黑芝麻（000716）智能(02533)公布，于2025年7月31日，该公司根据首次公开发售后股份计划向14名承 授人授出合共38.3万份奖励。 ...

Core Viewpoint - The company is focusing on the development strategy of the health industry, continuously increasing new product research and accelerating product launches to meet market demands and cope with competition [1] Group 1 - The company is committed to the health industry and is adapting to market changes [1] - The company is enhancing product innovation and iteration to respond to intense competition [1] - The company aims to align its offerings with consumer demand through ongoing product upgrades [1]

证券之星消息，7月30日休闲食品板块较上一交易日上涨1.6%，西麦食品领涨。当日上证指数报收于 3615.72，上涨0.17%。深证成指报收于11203.03，下跌0.77%。休闲食品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002956 | 西麦食品 | 21.91 | 9.28% | 13.28万 | | 2.80 Z | | 002695 | 煌上煌 | 14.07 | 5.39% | 22.88万 | | 3.14亿 | | 002557 | 治治食品 | 23.42 | 4.55% | 24.21万 | | 5.69 Z | | 300973 | 立高食品 | 46.56 | 3.72% | 2.88万 | | 1.32亿 | | 002719 | 麦脚尔 | 9.62 | 3.00% | 16.89万 | | 1.60亿 | | 000716 | 黑芝麻 | 6.27 | 1.95% | 39.22万 | | 2.45亿 | | 00300 ...

Group 1 - The automotive industry is rapidly transitioning towards intelligence, with chips being a core driving force, making technological breakthroughs and industrial layout crucial for local chip companies [1] - The expert from Hezhima Intelligent highlighted the challenge of balancing innovation, practicality, and cost-effectiveness in the automotive supply chain, which presents both challenges and opportunities for the industry [3] - Hezhima's A1000 chip, manufactured using 16nm technology, has been adopted by several domestic automakers, showcasing its high performance in mass production [3] Group 2 - Hezhima Intelligent is also focusing on the field of embodied intelligence, with strategic collaborations to develop intelligent systems for robotics, addressing safety and reliability standards in automotive-grade chips [5] - The company has partnered with a team from Wuhan University to create a platform for humanoid robots, utilizing A2000 and C1200 chips to develop the "brain" and "small brain" of robots [5] - The collaboration model between chip companies and automakers is evolving from product recommendations to joint product definition and technology development, fostering closer partnerships [6]

Core Insights - The company is facing a strategic dilemma characterized by a decline in its core business and ineffective diversification efforts [1][2][3] Group 1: Business Performance - The company's core product, black sesame paste, has seen a market share decline, with revenue dropping by 11.25% in 2023 and projected to decrease by another 7.92% in 2024 [1] - The brand is suffering from severe aging, primarily appealing to older consumers while failing to attract younger demographics [1] Group 2: Diversification Efforts - The company has attempted to diversify by launching new products like low-fat drinks and oat paste, but these efforts have not successfully shifted the brand's traditional image [1] - Aggressive diversification strategies have led to significant financial strain, including a 2.2 billion yuan debt for a stalled energy storage lithium battery project and a 260 million yuan investment in the medical sector that resulted in a debt lawsuit requiring a compensation of 65.53 million yuan [1] Group 3: Governance Issues - The company's governance structure is in disarray, with systemic issues such as non-operational fund occupation by the controlling shareholder and lack of proper documentation in board meetings [2] - The actual controller, Wei Qingwen, has been implicated in leading these governance failures, resulting in penalties for 11 senior executives [2] Group 4: Conclusion - The crisis faced by the company is fundamentally a result of governance failure and short-sighted strategy, highlighting the risks of treating a listed company merely as a financing tool [3]

证券代码：000716 证券简称：黑芝麻 公告编号：2025-031 南方黑芝麻集团股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示 1、本次股东大会未出现否决提案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 南方黑芝麻集团股份有限公司（以下简称"公司"）于 2025 年 6 月 25 日采用 现场与网络投票相结合的方式召开了 2024 年年度股东大会（以下简称"本次股东 大会"），审议并通过了相关的提案，现将有关情况公告如下： 一、会议召开情况 1、会议通知情况 公司于 2025 年 5 月 29 日召开第十一届董事会 2025 年第六次临时会议，审议 并通过了《关于召开公司 2024 年年度股东大会的议案》，董事会决定于 2025 年 6 月 25 日以现场与网络投票相结合的方式召开本次股东大会。根据前述董事会决议， 公司于 2025 年 5 月 30 日公告了《关于召开 2024 年年度股东大会的通知》（公告 编号：2025-027）。 2、会议召集人：公司董事会 3、会议召开方式 ...

北京大成（南宁）律师事务所 关于南方黑芝麻集团股份有限公司 2024 年年度股东大会的 法律意见书 大成证字[2025]第 141 号 www.dacheng.com 南宁市五象新区盘歌路 4 号碧园中心 A 座 19、20 层（530201） 19-20/F Block A, Biyuan Plaza, No.4 Pange Road, Wuxiang New District, Nanning, Guangxi, 530201, China Tel： +86 771 5511820 Fax： +86 771 5511887 法律意见书 北京大成（南宁）律师事务所 关于南方黑芝麻集团股份有限公司 2024 年年度股东大会的 法律意见书 大成证字[2025]第 141 号 致：南方黑芝麻集团股份有限公司 根据《中华人民共和国证券法》（以下简称《证券法》）、《中华人民共和 国公司法》（以下简称《公司法》）和中国证券监督管理委员会《上市公司股东 会规则》（以下简称《股东会规则》）、《深圳证券交易所上市公司股东会网络 投票实施细则》（以下简称《网络投票细则》）等法律、法规及其他有关规范性 文件的要求，北京大成（南宁 ...

Core Insights - Black Sesame (000716.SZ) has come under regulatory scrutiny due to issues related to non-operational fund occupation by controlling shareholders and related parties, improper external guarantees, and governance irregularities [2] - The company’s financial performance has been inconsistent, with revenue declining from 4.476 billion to 2.465 billion from 2019 to 2024, and net profit showing significant volatility [2][3] Regulatory Concerns - The Guangxi Securities Regulatory Bureau issued a warning letter to Black Sesame, highlighting the occupation of company funds by controlling shareholders and related parties, as well as delayed disclosures regarding a 65.53 million yuan external guarantee [2] - Previous disciplinary actions were taken by the Shenzhen Stock Exchange in April for the same guarantee issue, raising concerns about the company's governance capabilities [2] Financial Performance - Black Sesame's revenue has seen a decline, with only a slight increase in 2021, while net profit has fluctuated significantly, including a major loss in 2021 and a return to losses in Q1 2025 [2][3] - The company reported a non-recurring net profit loss of 1.38 million yuan in Q1 2025, indicating ongoing financial struggles [2] Business Strategy and Market Position - The core traditional product sales have been declining, with combined sales of its drink products dropping to 5.2986 million units, nearly halving from peak levels [3] - Attempts to diversify into younger product lines and various sectors, including logistics and energy storage, have largely failed, with the energy storage project becoming a significant source of fund occupation issues [3] Market Reaction - Despite the company's announcement to "seriously rectify" its issues, the market has reacted negatively, with the stock price continuing to decline throughout the year [3] - Investor concerns persist regarding the company's ability to fundamentally improve its governance structure and refocus on its core business [3]

Core Viewpoint - Fawer Automotive Parts Co., Ltd. plans to sell its entire stake in Hezhima Intelligent International Holdings Limited to optimize asset allocation efficiency and realize market-based value conversion of investment returns [1] Group 1: Company Actions - Fawer Automotive's subsidiary, Fusay Automotive Electronics Co., Ltd., intends to sell 1.6485 million shares of Hezhima, representing 0.26% of its total share capital [1] - The board of directors has authorized the management committee to approve the sale plan based on stock market conditions, with authorization valid for 24 months from the date of board approval [1] - The sale will be conducted through various trading methods, including centralized bidding on the stock exchange and block trading, with the transaction price determined based on secondary market price trends [1] Group 2: Transaction Characteristics - The transaction does not constitute a related party transaction or a major asset restructuring [1]

Group 1 - The company signed a non-binding letter of intent to acquire a target company focused on developing and selling cost-effective, low-power AI system-on-chip (SoC) solutions [1] - The target company's products include self-developed intellectual property for image signal processors (ISP), neural network processors (NPU), and analog IP, primarily serving the automotive intelligence and edge AI application sectors [1] - The acquisition aims to enhance the company's product offerings in automotive-grade computing chips and expand into broader robotics applications, providing a full range of AI inference chips and solutions [1] Group 2 - The company is a leading supplier of automotive-grade intelligent vehicle computing SoCs and solutions, ranking as the third-largest global supplier by shipment volume of high-performance automotive SoCs in 2022 [2] - The company showcased its Huashan and Wudang series chips at the 2025 Hong Kong Auto Show, including the Huashan A2000 chip designed for next-generation AI models, featuring the largest NPU core in the industry [2] - The Wudang C1200 family is designed for multi-domain integration and cockpit integration scenarios, with the C1236 being the first single-chip platform supporting high-speed assisted driving [3]