Black Sesame Technologies is poised to acquire and invest in a pioneering enterprise specializing in cost-effective, low-power AI system-on-chips (SoCs). This target company boasts a significant portfolio of independently developed chip intellectual property rights, primarily offering comprehensive solutions tailored for automotive intelligence and edge AI applications. The proposed acquisition will serve as a catalyst for Black Sesame Technologies, enabling it to broaden its computing chip product line, fortify its capabilities in delivering full-scene solutions for smart cars, elevate supply chain efficiency, and venture into the robotics sector. Consequently, this strategic move will amplify the company's business scale and enhance its competitive edge.