HK Stock Market Move | HORIZONROBOT-W(09660) increases by over 7%, company benefits from accelerated penetration of intelligent driving, Journey 6 series starts large-scale mass production and delivery this month.

HORIZONROBOT-W (09660) rose more than 7%, as of press time, it was up 7.54% to 7.84 Hong Kong dollars, with a trading volume of 4.12 billion Hong Kong dollars. On the news front, Horizon Siasun Robot & Automation recently announced that BYD Company Limited has launched the Tian Shen Zhi Yan C high-end advanced driving three-eye version (Tian Shen Zhi Yan C), marking the official global debut of the Horizon's latest generation of vehicle-mounted intelligent computing solutions 6 series landing at BYD Company Limited Tian Shen Zhi Yan. The company stated that with the delivery of BYD Company Limited vehicles equipped with Tian Shen Zhi Yan C to users, the 6 series officially began mass production and delivery in February. Zheshang's research report pointed out that the company is benefiting from the accelerated penetration of intelligent driving and the potential top position in the domestic intelligent driving open ecology. Zheshang stated that after the high computing chip J6P is deployed, the company can basically achieve support for all automated driving scenarios, compete with NVIDIA in high computing solution scenarios, and provide main OEMs with more cost-effective solutions. The company's open ecology strategy is more friendly to OEMs and innovatively introduces the BPU IP authorization model to support car companies and partners in developing their own chips, giving partners greater product flexibility and say, with the potential to occupy higher market share as the penetration rate of intelligent driving increases. In addition, the company's forward-looking layout of Siasun Robot & Automation scenarios enables the ecological reuse and scenario extension of the intelligent driving technology stack, broadening the market ceiling.