Core Viewpoint - Black Sesame Intelligence (000716) announced plans to acquire Guangdong Zhuhai-based AI chip company Yizhi Electronics for an estimated total consideration of RMB 400 million to 550 million, with the transaction expected to be completed in Q1 2026 [1] Group 1: Acquisition Details - The acquisition will be executed through equity purchase and capital injection [1] - Following the completion of the acquisition, Yizhi Electronics' financial performance will be consolidated into Black Sesame's financial statements [1] - The expected completion date for the transaction is the first quarter of 2026 [1] Group 2: Yizhi Electronics Overview - Yizhi Electronics specializes in the independent research and development of edge/endpoint AI SoC chips [1] - The company has established a complete technological closed loop from underlying IP to upper-layer algorithms [1] - Yizhi Electronics has developed three major product series: SA, SH, and SV, which are applicable in various fields including smart security, intelligent automotive (such as ADAS/DMS), and consumer electronics [1]

Core Viewpoint - Black Sesame Technologies (02533) has announced plans to acquire Guangdong Zhuhai Edge AI chip company Yizhi Electronics through equity acquisition and capital injection, with an expected total cost of approximately RMB 400 million to 550 million [1] Group 1: Company Overview - Black Sesame Technologies opened over 3% higher, currently up 3.4% at HKD 20.1, with a trading volume of HKD 2.1587 million [1] - Yizhi Electronics specializes in the independent research and development of edge/terminal AI SoC chips and has established a complete technological closed loop from underlying IP to upper-layer algorithms [1] Group 2: Product and Market Focus - Yizhi Electronics has developed three major product series: SA, SH, and SV, which are applied in various fields including smart security, intelligent automotive (such as ADAS/DMS), and consumer electronics [1] - The financial performance of Yizhi Electronics will be consolidated into Black Sesame Technologies' financial statements upon completion of the acquisition, expected in the first quarter of 2026 [1]

Group 1 - The core point of the news is that Hezhima Intelligent plans to acquire a majority stake in Yizhi Electronics for a total consideration between RMB 400 million and 550 million, with the transaction expected to be completed in the first quarter of 2026 [1][2] - Yizhi Electronics, established in 2016, specializes in the independent research and development of edge AI SoC chips and has developed a complete technical closed loop from underlying IP to upper-layer algorithms [1] - The acquisition is expected to enhance Hezhima Intelligent's competitive advantage in the AI SoC chip sector by enabling the provision of a full range of automotive-grade computing chips and expanding into broader robotics applications [2] Group 2 - Hezhima Intelligent has previously indicated potential acquisition plans in June and August but did not disclose the target company's name at that time [2] - The company recently launched the SesameX multidimensional intelligent computing platform aimed at the robotics industry, marking a significant step in its expansion beyond automotive solutions [2] - A strategic cooperation was announced with Zhongji Xuchuang's subsidiary, focusing on deep collaboration in optical communication technology, automotive assistance, and advanced packaging technology [2]