Analysis of 02533.HK: Black Sesame Intelligent and Avita Technology Market Insights

Black Sesame Intelligent (02533.HK) is a supplier focusing on automotive-grade autonomous driving SoC chips and solutions. In 2025, it became a hot stock due to the explosive growth of the intelligent driving industry and expectations of cooperation with leading automakers like BYD [1]. Since the beginning of 2025, the company has achieved a cumulative return of 29.93%, with a market capitalization of approximately HK$12.7 billion, mainly benefiting from the trend of domestic intelligent driving chip substitution and product technology breakthroughs [2].

• The company mainly engages in automotive-grade autonomous driving SoC chips and SoC-based intelligent vehicle solutions, ranking third globally in terms of shipments of high-computing-power automotive-grade SoCs [1]
• Since the start of 2025, the stock price has risen by 29.93% cumulatively, outperforming the Hang Seng Index’s 28.79% performance [3]
• In the first half of 2025, it achieved operating revenue of 253 million yuan, a year-on-year increase of 40.4%, with steady performance growth [2]
• The Huashan A1000 series chips have been adopted by multiple automakers, including expected cooperation with BYD that drove the stock price to surge [4]
• The intelligent driving industry has entered an explosive period, with the penetration rate of domestic intelligent driving chips rising rapidly; as a leading supplier, the company is a core beneficiary [3]
• Analysts have given a “Buy” rating, predicting 2025 revenue will reach 1.039 billion yuan and the target price will be HK$23.63 [5]

02533.HK is the Hong Kong stock code of Avita Technology (Chongqing) Co., Ltd., a Chinese intelligent electric vehicle enterprise that submitted an IPO application to the Hong Kong Stock Exchange in 2025 [6]. Through strategic partnerships with Changan Automobile, CATL, Huawei, and others, Avita Technology has significant advantages in the new energy vehicle sector.

• Avita Technology submitted a listing application to the Hong Kong Stock Exchange in 2025, with CITIC Securities and CICC as joint sponsors [6]
• Since 2021, the company has established strategic cooperative relationships with Changan Automobile, CATL, Huawei, and others [6]
• In February 2025, Avita acquired a 10% stake in Yinwang for 11.5 billion yuan, planning to jointly develop next-generation models [6]
• As an intelligent new energy vehicle enterprise, it benefits from the overall favorable policies for the new energy vehicle industry in 2025 [6]
• The company adopts a market-oriented approach and independently builds a new luxury brand positioning [6]