Black Sesame Technologies Completes Acquisition of Yizhi Electronics, Accelerating Edge AI Strategy

Black Sesame Technologies announced on July 14th that it has successfully completed its acquisition of Yizhi Electronics. The two companies had previously agreed to a three-year performance commitment. Under this agreement, Yizhi Electronics is expected to achieve a cumulative taxable revenue of no less than 300 million yuan in 2026, 400 million yuan in 2027, and 500 million yuan in 2028, totaling at least 1.2 billion yuan over the three years. Concurrently, net profits are projected to be at least 5 million yuan in 2026, 35 million yuan in 2027, and 50 million yuan in 2028, accumulating to a minimum of 90 million yuan. Yizhi Electronics experienced high year-on-year revenue growth in the first half of this year and has already exceeded its net profit target for the full year 2026. Its gross profit margin and profitability have significantly improved, with expectations for continued positive business performance in the second half of the year. Moving forward, Black Sesame Technologies plans to leverage its comprehensive product matrix and synergistic effects across all dimensions to expedite the large-scale implementation of its edge AI technology in a wider range of practical applications.