HK Stock Market Move | BLACK SESAME(02533) has risen by over 5% and will receive a strategic investment of 500 million yuan, intended for use in edge-side AI and embodied intelligence.

BLACK SESAME (02533) rose more than 5%, as of the time of writing, it rose by 5.06%, closing at 22.86 Hong Kong dollars with a transaction volume of 94.078 million Hong Kong dollars. On the news front, on January 8th, BLACK SESAME reached a strategic investment intention with the well-known industrial investment institution Wuyue Feng Kechuang and its industry partner Shanghai Hongqiao Town Investment Group. The joint investment party led by Wuyue Feng is expected to provide a total of 500 million yuan of long-term strategic investment to BLACK SESAME. BLACK SESAME plans to use this investment specifically for the strategic layout of end-side AI and embodied intelligent industry chains, integrating high-quality targets with core technologies and products through investment and acquisitions, to comprehensively accelerate BLACK SESAME's business expansion and market dominance. BLACK SESAME stated that with the patient capital support from Wuyue Feng and the joint investment party, the company will further solidify the "smart cars + Siasun Robot & Automation" dual-wheel drive strategy after strategically acquiring Yizhi Electronics and improving the end-side AI product matrix. The recognition and long-term cooperation of strategic industrial capital will further strengthen the company's ability to expand industrial ecosystems and seize core racing tracks, opening up broad new spaces for future exponential growth.