BISEN SMART issued a public notice stating its intention to acquire a 51% stake in CSK Cognitive Systems using cash, thereby securing a controlling interest. The funds for this acquisition will be drawn from the residual proceeds after scaling back investment projects initially financed by the capital raised from its initial public offering and subsequent listing. The proposed acquisition price stands at a tentative 100 million yuan. CSK Cognitive Systems has a longstanding focus on the research, development, and industrial utilization of fundamental technologies for embodied intelligent robots. It is acknowledged by the Ministry of Industry and Information Technology as a "specialized, refined, distinctive, and innovative" small giant enterprise within the artificial intelligence sector. BISEN SMART's "hardware + platform + service" approach in the domains of smart parking, charging, and access control Internet of Things aligns closely with CSK Cognitive Systems' strengths in talent acquisition, R&D capabilities, and scenario implementation, promising a profound synergistic collaboration between the two entities.