BLACK SESAME Offers Shares at Over 13% Discount to SummitView, Raising HKD568 Million
Share Placement Announcement: BLACK SESAME (02533.HK) announced the placement of 30.1319 million shares, representing approximately 4.49% of its enlarged share capital, to various enterprises at a price of HKD18.88 per share, which is a 13.24% discount from the previous closing price.
Expected Financial Outcome: The share placement is anticipated to generate around HKD568 million for the company.
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Stock Performance: BLACK SESAME (02533.HK) and BIDU-SW (09888.HK) experienced slight declines in their stock prices, with short selling activity reported for both companies.
Strategic Cooperation: BLACK SESAME and Baidu's Apollo Go have entered a strategic partnership to develop an autonomous driving ecosystem aimed at enhancing China's intelligent driving industry.
Focus on Industry Chain: The collaboration will leverage both companies' technological and operational strengths to accelerate the development of the L4 autonomous driving industry chain.
Analyst Outlook: Citi maintains a "Buy" rating on Baidu (BIDU.US), citing its comprehensive technology capabilities in the sector.

BLACK SESAME Partnership: BLACK SESAME has entered into an agreement with Qingdao COSCO Shipping Digital Technology to develop embodied intelligence inspection robots for marine vessels, enhancing its robotics business in the maritime industry.
Market Performance: The company's stock is currently experiencing a slight decline, with a short selling amount of $2.18 million and a short selling ratio of 0.836%.

Stock Performance: BLACK SESAME (02533.HK) saw a stock increase of +1.000 (+4.596%) with short selling amounting to $909.61K and a ratio of 0.413%.
Product Launch: At CES2026, BLACK SESAME announced the launch of Rovar, the world's first dual-wheeled outdoor companion robot, in partnership with Sentigent Technology.
Technological Integration: The collaboration aims to integrate the Aura core computing module from the SesameX platform into Rovar, enhancing the technology and functionality of outdoor companion robots.
Strategic Achievement: This development marks a significant strategic achievement for BLACK SESAME in the field of embodied intelligence, focusing on advancing robotic systems.

Share Placement Announcement: BLACK SESAME (02533.HK) announced the placement of 30.1319 million shares, representing approximately 4.49% of its enlarged share capital, to various enterprises at a price of HKD18.88 per share, which is a 13.24% discount from the previous closing price.
Expected Financial Outcome: The share placement is anticipated to generate around HKD568 million for the company.

Chip Approval: BLACK SESAME's Huashan A2000 intelligent driving chip has received approval from the US Department of Commerce and Department of Defense for global sales and application.
Performance and Technology: The A2000 chip, built on 7nm technology, integrates high-performance CPU, GPU, and NPU, and is comparable to leading autonomous driving chips, supporting various precision calculations and equipped with the AI toolchain BaRT for efficient development.

Partnership Announcement: BLACK SESAME has formed a strategic partnership with Lenovo Research's robotics lab to collaborate on robotic computing platforms and software application algorithms.
Focus on Innovation: The collaboration aims to enhance indigenous innovation and develop new-generation intelligent robotic products, including robotic dogs, utilizing BLACK SESAME's SesameX multi-dimensional embodied intelligence computing platform.






