证券代码：000716 证券简称：黑芝麻 公告编号：2025-071 南方黑芝麻集团股份有限公司 关于召开 2025 年第六次临时股东会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 南方黑芝麻集团股份有限公司（以下简称"公司"）于 2025 年 12 月 12 日召 开第十一届董事会 2025 年第十次临时会议，根据本次董事会的会议决议，定于 2025 年 12 月 30 日（星期二）召开公司 2025 年第六次临时股东会，现将有关事 项通知如下： 一、召开会议基本情况 1、股东会届次：2025 年第六次临时股东会（以下简称"本次股东会"） 2、股东会的召集人：公司董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所 股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公 司规范运作》等法律、行政法规、部门规章、规范性文件及《公司章程》的有关 规定。 4、会议召开日期和时间： （1）现场会议召开时间：2025 年 12 月 30 日 14:30 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具 ...

第十一届董事会 2025 年第十次临时会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 南方黑芝麻集团股份有限公司（以下简称"公司"）于 2025 年 12 月 12 日 以现场与通讯相结合的方式召开第十一届董事会 2025 年第十次临时会议（以下 简称"本次会议"），本次会议通知已于 2025 年 12 月 9 日以书面送达或电子邮 件方式发送至全体董事。本次董事会现场会议在广西南宁市凤翔路 20 号黑芝麻 大厦 20 楼公司会议室召开，由董事长李玉珺先生主持，应出席会议的董事 9 人， 实际出席会议的董事 9 人；公司高级管理人员列席了本次会议。 证券代码：000716 证券简称：黑芝麻 公告编号：2025-069 南方黑芝麻集团股份有限公司 本次会议召集、召开、参会人数、表决程序符合《中华人民共和国公司法》 等法律法规、规范性文件和《公司章程》的有关规定。经对会议议案审议和表决 形成会议决议，现公告如下： 一、审议并通过《关于拟变更会计师事务所的议案》 本议案已经公司董事会审计委员会审议通过。 二、审议并通过《关于召开公司 2025 年第六 ...

Core Viewpoint - Black Sesame Technology (000716) has signed a cooperation agreement with Yuanrong Qixing to establish a dual linkage of capital and business, leveraging their core advantages in chip technology and advanced driver-assistance systems (ADAS) [1] Group 1: Partnership Details - The collaboration aims to jointly develop high-performance and cost-effective advanced driver-assistance solutions based on Black Sesame's next-generation automotive-grade high-performance computing chip platform [1] - Both companies will work together to promote the mass production application of L2+/L3 level ADAS solutions with leading automotive manufacturers [1] Group 2: Industry Applications - The partnership will explore the implementation of these solutions in emerging fields such as Robotaxi, expanding the application scenarios within the industry [1]

Core Viewpoint - Black Sesame Intelligence (02533.HK) has announced a deep cooperation with Yuanrong Qixing, establishing a close partnership through both capital and business ties [1] Group 1: Partnership Details - Black Sesame Intelligence will provide chip products and a complete application development toolchain [1] - Yuanrong Qixing will leverage its expertise in algorithms to jointly create a "chip + algorithm" integrated solution with Black Sesame Intelligence [1] Group 2: Strategic Focus - The partnership aims to collaborate with OEMs and upstream and downstream resources in the industry chain [1] - The primary focus will be on advancing L2+/L3 level assisted driving solutions for mass production applications in automotive companies [1] - The collaboration will also explore the implementation of these solutions in scenarios such as Robotaxi [1]

Core Insights - Black Sesame Intelligence Technology Co., Ltd. and Yuanrong Qixing Technology Co., Ltd. have signed a cooperation agreement to leverage their strengths in chip technology and advanced driving algorithms to create high-performance, cost-effective advanced driving solutions [1][3] - The collaboration aims to integrate hardware and software solutions, focusing on L2+/L3 level advanced driving applications for leading automotive manufacturers and exploring new scenarios such as Robotaxi [3][5] Company Contributions - Black Sesame will provide chip products and a complete application development toolchain, establishing a hardware foundation for efficient solution development [3] - Yuanrong Qixing will utilize its expertise in algorithms to adapt and optimize advanced driving algorithms on Black Sesame's next-generation high-performance chip platform [3] Market Position and Strategy - Black Sesame has developed the Huashan series of driving assistance chips and the Wudang series of cross-domain computing chips, creating a comprehensive technical support system [3] - The Huashan A2000 chip, set to launch in 2025, is designed for next-generation AI models, meeting the computational needs of advanced driving in complex scenarios [3] - Yuanrong Qixing aims to lead the AI industry transformation with its innovative technology, having already delivered 200,000 vehicles equipped with urban NOA (Navigation Assisted Driving) [5] Future Outlook - The partnership is expected to enhance the competitiveness of local high-performance advanced driving platforms and contribute to a more resilient smart automotive industry ecosystem [3][5] - Both companies are committed to continuous technological innovation and industrialization, focusing on resource sharing, technical collaboration, and capital empowerment to drive the large-scale application of advanced driving technologies [5]

Core Insights - Black Sesame Technology and Yuanrong Qixing have signed a cooperation agreement to leverage their strengths in chip technology and advanced driving algorithms to create high-performance, cost-effective advanced driving solutions [1][3] Group 1: Partnership Overview - The collaboration aims to establish a dual connection of capital and business, focusing on the development of high-level advanced driving solutions based on Black Sesame's next-generation automotive-grade high-performance computing chip platform [1][3] - Black Sesame will provide chip products and a complete application development toolchain, while Yuanrong Qixing will adapt and optimize advanced driving algorithms on this platform [3] Group 2: Technical Collaboration - The partnership will focus on promoting L2+/L3 level advanced driving solutions for leading automotive manufacturers and exploring applications in emerging fields like Robotaxi [3] - Black Sesame's A2000 chip, set to launch in 2025, is designed to meet the computational demands of advanced driving in complex scenarios, supporting full-scene general driving assistance [3] Group 3: Market Position and Goals - Yuanrong Qixing aims to lead the AI industry transformation with its innovative technology and has already delivered 200,000 vehicles equipped with urban NOA (Navigation On Autopilot) [5] - The collaboration is expected to drive the large-scale application of advanced driving technology, contributing to the high-quality development of the smart automotive industry [5]

Core Insights - Hezhima Intelligent and Yuanrong Qihang have reached a deep cooperation agreement to establish a dual linkage of capital and business [1] - The collaboration will leverage both companies' core advantages in chip technology and advanced driver-assistance systems (ADAS) models and algorithms [1] - They aim to jointly develop high-performance, cost-effective advanced driving assistance solutions based on Hezhima Intelligent's next-generation automotive-grade high-performance computing chip platform [1] - The partnership will focus on expanding industry application scenarios, promoting the large-scale implementation of technology, and exploring deployment scenarios in emerging fields such as Robotaxi [1]

Core Viewpoint - Black Sesame is undergoing a significant change in control, with the potential transfer of ownership to Guangxi Travel Health Industry Group, which may lead to a shift from private to state-controlled operations, impacting its financing and operational strategies [3][4][28]. Group 1: Ownership Change - Black Sesame's controlling shareholder, Guangxi Black Five Food Group, has signed a share transfer agreement to transfer approximately 151 million shares (20% of total shares) to Guangxi Travel Health at a price of 6.25 yuan per share, totaling 942 million yuan [4][28]. - The transfer is expected to complete by 2026, with Guangxi State-owned Assets Supervision and Administration Commission becoming the actual controller, transitioning the company to a mixed ownership structure of state control and market operation [4][28][33]. - Following the transfer, the original controlling shareholders will hold no voting rights, significantly altering the governance structure of Black Sesame [8][31]. Group 2: Financial Performance - For the first three quarters of 2025, Black Sesame reported revenue of approximately 1.469 billion yuan, a year-on-year decrease of 7.52%, and a net profit of approximately 6.82 million yuan, down 83.67% [10][35]. - The company has faced continuous losses, with a net profit loss of approximately 140 million yuan in 2022, and a significant decline in cash flow from operating activities [10][35][38]. - The company’s traditional sales channels are under pressure, with a reduction of 385 distributors in 2024, indicating challenges in maintaining sales performance [38][39]. Group 3: Strategic Recommendations - Analysts suggest that Black Sesame should diversify its product offerings, such as introducing ready-to-drink products and expanding into snack foods, to capture new market segments [22][48]. - The company is advised to focus on cost-cutting measures and improve operational efficiency, including reducing non-food business segments and leveraging low-interest loans from state-owned financial institutions [49][50]. - Digital marketing strategies are recommended to enhance brand visibility and customer engagement, potentially revitalizing the brand's market presence [50].

Core Viewpoint - Black Sesame Intelligence is attempting to enter the humanoid robot sector by acquiring Zhuhai Yizhi Electronics for a price between 400 million to 550 million yuan, which is close to the company's projected revenue for 2024 [1][2] Group 1: Acquisition Details - The acquisition of Yizhi Electronics, which specializes in AI machine vision algorithms and SoC chip design, will make it a non-wholly-owned subsidiary of Black Sesame Intelligence, with its financial performance integrated into the group's financial statements [1][2] - This acquisition is expected to enhance Black Sesame's product offerings in the robotics sector and improve its competitive advantage in the AI SoC chip market [2][3] Group 2: Business Performance - In the first half of the year, Black Sesame reported a revenue of 2.53 billion yuan, a year-on-year increase of 40.4%, but also experienced a net loss of 762 million yuan, a significant decline from a profit of 1.105 billion yuan in the same period last year [5][6] - The company's main business segments, including autonomous driving and smart imaging solutions, saw revenue growth but also a decline in gross margin, indicating financial pressure [4][6] Group 3: Market Context and Challenges - The humanoid robot industry is still in its early stages, with significant technological advancements expected to take 5 to 10 years, which poses a high-risk challenge for companies entering this market [5] - Black Sesame's current market share in the autonomous driving chip sector is low, and the competition is intense, which raises concerns about the company's ability to allocate resources effectively between its core business and new ventures [6][8] Group 4: Strategic Considerations - Experts suggest that companies entering new sectors like humanoid robotics must align their strategic goals and ensure that these new ventures complement their existing strengths [2][9] - The CEO's high compensation amidst the company's financial struggles has raised concerns about shareholder value and the alignment of executive incentives with company performance [9]

交易行情显示，截至12月10日午间收盘，黑芝麻当前股价为6.24元/股，涨幅为0.32%，公司总市值约 46.98亿元。 编辑 杨娟娟 校对 杨利 新京报贝壳财经讯（记者阎侠）承载着一代人童年记忆的黑芝麻，或将易主国资文旅企业。12月10日， 黑芝麻发布关于控股股东协议转让股权暨控制权拟发生变更的进展公告。 公告显示，黑芝麻控股股东广西黑五类食品集团有限责任公司（简称"黑五类集团"）与广西旅发大健康 产业集团有限公司（简称"广旅大健康"）已经签署了《股份转让协议》，黑五类集团拟通过协议转让方 式将其持有公司150697910股（占公司总股本20%）的无限售流通股股份转让给广旅大健康；本次股份 转让项下标的股份转让价格为6.25元/股，对应转让价款总额为约9.42亿元（含税）。 本次交易实施完成后，黑芝麻的控股股东将由黑五类集团变更为广旅大健康，实际控制人将由李汉朝、 李汉荣、李玉琦、李玉坚、李玉宇、甘政、李淑娴变更为广西壮族自治区人民政府国有资产监督管理委 员会。 最新进展显示，广旅大健康申报的经营者集中反垄断审查申请已于2025年11月12日获国家市场监督管理 总局受理，并履行了经营者集中反垄断业务公示；截 ...