On December 30, 2021, SenseTime Group Limited was officially listed on the Hong Kong Stock Exchange, with stock code: 0020.HK. SenseTime Technology is a direct investment enterprise of Yuanhe BingSheng Fund, which is managed by Yuanhe Chencun.

SenseTime was founded in October 2014. As an AI software company deeply committed to pioneering technological research and innovation, SenseTime is dedicated to applying AI technologies across a wide range of industries.

Currently, SenseTime's business spans four major areas: smart cities, smart commerce, smart living, and intelligent automotive solutions. These initiatives cover a wide range of industries, including commercial space management, residential property management, urban governance, manufacturing, infrastructure, transportation, mobile devices and applications, healthcare, and the automotive sector. Leveraging its proprietary AI platform, SenseCore, SenseTime has developed several cutting-edge platforms tailored to specific sectors: SenseFoundry-Enterprise for smart commerce, SenseFoundry (the City Open Platform) for smart cities, SenseME, SenseMARS, and SenseCare for smart living, as well as SenseAuto, the company’s intelligent automotive solution designed for the evolving needs of the auto industry.

Among them, SenseMARS by SenseTime has become one of Asia's largest metaverse-enabling platforms—and is the first AI company to help mobile apps deliver interactive augmented reality and mixed reality experiences.

As of June 30, 2021, SenseTime's software platform had more than 2,400 customers, including over 250 Fortune 500 companies and publicly listed firms, 119 cities, and more than 30 automotive enterprises. Additionally, the platform powers over 450 million smartphones and more than 200 mobile applications.

According to the prospectus, in the first half of 2021, SenseTime's revenue grew 91.8% year-on-year to RMB 1.65 billion, while its gross margin further increased from 72.1% in the first half of 2020 to 73.0%.

According to data from Frost & Sullivan, SenseTime is Asia's largest AI software company based on 2020 revenue, and it also became China's leading provider of computer vision software, capturing an 11% share of the market in terms of revenue that same year.