Core Viewpoint - Black Sesame Intelligence (02533.HK) is planning to acquire Zhuhai Yizhi Electronic Technology Co., Ltd. for an estimated price between 400 million to 500 million RMB, with the acquisition expected to be completed in the first quarter of next year [2][5][6]. Group 1: Acquisition Details - The acquisition will be executed through equity purchase and capital injection, allowing the company to obtain a majority stake in Yizhi Electronics [2][5]. - The company signed a letter of intent with an independent third party in June to acquire a target company focused on cost-effective, low-power AI system-on-chip (SoC) solutions, primarily in automotive intelligence and edge AI applications [6]. Group 2: Yizhi Electronics Overview - Yizhi Electronics specializes in AI machine vision algorithms and SoC chip design, providing system-level solutions across multiple scenarios [3][6]. - The product line includes applications in smart vehicles, smart hardware, and smart security, with a commitment to independent research and development of AI acceleration, high-definition display, audio and video coding, and high-speed mixed-signal IP [3][6]. - The company has successfully mass-produced the industry's first soft-hardware collaborative image recognition SoC chip equipped with its self-developed NPU since 2019, aiding numerous partners in achieving large-scale AI product production [3][6].

Group 1 - The company, Hezhima Intelligent (02533.HK), plans to acquire Zhuhai Yizhi Electronic Technology Co., Ltd. for an estimated price between 400 million to 500 million RMB [2] - The acquisition is expected to be completed in the first quarter of next year, with the company anticipated to gain a majority stake in the target company [2] - The target company specializes in the development and sales of cost-effective, low-power AI system-on-chip (SoC) solutions, primarily focusing on automotive intelligence and edge AI applications [2] Group 2 - Yizhi Electronic is a system solution provider centered on AI machine vision algorithms and SoC chip design, focusing on edge/terminal general-purpose AI SoC chip research and development [3] - The company offers a product line that covers three main application areas: intelligent automotive, smart hardware, and smart security [3] - Yizhi Electronic has developed a matrix of AI chip products, including three series of edge/terminal AI SoC chips, catering to various application scenarios in edge/terminal AI [3]