Core Viewpoint - Goldman Sachs maintains a "Buy" rating on SenseTime-W (00020) with a 12-month target price of HKD 3.53, highlighting the significant growth potential of the company's generative AI segment [1] Group 1: Revenue Projections - The revenue contribution from generative AI is expected to reach 77% by the first half of 2025, driven primarily by private/public cloud and AI projects [1] - By 2030, Goldman Sachs forecasts that the revenue contribution from generative AI will increase to 91% [1] Group 2: Product Offerings - SenseTime has recently launched several generative AI products, including the AI script generation platform (Seko 2.0), AI office assistant (Racconn 3.0), and AI marketing agent (SenseAvatar) [1] - These products emphasize enhanced features for generating higher quality content through one-click operations and provide cost-effective solutions based on local computing platforms [1] Group 3: Pricing Model - The company primarily charges users through subscription fees, with Seko 2.0 priced between RMB 95 to 195 per month and Racconn 3.0 priced between RMB 29.9 to 1599 per month [1] - Additionally, SenseTime offers customized solutions for enterprises on a project basis [1]