AI, a pivotal technology for scientific and technological innovation, is also crucial for industrial transformation and upgrading. To further this advancement, SenseTime is pursuing its mission “to create a better AI-empowered future through innovation” by continually investing in original AI research and development. The company has built a robust AI computing infrastructure, which progressively builds on AI innovation and deployment to reduce costs and increase efficiency. By leveraging AI technology, SenseTime is able to drive high-quality development within the economy and industries, paving the way for a brighter future. We believe AI, with its advanced productivity, has the potential to help humanity address environmental and social challenges, among others. At our company, we embed sustainability in all aspects of our business. As we move into the ‘Big Model Era,’ we anticipate a shift in AI technology applications towards Artificial General Intelligence (AGI), which will unlock even more possibilities for sustainable economic and social development. SenseTime unwaveringly embraces a green development philosophy. For instance, in 2021, the company established the strategic goal of “achieving carbon peak emissions by 2025, operational carbon neutrality by 2030, and net zero emissions by 2050.” Henceforth, the company has been working diligently towards this goal. SenseTime has incorporated energy saving and low carbon technologies into the preparation, construction and operation of the SenseTime AIDC (Artificial Intelligence Data Center). Once the AIDC is fully operational, its power consumption will be more than 10% lower than the average consumption at China’s medium and large industrial data centers. Subsequently, it will help save about 45 million kWh of electricity annually which is equivalent to 25.7 thousand tonnes of carbon dioxide emissions. Additionally, in 2022, SenseTime renovated its Shanghai headquarter in the Xinzhou Tower, which resulted in a reduction of close to 95 tonnes of carbon dioxide emissions per year. Specifically, the upgraded air conditioning system reduces carbon emissions by around 8% annually. SenseTime invests in healthcare, education, culture and other everyday scenarios to help improve the quality and efficiency of various public services and promote sustainable social development. SenseTime’s SensePass portable “six-in-one” system and SenseThunder thermal imaging & temperature measurement all-in-one machine have both played important roles in society’s epidemic prevention and control efforts. The company has also launched its “AI-powered Intelligent Nursing System” developed for ALS (Amyotrophic Lateral Sclerosis) patients, which brings additional warmth and care to those in need. As a leading global AI software company, SenseTime consistently strengthens its corporate governance and ESG governance, continuously improves its anti-fraud system, and promotes social equity with honest and harmonious practices.