BLACK SESAME (02533) announced that the group intends to acquire Zhuhai Yizhi Electronics Technology Co., Ltd. through a combination of equity acquisition and capital injection, with an estimated total consideration ranging between RMB 400 million and RMB 550 million. Upon completion of the potential acquisition, the group is expected to secure a majority stake in the target company, which will then be classified as a non-wholly owned subsidiary, with its financial results consolidated into the group. BLACK SESAME and relevant parties are actively advancing the preparatory work for the potential acquisition, which is anticipated to be finalized in the first quarter of 2026.