tiprankstipranks
Trending News
More News >

SenseTime Faces Temporary Non-Compliance Following Director Resignation

Story Highlights
SenseTime Faces Temporary Non-Compliance Following Director Resignation

SenseTime Group, Inc. Class B ( (HK:0020) ) has provided an update.

SenseTime Group Inc. announced the resignation of Mr. Li Wei as an independent non-executive director, effective March 15, 2025, due to other commitments. This resignation results in temporary non-compliance with Hong Kong Stock Exchange listing rules regarding board composition. The company is actively seeking a suitable replacement to restore compliance within three months, ensuring continued adherence to regulatory standards.

More about SenseTime Group, Inc. Class B

SenseTime Group Inc. operates in the artificial intelligence industry, focusing on developing AI technologies and solutions. The company provides products and services that include facial recognition, image recognition, and other AI-driven applications, targeting markets such as smart cities, education, healthcare, and finance.

YTD Price Performance: 13.42%

Average Trading Volume: 737,854,783

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$63.28B

See more data about 0020 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App