According to Futu News on December 20, $SENSETIME-W (00020.HK)$An announcement was issued to restart the public offering on December 20. The issuance scale and price range remain the same as before.
Shangtang-W issued a total of 1.5 billion shares. The offering price ranged from HK$3.85 to HK$3.99 per share, raising approximately HK$6 billion. The subscription for the stock ends at 12:00 noon on December 23, and is expected to be listed on December 30.
Earlier, on December 13, Shangtang issued an announcement stating that since the US Treasury included the Shangtang Group in the “List of Non-SDN Chinese Military Industrial Complex Companies,” the company's board of directors decided to adjust the listing process, refund the shares already applied for, and emphasized that the company is still committed to completing the global sale and listing as soon as possible.
Shangtang Technology is an artificial intelligence software company focusing on computer vision software. According to Frost & Sullivan's report, according to the 2020 revenue scale, Shangtang Technology is the largest artificial intelligence software company in Asia, and became the largest computer vision software provider in China with an 11% revenue market share in 2020.
As of June 30, 2021, the total number of customers on the Shangtang Technology software platform has exceeded 2,400, including more than 250 Fortune 500 companies and listed companies, 119 cities, and more than 30 automobile companies. At the same time, it has empowered more than 450 million mobile phones and more than 200 mobile apps...