HK Stock Market Move | BLACK SESAME (02533) rose more than 7%. The company's self-developed chip IP technology leads to a rapid increase in market share of SoC products.

BLACK SESAME (02533) rose over 7%, as of the time of writing, it rose by 7.21% to HK$28.25, with a turnover of HK$1324.52 million. China Securities Co., Ltd. pointed out that as the control and retaliation measures on chips between China and the United States continue to escalate, the mainstream market will tilt towards domestic manufacturers. BLACK SESAME is expected to become one of the major beneficiaries of the domestic replacement of intelligent driving chips. The company has strong technical strength, with self-developed core technology chips including NeurallQ ISP image processor and NPUDYNAM JAPANAINN engine for automotive-grade low-power neural network accelerator, enabling quick response to demand, completing product iterations, and achieving differentiation in competition, establishing the company's core competitive advantage. In the field of intelligent driving chips, relying on a high cost-performance positioning, BLACK SESAME's Huashan series focuses on the computing chip market. With the mass production of A2000 in the future, the company is expected to occupy a place in the high computing market with a relatively low price and impressive computing power. Soochow stated that the company has core IP and controls the technological initiative. The company is seen as a rare target for intelligent driving chips with technological genes and strength. The company's forward-looking layout of cross-domain computing and high computing SoC, with the new products Wudang C1200/Huashan A2000 planned to be mass-produced in 2025/2026, is expected to drive high performance growth. Soochow believes that under the context of self-controlled background, coupled with the company's open ecosystem, the company's SoC product and solution market share is expected to increase rapidly.