Horizon Robotics-W (09660) rose nearly 3%, with a gain of 2.14% to HK$9.56 at the time of writing and a turnover of HK$563 million. On the news front, on December 31, 2025, autonomous driving company neueHCT completed a financing round of nearly US$200 million. This investment was jointly made by leading industrial capital and market-oriented funds, including Yunfeng Capital, Dachen (Dachen Caizhi, Guochen Venture Capital), Hundun Investment, Bihong Investment, and Ningbo Commercial Fund (Yongning Gaoxin Fund). Strategic shareholder OMV Group (formerly the automotive subgroup of Continental AG), together with Horizon Robotics-W, participated in the additional funding. Following the initial market-based financing round in early 2025, which included participation from Hillhouse Capital, China International Capital Corporation (CICC) Porsche, and Zhejiang Financial Control, the company has once again received strong recognition from investment institutions, highlighting its technological strength and commercial potential. It is reported that, building on its core technological expertise, neueHCT has established a product matrix comprising "HCT Astra Urban Intelligent Assisted Driving and HCT Luna High-Performance ADAS Solutions." The new-generation HCT Astra one-stage end-to-end system delivers a human-like driving experience adapted for complex urban road conditions, making reliable urban assisted driving accessible for passenger vehicles priced around ¥100,000. In 2025, the company secured collaborations for over 10 vehicle models, demonstrating its efficiency in commercial deployment. Additionally, the company has achieved a commercial breakthrough in overseas markets, conducting product validation and deployment in multiple countries and regions, thereby promoting the globalization and democratization of intelligent assisted driving technology.
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