Goldman Sachs issued a research report stating that the State Council has released an opinion on the deep implementation of "AI+" action, emphasizing AI commercialization and ecosystem expansion. The policy implementation is expected to promote user consumption in AI and drive SENSETIME-W's (00020) generative AI business development. Combined with the market reassessment of China's AI supply chain, Goldman Sachs raised SENSETIME-W's target price from HK$1.83 to HK$2.72, upgrading its rating from "neutral" to "buy". The report noted that SENSETIME-W's first-half revenue performance exceeded expectations, growing 36% year-over-year. Management indicated that the generative AI business achieved strong growth of 73% year-over-year, primarily driven by productivity tools and interactive tools. Under the favorable policy backdrop and supported by SENSETIME-W's comprehensive product portfolio, the firm holds a more optimistic view of SENSETIME-W's generative AI business, expecting revenue contribution to increase from 64% in 2024 to 91% in 2030.