Black Sesame Intelligence Listed on Hong Kong Stock Exchange with New Developments

TapTechNews August 8th news, The first domestic intelligent vehicle driving chip stock Black Sesame Intelligence was listed on the Hong Kong Stock Exchange today. According to the announcement submitted to the Hong Kong Stock Exchange later on Wednesday, Black Sesame sold 37 million shares at HK$28 per share (TapTechNews note: currently about 26 RMB), raising about HK$1.04 billion (currently about 957 million RMB). The IPO offering price range of Black Sesame is HK$28-30.3 per share (currently about 26-28 RMB). The public offering part of Black Sesame was oversubscribed by 2.52 times, and the international offering part was oversubscribed by 1.05 times, and the stock is traded today.

According to the CaiLian Press, Black Sesame Intelligence has currently launched Huashan and Wudang series cross-domain computing chips, and has also developed the next-generation automotive-grade SoC product to meet the more diverse and complex needs of advanced functions of intelligent vehicles. At the same time, Black Sesame Intelligence is expanding its capabilities in automotive-grade chips, including further developing and commercializing the Wudang series cross-domain SoC products.

TapTechNews inquiry found that the Black Sesame Intelligence Huashan A1000 chip has been installed on the Dongfeng Yipai eπ007 sedan, and the high-speed NOA pilot assisted driving function of this car can realize the whole path planning, and can realize following the car, autonomous lane changing, getting on and off the ramp on urban expressways and highways covered by high-precision maps, and can also carry out the reminder or broadcast of the front road condition information.