Black Sesame Technologies (02533) has announced that its wholly-owned subsidiary, Black Sesame Technologies Co., Ltd., recently entered into a sales and technology development contract with an A-share listed company (an industry partner).
The total amount of the sales contract is approximately RMB 300 million. Within one year from the signing of the contract, it is expected that approximately RMB 250 million worth of AI computing server turnkey products built around the group's high-performance AI chips will be procured.
The sales contract represents the group's first batch of orders for AI computing servers. The board of directors believes that the signing of this sales contract marks an important and substantive progress in the group's expansion of its AI computing server business based on its AI computing platform.
Deepening ties with a leading customer and securing a large-scale order will facilitate the restructuring of the group's profitable business, help drive long-term growth in related business revenue and improve profitability, and continuously enhance the product and solution layout for AI computing scenarios.
In the future, the group will continue to cooperate with more leading companies in AI computing services, promote the continuous landing of orders, and jointly seize the new round of industry opportunities brought by the expansion of AI computing from the cloud to edge and local deployment.
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