In mid-2025, Shangtang (00020) has a revenue of 2.4 billion yuan, a year-on-year growth of 36%, exceeding market expectations. The proportion of generative AI has reached a new high of 77%.

According to the Wisdom Financial APP, SenseTime Group (00020) released its mid-term performance announcement for 2025, with total revenue increasing by 36% year-on-year to reach 2.4 billion RMB; the revenue from generative AI has been growing rapidly for the third consecutive year, with an increase of 73%; the adjusted net loss has significantly narrowed both year-on-year and quarter-on-quarter, with a 50% decrease year-on-year; trade accounts receivable have increased significantly to 3.2 billion RMB, up by 96% year-on-year. As of the first half of 2025, the group's total cash reserves are 13.2 billion RMB, higher than the previous two reporting periods.