PATEO (02889) announced that on October 7, 2025, the company entered into a cooperation framework agreement with Shanghai SenseTime Intelligent Technology Co., Ltd. Based on the principles of "resource complementarity, advantage sharing, and win-win cooperation," PATEO and SenseTime Intelligent Technology have decided to establish a long-term strategic partnership and signed the cooperation framework agreement to jointly promote the integration and application of artificial intelligence in smart connected vehicles and related fields.
The cooperation framework agreement takes effect from the date of signing and has a term of 2 years.