Group 1 - The company announced a non-binding letter of intent to acquire a target company focused on developing and selling high-performance, low-power AI system-on-chip (SoC) solutions [2] - The target company has achieved self-research for most of its intellectual property, including ISP, NPU, and analog IP, and provides full-stack solutions primarily in automotive intelligence and edge AI applications [2] - The potential acquisition is expected to enhance the company's ability to offer a full range of automotive-grade computing chips and comprehensive solutions for smart vehicles, as well as expand into broader robotics applications [2] Group 2 - The company is one of the few in China to launch high-performance autonomous driving chip solutions, with its A1000 series chips already in mass production with major automakers like Geely, Dongfeng, and BYD [3] - The A1000 series chips support a high-speed NOA solution that has achieved nationwide highway coverage and coverage in major urban expressways [3] - The Wudang C1200 series chips have completed functional verification for urban no-map NOA and established deep collaborations with companies such as FAW, Dongfeng, Aptiv, Joyson Electronics, and Zebra Smart Mobility [3]

Core Viewpoint - Hezhima Intelligent International Holdings Limited plans to acquire an AI chip company through equity acquisition and capital injection, focusing on high cost-performance, low-power AI system-on-chip (SoC) development and sales [1] Group 1 - The target company specializes in the research and development of AI system chips, with a focus on high cost-performance and low power consumption [1] - The core intellectual property (IP) of the target company, including ISP/NPU, has been self-developed [1] - The primary applications of the target company's products are in automotive intelligence and edge AI applications [1]

Core Viewpoint - The South Black Sesame Group Co., Ltd. received a warning letter from the China Securities Regulatory Commission's Guangxi Regulatory Bureau due to failure to timely disclose significant events and fulfill other responsibilities [1][2] Summary by Relevant Sections Violations - The controlling shareholder and related parties occupied non-operating funds of Black Sesame, failing to disclose these transactions in a timely manner as required by regulatory guidelines [1] - Black Sesame provided external guarantees without timely disclosure or fulfilling necessary review procedures, specifically guaranteeing a loan of 505 million yuan for a children's hospital project [1] Regulatory Actions - The regulatory measure taken was the issuance of a warning letter, which will be recorded in the securities and futures market integrity archives [2]

南方黑芝麻集团股份有限公司 关于控股股东部分股份解除质押的公告 证券代码：000716 证券简称：黑芝麻 公告编号：2025-029 截至本公告披露日，公司控股股东黑五类集团及其一致行动人的还款资金主 要来源于自有及自筹资金等，具备足够的资金偿付能力。质押风险在可控范围之 内，质押不存在可能引发平仓或被强制平仓的情况，不存在可能导致公司实际控 制权发生变更的实质性因素，对上市公司生产经营、公司治理等没有影响。如后 续出现风险，控股股东及其一致行动人将采取包括但不限于补充质押、提前还款 等措施加以应对。 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"）近日接到控股股东广西 黑五类食品集团有限责任公司（以下简称"黑五类集团"、"控股股东"）的通 知，其将所持有公司的部分股份办理解除质押手续，现将具体情况公告如下： 二、股东股份累计质押情况 截至公告披露日，上述股东及其一致行动人所持质押股份情况如下： | | | | | 占其 | 占公 | 已质押股份 | | 未质押股份 | | | --- | --- | --- | ...

南方黑芝麻集团股份有限公司 关于收到广西证监局警示函的公告 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。 南方黑芝麻集团股份有限公司（以下简称"公司"）及相关责任人于2025年6 月16日收到中国证券监督管理委员会广西监管局（以下简称"广西证监局"）出具 的《关于对南方黑芝麻集团股份有限公司及有关责任人采取出具警示函措施的决定》 （行政监管措施决定书[2025]14号，以下简称"警示函"），现公告如下： 证券代码：000716 证券简称：黑芝麻 公告编号：2025-030 2020年9月，黑芝麻以所持广西广投国医投资有限公司36.41%股权(对应出资额 6,553万元)为限，为南宁市儿童医院建设运营管理有限公司向广发银行南宁分行 5.05亿元借款提供担保，担保金额为6,553万元。黑芝麻未及时就上述对外担保事项 履行审议程序及信息披露义务，截至2024年10月30日才对外披露上述对外担保事项。 上述情形不符合《上市公司监管指引第8号--上市公司资金往来、对外担保的监管 要求》(证监会公告〔2022〕26号)第七条、第十条、第十二条，《关于规范上市公 司与关联 ...

Core Viewpoint - The South Black Sesame Group Co., Ltd. received a warning letter from the Guangxi Securities Regulatory Bureau due to issues related to non-operating fund occupation and improper external guarantees, indicating regulatory compliance failures [1][2][3][4]. Group 1: Non-operating Fund Occupation - The company failed to disclose non-operating fund occupations by its controlling shareholder and related parties in a timely manner, violating several regulatory guidelines [1]. - The controlling shareholder, Guangxi Black Five Food Group Co., Ltd., and related parties were found to have occupied funds without proper disclosure [1]. Group 2: Improper External Guarantees - In September 2020, the company provided a guarantee for a loan of 505 million yuan to Nanning Children's Hospital using its stake in Guangxi Guotai Traditional Chinese Medicine Investment Co., Ltd. without timely disclosure [2]. - The company did not follow the required procedures for external guarantees, which is against regulatory requirements [2]. Group 3: Governance Issues - The company exhibited governance irregularities, including improper roles in shareholder meetings and lack of written records for board meetings [4]. - Key executives, including the chairman and general manager, were identified as directly responsible for these violations [4]. Group 4: Response and Remediation - The company acknowledged the issues raised in the warning letter and committed to taking corrective actions, including submitting a written rectification report within 30 days [5]. - The company plans to enhance its internal governance mechanisms and improve compliance with relevant laws and regulations [5]. Group 5: Current Operations - The company stated that its current production and operational activities remain normal and that the warning letter will not affect its management [6]. - The company emphasized its commitment to fulfilling information disclosure obligations and improving the quality of disclosures [6].

Mergers and Acquisitions - Conch New Materials plans to acquire 80% of Kangning Special Environmental Technology Co., Ltd. and 100% of Zhengzhou Kangning Special Environmental Engineering Technology Co., Ltd. for a total transaction price of approximately 186 million yuan, with final pricing subject to adjustments based on asset valuations at the time of management transfer [1] - BOE Technology Group intends to acquire 30% of Xianyang Rainbow Optoelectronics Technology Co., Ltd. through a public bidding process, with a starting price of 4.849 billion yuan [2] - Wutong Holdings aims to purchase 20% of Suzhou Wutong Intelligent Electronics Co., Ltd. for 84 million yuan to enhance its smart manufacturing business [3] Shareholding Changes - SITW announced that the National Integrated Circuit Industry Investment Fund II has reduced its shareholding from 7.35% to 6.99% after selling 1.45 million shares [4] - Double Fly Group's shareholders plan to collectively reduce their holdings by no more than 210,000 shares, with specific reductions of 90,000 shares and 120,000 shares from two different shareholders [5] - Lixing Co., Ltd. executives plan to reduce their holdings by a total of 218,000 shares, with individual reductions of 88,000 shares, 65,000 shares, and 65,000 shares [6]

Group 1 - Black Sesame has received a warning letter from the Guangxi Securities Regulatory Bureau due to non-operational fund occupation by its controlling shareholder and related parties [1] - The controlling shareholder, Guangxi Black Five Food Group Co., Ltd., and related parties have been found to occupy Black Sesame's funds without proper disclosure in temporary announcements and periodic reports [1] - Black Sesame has also violated external guarantee regulations by providing a guarantee for a loan of 505 million yuan to Nanning Children's Hospital without timely disclosure and necessary approval procedures [1] Group 2 - The Guangxi Securities Regulatory Bureau has taken administrative regulatory measures against the responsible individuals, including the former chairman and general manager, by issuing warning letters and recording them in the securities and futures market integrity archives [2] - The company has been found to have governance issues, including improper roles in shareholder meetings and lack of written records for board and supervisory meetings conducted via communication voting [1][2]

Group 1 - The company received a warning letter from the Guangxi Securities Regulatory Bureau on June 16, 2025 [1] - The warning letter indicated issues related to the controlling shareholder and related parties' non-operating fund occupation and illegal external guarantees [1] - The company will strictly follow the requirements for rectification and submit a written rectification report within 30 days [1]

Group 1 - The automotive industry is experiencing a significant opportunity with the rise of third-party high-performance computing chips, as companies face the choice between self-developed and externally supplied chips for intelligent driving [1][4] - Tesla's strategy of self-developing HW3.0 and later collaborating with Broadcom for HW4.0 highlights the increasing importance of specialized third-party suppliers in meeting the growing computational demands of intelligent driving [1][3] - Black Sesame Intelligence, a leading domestic chip supplier, has proven its capabilities by becoming a supplier for BYD's "Tianshen Eye" intelligent driving platform and showcasing its products at the Hong Kong "Car Expo" [1][3][4] Group 2 - Black Sesame Intelligence's global expansion is a natural outcome of the trend of Chinese new energy vehicles entering international markets, with its chips widely adopted by major automakers like Geely and Dongfeng [4][5] - The company has been focusing on high-performance chips since its establishment in 2016, launching the 58 TOPS Huashan A1000 chip in 2020 and the 106 TOPS A1000 Pro in 2021, positioning itself ahead of competitors [5][6] - The launch of the Huashan A2000 family, capable of exceeding 1000 TOPS, aligns with the industry's shift towards higher-level intelligent driving features, making Black Sesame a viable alternative to NVIDIA's Orin [6][7] Group 3 - Black Sesame Intelligence is experiencing a commercial harvest period, with a projected revenue increase of 51.8% in 2024 and a gross margin rise to 41.1% [7] - The performance of a System on Chip (SoC) is not solely determined by computational power; the integration with algorithms is crucial, especially as AI model technology advances [7][8] - The Huashan A2000 family features the industry's largest NPU core, "Jiushao," designed for neural network computations, which enhances efficiency compared to traditional GPUs [7][8] Group 4 - The Jiushao architecture supports mixed precision and is optimized for high-precision quantization and Transformer algorithms, which are essential for the development of autonomous driving technologies [8][9] - Black Sesame Intelligence's technology is also being applied in the field of embodied intelligence, with its chips supporting various applications beyond autonomous driving, including humanoid robots [8][9] - The company has partnered with Fourier to provide computational support for its "Dexterous Hand," indicating its commitment to expanding into broader applications of embodied intelligence [9]