Core Insights - The next decade is expected to usher in a "robotic new era," with significant advancements in embodied intelligence and the introduction of the SesameX multi-dimensional intelligent computing platform by Black Sesame Intelligence [1][2][18] Group 1: Product Launch and Technology Development - Black Sesame Intelligence launched the SesameX platform, marking the first commercial deployment platform dedicated to the robotics industry [1][2] - The company aims to leverage its experience in the intelligent automotive sector to drive advancements in robotics, positioning itself as a leader in embodied intelligence [1][2] - The SesameX platform is designed to support automatic deployment, data collection, algorithm iteration, and model updates, which are essential for the practical application of robotics [3][6] Group 2: Technical Architecture and Features - The SesameX platform features a four-layer system architecture, including a computing platform, middleware, atomic application layer, and a neural communication layer [7][15] - Three core computing modules—Kalos, Aura, and Liora—are designed to address different levels of robotic intelligence, from visual perception to cognitive evolution [8][11][13] - The platform emphasizes safety as an integral characteristic, redefining it as "Action = Safety" within the robotics ecosystem [15] Group 3: Industry Collaboration and Ecosystem Development - Black Sesame Intelligence is committed to an open collaboration model, partnering with various stakeholders to promote the commercialization of robotics [16][17] - The company has established strategic partnerships with firms like Joyson Electronics and Hubei Huazhong Electric Power Technology to explore applications of embodied robots in different industries [17] - The launch event included a roundtable forum discussing the future of intelligent robotics, featuring experts from academia and industry [17]

Market Overview - The leisure food sector experienced a decline of 2.33% on November 20, with Nanjiao Food leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Individual Stock Performance - Nanjiao Food (605339) closed at 19.05, down 9.37% with a trading volume of 175,500 shares [1] - Jin Zai Food (003000) closed at 11.86, down 3.18% with a trading volume of 80,900 shares [1] - Wanchen Group (300972) closed at 168.22, down 3.10% with a trading volume of 18,300 shares [1] - Three Squirrels (300783) closed at 23.22, down 2.85% with a trading volume of 81,500 shares [1] - Black Sesame (000716) closed at 6.26, down 2.80% with a trading volume of 224,500 shares [1] - Other notable declines include Lihai Food (300973) down 2.52% and Liangpinpuzi (603719) down 2.51% [1] Capital Flow Analysis - The leisure food sector saw a net outflow of 178 million yuan from main funds, while retail investors contributed a net inflow of 118 million yuan [1] - Speculative funds recorded a net inflow of 60.43 million yuan [1] Detailed Capital Flow for Selected Stocks - Lihai Food (300973) had a main fund net inflow of 5.90 million yuan, but a retail net outflow of 13.17 million yuan [2] - Ziyan Food (603057) experienced a main fund net inflow of 42,400 yuan, with a retail net outflow of 1.79 million yuan [2] - Maquur (002719) had a negligible main fund net inflow of 4,364 yuan, with a retail net outflow of 127,690 yuan [2] - Other stocks like Guangzhou Restaurant (603043) and Huangshanghuang (002695) also reported net outflows from main funds [2]

人民财讯11月20日电，11月20日，在黑芝麻（000716）智能机器人平台产品发布会上，黑芝麻智能创始 人兼CEO单记章表示，下一个10年是智能机器人的时代，预计2030年，机器人将大量走进日常生活，并 与人类持续共同演进，预计2040年各种机器人年销售量将突破10亿台，其市场规模将超万亿美元。 ...

Core Viewpoint - Black Sesame Technology (000716) launched the SESAMEX multi-dimensional embodied intelligence computing platform in Shanghai on November 20, aiming to accelerate the commercialization of the robotics industry [1] Company Summary - Black Sesame Technology is focusing on developing a new generation of embodied intelligence computing platforms [1] - The launch of SESAMEX is a strategic move to enhance the company's position in the commercial robotics sector [1] Industry Summary - The introduction of SESAMEX is expected to contribute to the rapid industrialization of commercial robots [1] - The development of embodied intelligence computing platforms is a significant trend in the robotics industry, indicating a shift towards more advanced and capable robotic solutions [1]

Core Insights - Black Sesame Technology and Zhongji Xuchuang's subsidiary Jiangsu Zhichi Zhiyuan have formed a strategic partnership to leverage their core technologies and resources in various fields, including optical communication, automotive assisted driving, and advanced packaging technology [1][2] - The collaboration aims to integrate "chip + optical module" technologies to address industry pain points and seize opportunities in the next generation of smart industries, providing innovative solutions for the global automotive and robotics sectors [1][2] Company Collaboration - The partnership will focus on the innovative application of optical communication modules in automotive and embodied intelligent terminals, exploring scenarios for optoelectronic co-packaging in next-generation computing platforms to meet future demands for lower latency and higher data transmission [1] - Both companies will actively promote capital cooperation along the upstream and downstream industrial chains, facilitating resource integration and investment linkage to streamline the entire process from technology research and development to industrial implementation [1] Industry Trends - This strategic collaboration signifies a new trend of "cross-domain integration" in the smart industry, highlighting the importance of collaborative innovation between major enterprises [2] - The partnership is expected to create new growth opportunities for both companies while generating additional value for the industry, propelling the global smart industry towards a higher quality development stage [2]

Group 1 - The Robot ETF (562500) is experiencing a decline of 1.25%, with 65 out of 73 constituent stocks falling, while 8 stocks, including Huazhong CNC and Julun Intelligent, are rising against the trend [1] - Despite the market adjustment, the ETF has seen active trading with a transaction volume of 731 million yuan, indicating sufficient market turnover [1] - The ETF has received a net inflow of over 230 million yuan in the last two trading days, reflecting recognition of the sector's value after the pullback [1] Group 2 - Guojin Securities states that embodied intelligence is the strongest application of AI, with humanoid robots being a key direction [2] - The ROB0+ track, representing electrification, is expected to reshape the entire automotive supply chain and become a significant industry trend [2] - In the robotics sector, attention should be paid to new technology iterations and component ticket pricing in the second half of 2025 [2] - Key players in the supply chain include Tesla, Zhiyuan, and Huawei, with Tesla's supply chain expected to resume after a brief pause [2] - The second half of 2025 will focus on the iteration of key components such as tactile sensors and harmonic reducers, as well as the adoption of new materials like PEEK [2]

人民财讯11月19日电，11月19日，黑芝麻（000716）智能与中际旭创（300308）的全资子公司智驰致远 达成战略合作。双方将在光通信技术应用、汽车辅助驾驶、具身智能终端、先进封装技术及产业链资本 等领域展开深度协同，以"芯片+光模块"的技术融合为核心，破解行业痛点，为全球汽车与机器人产业 智能化升级提供全新解决方案。 ...

Core Viewpoint - The strategic collaboration between Hezhima Intelligent and Zhichizhi Yuan, a wholly-owned subsidiary of Zhongji Xuchuang, aims to leverage their respective core technologies and industry resources to enhance the intelligent upgrade of the global automotive and robotics industries through the integration of "chip + optical module" technology [1] Group 1 - Hezhima Intelligent specializes in intelligent automotive computing chips [1] - Zhongji Xuchuang focuses on optical communication modules [1] - The collaboration will explore deep synergy in areas such as optical communication technology applications, automotive assisted driving, embodied intelligent terminals, advanced packaging technology, and capital in the industrial chain [1]

Core Insights - Black Sesame Intelligence, a leader in smart automotive computing chips, has formed a strategic partnership with Zhichihua, a wholly-owned subsidiary of Zhongji Xuchuang, a global leader in optical communication modules [1] - The collaboration aims to leverage each company's core technologies and industrial resources to address industry pain points and seize opportunities in the next generation of smart industries [1] - The focus will be on the integration of "chip + optical module" technologies, targeting applications in optical communication, automotive assisted driving, embodied intelligent terminals, advanced packaging technology, and capital in the industrial chain [1] Company and Industry Summary - Black Sesame Intelligence is recognized for its advancements in smart automotive computing chips, positioning itself as a key player in the automotive industry's technological evolution [1] - Zhongji Xuchuang, through its subsidiary, brings expertise in optical communication modules, enhancing the partnership's potential to innovate within the smart automotive and robotics sectors [1] - The strategic cooperation is expected to provide new solutions for the global automotive and robotics industry's intelligent upgrade, indicating a significant shift towards integrated technology solutions [1]

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].