Black Sesame Smart Financial Performance

In 2021, 2022 and 2023, the revenue of Heizhima's intelligent autonomous driving products and solutions was RMB 34 million, RMB 142 million and RMB 276 million, accounting for 56.6%, 86% and 88.5% respectively. During the same period, the company's total revenue was RMB 61 million, RMB 165 million and RMB 312 million, with annual losses of RMB 2.357 billion, RMB 2.754 billion and RMB 4.855 billion, and adjusted net losses of RMB 614 million, RMB 700 million and RMB 1.254 billion, respectively.