On March 31st, BLACK SESAME (02533) announced its 2025 full-year financial results, achieving a record annual revenue of 822 million yuan, a significant increase of 73.4% year-over-year. This marks the third consecutive year of high revenue growth for the company. Revenue from its Embodied AI Solutions segment reached 96.3 million yuan. Gross profit showed steady growth, rising from 195 million yuan to 337 million yuan. Benefitting from the rapid expansion of the Embodied AI and Solutions business, improved gross margins from the scaling of high-level assisted driving solutions, and reduced operational costs, BLACK SESAME narrowed its full-year operating loss by 17.5% compared to the previous year. The overall financial data indicates a positive trend of rapid business scaling, focused strategic investment, and enhanced quality of growth. The announcement revealed that in 2025, the company's core autonomous driving business remained robust, with mass production scale continuing to expand and breakthroughs achieved in overseas markets. New business areas, including Embodied AI and Solutions, have progressed from the technological exploration phase to the stage of commercial deployment, contributing new revenue streams. By the end of the year, the company had finalized the acquisition agreement for Yizhi Electronics, extending its product line into the edge AI sector and laying the groundwork for expanding into broader application scenarios in the future. In 2026, BLACK SESAME will continue to focus on edge AI directions such as smart vehicles, embodied intelligence, and solutions, advancing mass production delivery, technological iteration, and market expansion, aiming for continued business scale growth and a steady improvement in profitability.