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]