Core Insights - A new company, Xiamen SenseTime Intelligent Development Co., Ltd., was established on January 19 with a registered capital of 30 million USD [1] - The company is fully owned by SenseTime Group Limited and focuses on various aspects of artificial intelligence software development [1] Company Overview - The registered capital of the new company is 30 million USD [1] - The business scope includes the development of foundational AI software, application software, theoretical and algorithmic software, and general AI application systems [1] - SenseTime Group Limited is the sole shareholder of Xiamen SenseTime Intelligent Development Co., Ltd. [1]