Movement Alert｜HORIZONROBOT-W Rises 3.04% in Regular Trading, Smart Driving Chip Mass Production Progress Boosts Industry Confidence

Market Focus10-09

On October 9, HORIZONROBOT-W rose 3.04% in regular trading, trading at 4.07 Hong Kong dollars, with turnover of 213 million Hong Kong dollars.

The intraday gain follows reports that the company's smart driving chip mass production progress is boosting industry confidence. Interim results showed revenue of 2.055 billion yuan, up 32.9% year-on-year, with licensing and services revenue up 52.7%, becoming a core incremental driver.

HORIZONROBOT-W is an investment holding company mainly providing advanced driver assistance systems (ADAS) and high-level autonomous driving (AD) solutions for passenger vehicles. Its solutions include Horizon Mono, Horizon Pilot, and Horizon SuperDrive, as well as in-cabin solutions. The company also offers non-vehicle solutions enabling equipment manufacturers to design and manufacture devices such as lawn mowers, fitness mirrors, and air purifiers, primarily in the domestic market.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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