HONG KONG SAR – Media OutReach Newswire – 26 August 2026 – SenseTime Group Inc. ("SenseTime" or the "Company"; Stock Code: 0020.HK) today announced its results for the first half of 2026. During the Reporting Period, the Group recorded total revenue of RMB2.91 billion, representing a year‑on‑year ("YoY") increase of 23.4%, and gross profit of RMB1.21 billion, up 32.9% YoY. Gross profit margin reached 41.4%, an increase of 2.9 percentage points YoY. The Group also introduced recurring revenue ("RR") for the first time, which totaled RMB1.14 billion and accounted for 39.3% of total revenue. The Group recorded a net profit of RMB620 million under International Financial Reporting Standards ("IFRS"), marking its first IFRS profit since its public listing. Generative AI revenue reached RMB2.33 billion, representing nearly 80% of the Group's total revenue, while overseas business revenue increased 127% YoY, significantly outpacing the Group's overall growth rate. While delivering healthy growth in revenue and gross profit, the Group continued to improve operating efficiency, with core operating losses narrowing significantly. Non‑IFRS adjusted net loss was RMB390 million, narrowing by 67.3% YoY. The Group continued to accelerate the large‑scale commercial deployment of its AI capabilities, building system‑level AI capabilities around the framework of "one model system, one Token Factory, and one Agent Harness" to advance AI from intelligence generation toward end‑to‑end task execution and transform these capabilities into scalable commercial value. Dr. Xu Li, Chairman of the Board and CEO of SenseTime, said: "SenseTime's three-pillar core capability framework, built around 'one model system, one Token Factory, and one Agent Harness', uses a unified model system to continuously push the boundaries of intelligence, leverages infrastructure and optimization capabilities to reduce Token costs and strengthen cost‑based pricing power, and deploys agents deeply integrated into enterprise and individual workflows to deliver complete task execution capabilities. This framework enables SenseTime to move beyond pure price competition and create sustainable commercial value through differentiated technologies and services. At the same time, it allows us to expand our user base, drive recurring revenue growth, and lay a solid foundation for the Group's high‑quality development." One Model System: Advancing Native Multimodal Intelligence and Long‑Horizon Agents with Global Leading Performance In 2026, SenseTime released a series of models at a rapid pace, spanning native multimodal unification, visual perception and reasoning, controllable generation, long‑horizon agents, spatial intelligence, and physical world models. These included the NEO‑Unify architecture; SenseNova U1, U1.5 and U1.5‑Lite; SenseNova Vision; the office‑focused multimodal agent SenseNova 6.8‑Flash‑Lite; the content creation model SenseNova U1‑Pro; the spatial intelligence model SenseNova SI‑8B; and the Kairos 3.1 world model co‑developed with Ace Robotics. Across multiple core benchmarks, these models matched or outperformed leading international models, including Gemini, GPT, and DeepSeek. Less than four months after the U1 series was open‑sourced, the three projects had collectively garnered more than 11,000 stars on GitHub. SenseTime is advancing from digital intelligence toward physical AGI through the closed‑loop framework of "architectural innovation, system capabilities, and high‑value delivery," continuously translating technological breakthroughs into real-world applications and commercial value. Token Factory: Upgrading from Compute Provisioning to Scaled Intelligence Production SenseTime's SenseCore is evolving into a production‑oriented Token Factory. Through integrated model and infrastructure optimization, as well as capabilities in model adaptation, inference optimization, heterogeneous scheduling, energy management and global service delivery, the Token Factory not only expands Token output and lowers unit costs, but also continuously enhances the reasoning, understanding, generation, and execution capabilities embedded in each Token. In July 2026, SenseCore delivered an average daily Token service volume of 2.4 trillion, representing a YoY increase of approximately 22 times. As of the date of this announcement, the Group's total deployed computing power had reached 48,000 Petaflops (P). The Token Factory provides strong support for SenseTime in advancing the performance boundaries of its foundation models and scaling their commercial deployment. It has tripled the training speed for long‑context Agent models, increased image and video generation efficiency sixfold, improved reinforcement learning training efficiency, and shortened the cycle from model R&D validation to...