces, moments, and experiences that are meaningful to the Indonesian people. This collaboration is a celebration of extraordinary music, Indonesian’s rich cultural heritage, and the experiences that connect us, “said Dhany
She added that the partnership is aligned with Bank SMBC Indonesia’s commitment to continuously delivering meaningful services, experiences, and innovations that create a positive impact for customers, businesses, society, and the broader Indonesian economy.
Alexandra Askandar, Deputy President Director of Bank Negara Indonesia (Persero) Tbk. (BNI), said, “The arrival of Andrea Bocelli’s Romanza 30th Anniversary World Tour in Indonesia is a special moment that further strengthens Indonesia’s position as a destination for world-class cultural experiences. We are proud to be part of bringing this exceptional international performance to audiences in Indonesia.”
Beyond the concert itself, BNI believes an international event of this caliber can create a meaningful multiplier effect for Indonesia’s tourism and creative economy, benefiting sectors ranging from hospitality, transportation, and culinary businesses to MSMEs, while further strengthening Indonesia’s position as a destination for world-class events.
“For BNI, supporting this event is also about creating greater value for our customers. Through various exclusive offers and seamless payment solutions, we aim to make this world-class performance more accessible and enjoyable for BNI customers. We are also pleased to offer our Priority customers special privileges that reflect our commitment to providing a more personalized experience when enjoying this exceptional performance,” said Alexandra
Tickets range for Bank SMBC Indonesia and BNI present: Andrea Bocelli Romanza 30th Anniversary World Tour Indonesia starts from IDR 1,000,000 to over IDR 15,000,000 for premium categories. The highest priced ticket categories will also include access to an exclusive pre-event VIP lounge, offering guests a more elevated concert experience. An exclusive 72-hour presale for Jenius and BNI debit and credit cardholders will be held from Friday, August 21, 2026, at 1:00 PM WIB to Monday, August 24, 2026, at 1:00 PM WIB, offering up to 20% off. Tickets are available exclusively via Tiket.com during this period.
To complement the concert experience, ticket purchasers can also access travel bundles combining concert tickets with transportation and hotel stays through Tiket.com. Visitors can further explore curated experiences around Borobudur through InJourney’s MyCandiGuide app and website, making it easier to extend their visit into a broader cultural and destination experience.
Bank SMBC Indonesia and BNI present: Andrea Bocelli Romanza 30th Anniversary World Tour Indonesia invites audiences to celebrate three decades of timeless music across two extraordinary destinations in Indonesia. More than an evening of iconic songs, it is an experience to be deeply felt, as Bocelli’s voice brings people together through moments of emotion, connection and wonder. Long after the final note, audiences will not only remember the performance, but carry the feeling of that extraordinary night with them for years to come.
For more information, please visit the official websites andreabocelli.id, and Instagram @shoemakerstudios.
Hashtag: #ShoemakerStudios
The issuer is solely responsible for the content of this announcement.
About – Andrea Bocelli
Proclaimed around the world as the icon of the highest Italian vocal tradition, Bocelli has sold in-excess of 90 million albums to date. He improved his singing skills under the guidance of his mentor, Franco Corelli, and initially became widely famous for winning the Sanremo Music Festival in 1994 as the Newcomers section. At the same time, he started his dazzling classical career, performing masterpieces from the opera repertoire on stage – conducted by Lorin Maazel, Seiji Ozawa and Zubin Mehta. The more recent recordings of the Tuscan tenor include Manon Lescaut conducted by Plácido Domingo, Turandot and – released in 2016 – Aida conducted by Zubin Mehta. In 2017, Bocelli recorded La forza del destino and in 2018 he recorded – and performed in theatre – Lucia di Lammermoor.
About – Shoemaker Studios
Shoemaker Studios was founded by Prajna Murdaya, Harmoko Aguswan, and Nikita Dompas and Melon Lemon as a recording studio for world-class artists. It has since grown into a creative platform spanning live event production and live session content, bringing high-caliber music and cultural programming to Indonesian audiences.
In 2019, Shoemaker produced Yo-Yo Ma: The Bach Project Jakarta, the cellist’s first-ever Jakarta concert, setting a new benchmark for international performances in Indonesia. Its live session series, Hearafter, captures artists in unedited, one-take performances: no cuts, no retakes, just a song as it’s actually played.
Shoemaker is now expanding beyond recording and content production into live music, creative lifestyle experiences, and original IP — a shift anchored by its role in Andrea Bocelli’s Romanza 30th Anniversary Tour. The goal: spaces where artists, audiences, and communities meet, exchange inspiration, and experience creativity’s transformative power.
About – Bank Negara Indonesia (Persero) Tbk. (BNI)
PT Bank Negara Indonesia (Persero) Tbk (BNI), one of Indonesia’s leading banks, is committed to offering a wide range of financial solutions for individuals and supporting the growth and success of businesses—both domestically and globally. Dedicated to building long-term partnerships, BNI provides a comprehensive suite of financial services, including capital loans, trade finance, cash management, project financing, and treasury services. BNI supports Indonesian companies in expanding their global reach while also assisting multinational corporations in entering the Indonesian market.
To learn more about BNI’s products and services, please visit: 
https://www.bni.co.id/
Mr Munafò joined Allianz Trade in 2015 as part of the Multinationals team and has spent over a decade shaping the company’s commercial strategy across four regions. Rising through key account management roles spanning MMEA, APAC, and Northern Europe – including his appointment as Regional Account Director for Northern Europe in 2021 – he was named Group Head of Broker Management and Partnerships in 2025, where he was responsible for defining and executing Allianz Trade’s global commercial and distribution strategy and strengthening broker partnerships across multiple regions. Mr Munafò holds an MBA from POLIMI Graduate School of Management (Politecnico di Milano) and a degree in Law from Università Bocconi with a major in Public Sector and Law.
On this appointment, Rodrigo Jimenez, Regional CEO at Allianz Trade in Asia Pacific, says: “Over the past decade, Scott has built extensive experience across various regions, demonstrating a strong track record in growing commercial portfolios, building strategic partnerships, and maintaining exceptional customer retention. His international experience, commercial leadership, and deep understanding of our business make him exceptionally well positioned to lead our China operations. I am confident that, together with the local management team, Scott will successfully drive our growth ambitions and deliver continued success in this important and fast-growing market.”
Mr Munafò remarks: “Allianz Trade has been part of China’s trade story for nearly two decades – built on the strength of our team, our partners, and our customers who have trusted us through every cycle. I am honoured to be entrusted with what so many have built together. My commitment is simple: to keep listening, to keep creating lasting value and to ensure the next chapter sets a new standard.”
Hashtag: #allianztrade #tradecreditinsurance
https://www.allianz-trade.com/en_HK.html
https://www.linkedin.com/company/allianz-trade-apac/
The issuer is solely responsible for the content of this announcement.
About Allianz Trade
Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network is based on instant access to data of 289 million corporates. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 40 countries with 5,900 employees. In 2025, our consolidated turnover was EUR4 billion and insured global business transactions represented EUR1,400 billion in exposure. For more information, please visit allianz-trade.com.
A Broader Range of Functional Jelly Concepts
This year, Wel-Bloom will show how varied jelly can be, with examples including visible fruit pieces, whole chia seeds, and high-calcium and collagen-rich formulations. As gummies remain popular, jelly offers greater flexibility in serving size, sweetness and active-ingredient loading, while also allowing for lower-sugar concepts using natural flavoring ingredients.
Taking Jelly Beyond Conventional Formulations
Wel-Bloom’s patented Tri-Safe Jelly Technology forms the foundation of its functional jelly development, demonstrating 97.8% active-ingredient retention and a shelf life of up to two years without added preservatives.
Building on this foundation, Wel-Bloom expanded into oil-based nutrients through NutriOne® Micronized Oil-Fusion Technology. Oil-based nutrients are commonly delivered in capsules or softgels, but swallowable formats may not suit every consumer. NutriOne® provides another option by incorporating oil-based ingredients into a stable, easy-to-consume jelly. The technology received a Gold Award at the World Genius Convention 2026.
Supporting Development with Trusted Manufacturing
As a Taiwan-based CDMO, Wel-Bloom supports projects from formulation and sensory development through stability assessment, pilot testing, scale-up and commercial manufacturing. For brands, choosing a CDMO affects product reliability and the responsibility of their supply chain. Wel-Bloom’s ISO/IEC 17025-accredited laboratory provides technical assurance, while its LEED Silver-certified facility, ISO 14064-1 greenhouse gas management and 2026 B Corp certification reflect its commitment to responsible manufacturing.
At Vitafoods Asia, visitors will be able to sample selected products and discuss product concepts, formulation possibilities and CDMO opportunities with Wel-Bloom’s sales team.
Vitafoods Asia 2026 will take place September 2–4 at the Queen Sirikit National Convention Center in Bangkok. Wel-Bloom will exhibit at Hall 2 Booth #F01.
Hashtag: #WelbloomBioTech
The issuer is solely responsible for the content of this announcement.
About Wel-Bloom Bio-Tech
Wel-Bloom is a globally recognized CDMO expert in the health food industry, dedicated to delivering innovative, one-stop solutions. Guided by forward-looking market insights and supported by robust R&D capabilities, Wel-Bloom empowers clients to develop highly competitive, differentiated health food products.
For partnership opportunities and functional ingredient solutions, visit 
https://welbloom.com/ or search for Wel-Bloom online.
See Wel-Bloom in action — watch the latest highlights from our Malaysia forum on market insights and industry conversations: https://youtu.be/Y0VVoyV-NXU?si=lo9JbaI_Cjw5Cb4B
