HORIZONROBOT-W(09660) releases interim performance with a gross profit of 1.024 billion yuan, a year-on-year increase of 38.61%.

HORIZONROBOT-W (09660) released its mid-year performance for the six months ending on June 30, 2025. The revenue from customer contracts was 1.567 billion yuan (RMB), an increase of 67.64% compared to the previous year; gross profit was 1.024 billion yuan, an increase of 38.61% year-on-year. The announcement stated that in the first half of 2025, the company continued to maintain its leading market share in basic assisted driving solutions and overall assisted driving solutions for Chinese car manufacturers, with shares of 45.8% and 32.4% respectively, further consolidating the group's leading position in the Chinese market. With the industry trend towards intelligent driving and increasing consumer acceptance of mid-to-high-end assisted driving functions, the company's shipment of vehicle-grade Journey series processing hardware reached 1.98 million sets during the reporting period, an increase of 100% year-on-year. Among them, the shipment of hardware supporting highway assisted driving functions reached 980,000 sets, accounting for 49.5% of total shipments, six times that of the same period last year, mainly driven by the group's new generation Journey 6 series products, becoming the main driver of the group's business growth. By the end of 2024, the company had accumulated designated models for over 310 vehicle models. By the end of the reporting period, the group had obtained nearly 400 new designated vehicle models, with over 100 models equipped with highway assisted driving or higher functions. In the first half of 2025, over 15 models equipped with the group's mid-to-high-end assisted driving solutions were successfully put into production and launched on the market.