Black Sesame's revenue rose 81% as its cockpit-driving chip entered mass production

Black Sesame International Holding reported revenue of 458.5 million yuan for the six months to June 30, up 81.3 percent on the same period a year earlier. Gross margin reached 49.5 percent against 24.8 percent, and the loss for the period was 770.3 million yuan. Research and development expenses came to 859.7 million yuan, or 1.88 times revenue.

The company said it shipped more than six million chips in the half, with its driving-assistance business growing 66.8 percent. It described the Wudang C1200 as the first domestic chip platform integrating cockpit and driving functions to reach mass production, and said it is deployed in Dongfeng’s Tianyuan intelligent cockpit platform, with large-scale installation expected in the second half.

For its higher-compute Huashan A2000, the company reported design wins and mass-production programs with Dongfeng, Yutong and Chery, covering functions from Level 2 and above through Level 3. Supporting solutions were co-developed with DeepRoute.ai and Nullmax, and mass production begins in the second half. Black Sesame said it built a system around the chip comprising a proprietary software development kit, AI toolchains and end-to-end and vision-language-action reference models, compatible with third-party algorithms, and that it benchmarked the package in advance against the mandatory national standard on automated driving safety that takes effect on July 1, 2027.

The earlier Huashan A1000 continues to ship with Dongfeng, FAW and BYD. The company completed its acquisition of Eeasy Tech during the period, and reported 47.2 million yuan from embodied AI and related solutions.