On March 24, SENSETIME-W (00020) announced its 2025 performance results. The group achieved total revenue exceeding 5 billion yuan, with trade receivables collection reaching 4.87 billion yuan, setting new records in both metrics. Generative AI business demonstrated explosive growth, increasing by 51%. The annual net loss narrowed significantly by 58.6%. EBITDA for the second half of the year reached 380 million yuan, marking the first positive result since listing. The group's operating cash flow turned positive for the first time since its IPO during the latter half of the year. Overall performance exceeded market expectations, indicating the company's successful transition from a technology investment phase to a sustainable high-growth period. Additionally, the company plans to launch a new foundational model in the second quarter, which is expected to deliver multiple-fold improvements in efficiency and cost-effectiveness, widely empowering AI agent applications.