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SENSETIME-W Envisions to Maintain Loss Reduction Pace in 2H25
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Xu Li, CEO of one of China's leading AI companies, SENSETIME-W (00020.HK), envisioned the pace of loss reduction to be maintained in 2H25. Despite a 12% YoY elevation in R&D expenses to RMB2.1185 billion in 1H25, Xu assumed there are numerous opportunities in the AI industry. The company ramped up its R&D investment, while being committed to maintaining a positive and healthy cash flow. Besides, he mentioned that SENSETIME-W's X Innovation business is in a state of external financing. Once it attracts more external investment and accelerates its valuation growth, it will be considered "graduated". Ideally, SENSETIME-W's stake in the company could be reduced to approximately 20%, and its losses and employee headcount would no longer appear on the group's financial statements. Such business would generate positive cash flow for the group as a whole, as it attracts investment and grow, and pays service fees to SENSETIME-W. AASTOCKS Financial News Website: www.aastocks.com |
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