Core Insights - Junsun Electronics and Hezhima Intelligent have officially established a strategic partnership focusing on the joint development of robotic domain controllers, optimization of intelligent computing platforms, and co-creation of industry scenario solutions [1][2][3] Group 1: Company Overview - Junsun Electronics is a leading automotive parts company that has been actively expanding into the robotics components business since 2025, leveraging its extensive experience in automotive parts technology, manufacturing, and supply chain [1] - Hezhima Intelligent is a benchmark enterprise in the intelligent computing field, specializing in high-performance AI SOC chips and edge computing modules, with its products widely used in smart driving, robotics, and intelligent manufacturing [2] Group 2: Strategic Collaboration - The collaboration aims to leverage the core strengths of both companies, with Junsun Electronics providing its engineering and industrialization experience, while Hezhima Intelligent offers high-performance intelligent computing chip and platform technology [3] - The partnership is expected to enhance both companies' competitive advantages in their respective fields and provide innovative solutions to address industry challenges related to core technologies and multi-platform compatibility [3] Group 3: Technological Development - The strategic cooperation will focus on the development of next-generation embodied intelligent robot control systems and industry solutions, emphasizing resource sharing, collaborative innovation, and mutual benefits [3] - Hezhima Intelligent launched the SesameX multi-dimensional intelligent computing platform on the same day the partnership was announced, providing a solid technical foundation for their collaboration [2]

Core Insights - Junsheng Electronics and Hezhima Intelligent have established a strategic partnership to focus on the joint development of robot domain controllers, optimization of intelligent computing platforms, and collaborative solutions for industry scenarios [1][3] - The collaboration aims to enhance innovation capabilities and industrial competitiveness in the field of intelligent manufacturing and embodied intelligence technology [1][3] Group 1: Company Collaboration - The partnership will leverage the strengths of both companies in key areas such as robot controllers, intelligent computing platforms, and typical industry applications [3] - Junsheng Electronics has been actively expanding its robot component business since 2025, building on its deep expertise in the automotive parts sector [1] - Hezhima Intelligent specializes in high-performance AI SOC chips and intelligent computing solutions, with its products widely used in intelligent driving and robotics [2] Group 2: Technological Development - Junsheng Electronics has developed a comprehensive solution for robot controllers based on various chip platforms, which will now extend to domestic chip platforms through the partnership with Hezhima Intelligent [1] - Hezhima Intelligent has launched the SesameX multi-dimensional intelligent computing platform aimed at the robotics industry, enhancing its capabilities in robot control and perception decision-making [2] - The collaboration is expected to drive the development, validation, and implementation of next-generation embodied intelligent robot control systems and solutions [3]

Core Viewpoint - Junsheng Electronics and Hezhima Intelligent have established a strategic partnership to advance the development of robotic control systems and intelligent computing platforms, aiming to enhance innovation capabilities and industrial competitiveness in smart manufacturing and intelligent computing integration [1][2][3] Group 1: Strategic Collaboration - The collaboration will focus on joint research and development of robotic domain controllers, optimization of intelligent computing platforms, and co-building industry scenario solutions [1][3] - Both companies aim to leverage their strengths to deepen technical collaboration and industrial cooperation in key areas such as robotic controllers and intelligent computing platforms [3] Group 2: Industry Context - The embodied intelligent robotics industry is accelerating, with companies from automotive and semiconductor sectors entering the industry chain, driving upgrades in this emerging sector [1] - Junsheng Electronics plans to expand its robotic components business starting in 2025, relying on its strong foundation in automotive parts to promote the application of core robotic components [1] Group 3: Technological Advancements - Junsheng Electronics has completed the basic setup of its key component solutions and has previously released a robotic all-domain controller assembly solution based on various chip platforms [1] - The strategic partnership will extend to domestic chip platforms, enhancing the capability to support the research and manufacturing of robotic products based on both domestic and international chip platforms [1][2]

Core Viewpoint - Black Sesame Intelligence has officially entered a new phase of "vehicle-machine" technology collaboration, launching the SesameX™ multi-dimensional computing platform aimed at full-brain intelligence [1][9]. Company Overview - Black Sesame Intelligence has developed the SesameX platform as a comprehensive computing solution for robotics, integrating hardware, software, toolchains, and model ecosystems, marking it as the industry's first platform for commercial deployment in robotics [3][8]. - The SesameX platform consists of three major computing platforms: SesameX Kalos for commercial service robots and light autonomous devices, SesameX Aura for multi-task execution and special operation robots, and SesameX Liora for embodied intelligence and advanced self-evolving robots, covering all types of robots [5][6]. Technological Advancements - SesameX Liora is designed for humanoid robots and advanced bionic robots, featuring over 500 TOPS of efficient NPU computing power and a variety of processing capabilities, including multi-channel visual perception [6]. - The platform aims to overcome reliability bottlenecks in computing, enabling real-time, precise, and stable collaboration between decision-making and control systems in complex environments [7]. Market Potential - The humanoid robot market in China is projected to reach 10.471 billion yuan by 2026, with a compound annual growth rate of 83.7% until 2030, and is expected to exceed 300 billion yuan by 2035 [8]. - Black Sesame Intelligence is strategically positioned to benefit from the rapid growth of the robotics industry, leveraging its SesameX platform to address core bottlenecks in large-scale production and establishing unique competitive barriers [8]. Strategic Direction - The launch of the SesameX platform represents a critical step in Black Sesame Intelligence's strategy to transition from "empowering smart vehicles" to "empowering intelligent terminals," aiming to define the next generation of robotic "intelligence hubs" [9]. - The company is expected to accelerate its market share in the burgeoning embodied intelligence market, driven by the high degree of technological and supply chain overlap between smart vehicles and robotics [9].

Core Viewpoint - The strategic cooperation agreement between Hezhima Intelligent and Jiangsu Zhichi Zhiyuan focuses on advancing optical communication technology applications in automotive and intelligent terminal sectors, enhancing autonomous driving capabilities, and developing AI industrial robot solutions [1][2]. Group 1: Strategic Cooperation Details - The cooperation will emphasize the joint development of optical communication modules for automotive and intelligent terminals, targeting next-generation vehicle central computing platforms [1]. - Both companies will collaborate on developing advanced driver assistance system (ADAS) controllers for passenger and commercial vehicles, covering multiple applications from Level 2 and above [1][2]. - The partnership aims to create AI industrial robot solutions by integrating existing chip products with Zhichi Zhiyuan's diverse industrial production capabilities [1][2]. Group 2: Market and Growth Potential - The collaboration is expected to enhance market share in the Level 2 and above autonomous driving market by launching high-performance product solutions [2]. - The joint efforts will focus on meeting future demands for lower latency and higher data transmission rates in various applications, thereby improving transmission speed and timeliness [2]. - This strategic partnership is anticipated to accelerate the commercialization of core technologies, opening new growth opportunities for the company [2].

Core Viewpoint - The strategic cooperation agreement between Hezhima Intelligent and Jiangsu Zhichi Zhiyuan focuses on advancing optical communication technology applications in automotive and intelligent terminal sectors, enhancing autonomous driving capabilities, and developing AI industrial robot solutions [1][2]. Group 1: Strategic Cooperation Details - The agreement involves collaboration in four key areas: 1. Promoting the application of optical communication modules in automotive and intelligent terminal fields, and jointly developing optical-electrical co-packaging applications for next-generation vehicle central computing platforms [1]. 2. Developing auxiliary driving domain controller products based on existing automotive-grade auxiliary driving chips, targeting both passenger and commercial vehicles, covering multiple application scenarios from Level 2 and above [1]. 3. Creating AI industrial robot solutions suitable for various industrial production scenarios by combining the group's chip products with Zhichi Zhiyuan's diverse industrial production capabilities [1]. 4. Facilitating capital-level cooperation around automotive and intelligent terminal application scenarios and the upstream and downstream industrial chain to enhance industry application standards [1]. Group 2: Market and Growth Potential - The partnership aims to capture higher market share in the Level 2 and above auxiliary driving market by launching high-performance product solutions [2]. - The collaboration will accelerate the productization and commercialization of core technologies, opening new growth opportunities for the company [2]. - By working with a leader in optical communication modules, the partnership seeks to meet future demands for lower latency and higher data transmission rates in various scenarios [2].

Black Sesame International Holding Limited 黑芝麻智能國際控股有限公司* （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：2533） 自願性公告 與智馳致遠的戰略合作協議 本公告由黑芝麻智能國際控股有限公司（「本公司」，連 同 其 附 屬 公 司 統 稱 為「本 集 團」）自 願 作 出。 本公司董事會（「董事會」）茲 公 佈，於2025年11月18日，本 公 司 的 間 接 全 資 附 屬 公 司黑芝麻智能科技有限公司與江蘇智馳致遠控股有限公司（「智馳致遠」）訂立戰 略合作協議（「戰略合作協議」）。據 此，雙 方（各 自 稱 為「各 方」，統 稱 為「雙 方」）將 致 力 於 在 汽 車 及 具 身 智 能 終 端 的 光 通 信 技 術 應 用、汽 車 輔 助 駕 駛、先 進 封 裝 技 術 及 產 業 鏈 資 本 等 領 域 開 展 合 作。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 ...

Group 1 - Tsugami Machine Tool China (01651) saw a rise of over 5.4% due to increased demand for high-precision machine tools in emerging sectors like new energy vehicles and artificial intelligence as China's economy gradually recovers [1] - Black Sesame Intelligence (02533) increased by over 2.2% after announcing that its flagship product, the Huashan A1000 automotive-grade high-performance driving assistance chip, has been successfully integrated into Desay SV's new low-speed unmanned vehicle brand "Chuanxing Zhiyuan" S6 series [1] - Zai Xin Bio-B (02509) rose over 5.8% after receiving clinical trial approval for its self-developed long-acting dual antibody QX027N injection, intended for the treatment of asthma and atopic dermatitis [1] - CanSino Biologics (06185) increased nearly 5% as it announced the initiation of Phase I clinical trials for its inhaled tuberculosis vaccine in Indonesia [1] Group 2 - Kingsray Biotechnology (01548) rebounded over 4.48% following the financial performance disclosure of its joint venture Legend Biotech for the third quarter ending September 30, 2025 [2] - Fuhong Hanlin (02696) rose over 5.2% after its PD-1 antibody drug, Surufilumab injection, was proposed for breakthrough therapy designation for use in combination with chemotherapy for gastric cancer [2] - Yidu International Holdings (00259) increased over 6% amid uncertainty regarding the impact of an undisclosed event on its financial statements for the year ending March 31, 2025 [2] Group 3 - Reshaping Energy (02570) surged nearly 60%, with a rise of 55.03%, following announcements from the National Energy Administration encouraging the use of green hydrogen in coal chemical projects and plans to promote over 2,000 hydrogen vehicles in Shandong Province [3] - Laika Pharmaceuticals-B (02105) saw a reverse increase of over 10.3% after granting Qilu Pharmaceutical exclusive rights for research, development, and commercialization of the breast cancer candidate drug LAE002 (afuresertib) in China [3] Group 4 - WMCH GLOBAL (08208) resumed trading with a rise of over 50%, increasing by 57.45% after announcing the sale of approximately 384 million shares, representing about 53.297% of its issued share capital [4] Group 5 - U.S. stock market opened lower, with the Nasdaq dropping 2.04%, as major tech stocks like Nvidia, AMD, and Tesla saw declines [5] - Tencent reached an agreement with Apple regarding payment processing for WeChat mini-games, potentially opening new revenue streams for Apple [5] - Mangoceuticals (MGRX.US) plummeted 32.39% after announcing partnerships with Eli Lilly and Novo Nordisk to provide users with weight loss medications [6] - Fannie Mae (FNMA.US) fell 9.82%, with a two-day cumulative drop of 20%, amid investigations into the actions of the Federal Housing Finance Agency director [6] - Disney (DIS.US) dropped 7.75% despite strong performance in streaming and theme parks, as upcoming major film releases are expected to impact first-quarter performance [6]

Core Viewpoint - Black Sesame Intelligence has successfully integrated its flagship product, the Huashan A1000 automotive-grade high-performance driving assistance chip, into Desay SV's new low-speed unmanned vehicle brand "Chuanxing Zhiyuan" S6 series, enhancing safety and reliability in logistics operations [1] Group 1: Product and Technology - The Huashan A1000 chip features a dual-core lockstep safety processor and an independent safety island, ensuring high safety standards [1] - The chip has received multiple authoritative automotive certifications, including ISO 26262 ASIL-B functional safety certification and AEC-Q100 Grade 2 automotive reliability certification [1] Group 2: Strategic Partnership - The collaboration between Black Sesame Intelligence and Desay SV aims to deepen the application of the Huashan A1000 chip in the Chuanxing Zhiyuan S6, enhancing the competitiveness of low-speed unmanned vehicles in high safety-demand scenarios [1] - Black Sesame Intelligence will continue to provide safety redundancy support for the large-scale deployment of the Chuanxing Zhiyuan S6, helping to establish market advantages [1] Group 3: Market Impact - The partnership is expected to solidify Black Sesame Intelligence's leading position in the low-speed unmanned delivery chip sector [1] - The stock price of Black Sesame Intelligence increased by nearly 4% during trading, reflecting positive market sentiment regarding the news [1]

Group 1 - Black Sesame Intelligence (02533.HK) saw an intraday increase of nearly 4% and is currently up 2.67%, trading at HKD 22.3 [2] - The trading volume reached HKD 135 million [2]