Successively, IMOTIONTECH (01274) has achieved mass production of its unmanned logistics vehicles for its self-owned brand, demonstrating a strategic layout in the field of intelligent driving to create new growth opportunities.

With "Intelligent Driving Track" as the foundation, IMOTIONTECH (01274) is tapping into the growth opportunities in the intelligent driving track, developing multiple tracks in depth. IMOTIONTECH focuses on the intelligent driving track and is one of the leaders in domestic intelligent driving solutions. The company has commercialized Level 2 to Level 2+ combination driver assistance solutions (Level 2+ is not an official classification under SAE standards) and is developing Level 3 to Level 4 autonomous driving solutions. With technological and product advantages, the company stands out in the intelligent driving track, extending its applications from passenger cars to commercial vehicles and logistics vehicles. Recently, the company has been focusing on the logistics vehicle field, expanding its self-developed domain controller product to unmanned logistics vehicles by December 2025. It has secured projects with a leading brand commercial vehicle in January 2026, providing automatic driving software and hardware integrated domain controller iDC700 based on the Horizon Dual Journey 6M (J6M). The domain controller provides an efficient and reliable operating environment for the autonomous driving system, serving as the cornerstone for unmanned logistics vehicles to smoothly navigate from point A to point B. The company's entry into the logistics vehicle field with its self-developed products and continuous acquisition of orders from top brands in the automotive industry positions unmanned logistics vehicles as a growth point in the intelligent driving track for the company. Broad market prospects for unmanned logistics vehicles The unmanned driving logistics vehicle market is in its early stages, but there are policies driving its development in many regions. For example, in January of this year, Guangzhou conducted road tests for the first batch of unmanned logistics vehicles. China Post Group and Jiushiyi Intelligent cooperated to launch the first 20 unmanned driving-equipped vehicles in Guangzhou for road testing, which will promote the commercialization of the industry. According to Soochow Research, it is expected that by 2026, sales of unmanned logistics vehicles will exceed 100,000 units, with a penetration rate of 3.4%. According to WEResearch, the domestic market for unmanned logistics vehicles is expected to exceed 14 billion RMB by 2028, maintaining a doubling growth rate. IMOTIONTECH's self-developed iDC500 combination driver assistant domain controller is the world's first combination driver assistance solution successfully deployed in mass production on the Renesas V4H computing platform with BEV Transformer+OCC perception algorithm. In addition, the company's cooperation with Horizon has rapidly advanced the production cooperation on the latest Horizon 6 series platform while continuously advancing its autonomous driving algorithm, transitioning from a "perception-decision" end-to-end model to an "understand-reason" upgrade. Efficient technical reuse of the four systems. IMOTIONTECH is laying out multiple fields in the intelligent driving track, continuously securing unmanned logistics vehicle projects, benefiting from its agile system, lightweight algorithms, modular hardware, and platform software system of the "four systems", which enables effective reuse in these fields. Technical reuse reduces development costs, achieves scale effects, and balances cost and performance. IMOTIONTECH mainly enters the unmanned logistics vehicle market through cooperation with Horizon. The company's previous development and mass production experience on the Horizon J6M and Dual Journey series platforms have laid a solid foundation for the mass production and landing of the Horizon Dual J6M unmanned logistics vehicle software and hardware integrated domain controller, as well as future platform development in multiple scenarios, providing a solid foundation for technology transfer. Laying out the intelligent driving track to create a new growth curve It is worth mentioning that IMOTIONTECH has made a deep development in multiple fields on the "Intelligent Driving Track", continuously strengthening its base while opening up new tracks, such as the embodied intelligence track. The current layout progress is smooth, with the potential to create a new growth curve. In March 2025, the company established a wholly-owned subsidiary, AIMOXSTAR Siasun Robot & Automation; signed an equity transfer framework agreement with Suzhou Xiao Gongjian Siasun Robot & Automation in May; and reached a preliminary cooperation intention with Shenzhen Digua Siasun Robot & Automation, an affiliate of Horizon, in July, planning to develop the Siasun Robot & Automation controller AIMOXSTAR iRC100 based on the intelligent computing platform RDK S100P of Digua Siasun Robot & Automation, providing customers with a more mature and reliable software and hardware integrated intelligent Siasun Robot & Automation solution. IMOTIONTECH has quickly deployed its business, mainly due to the technological and industrial foundation of its parent company. By leveraging the accumulated technology and mass production experience in the combination driver assistant domain controller and the universality of technology in visual perception, multimodal interaction, etc., the company can focus more on the commercialization of embodied intelligence technology from research and development. Major car manufacturers are also entering the field of embodied intelligence, including Tesla, Xiaopeng, Chery, GAC, Xiaomi, Dongfeng, and other mainstream car companies. The embodied intelligence industry has entered a period of rapid growth, and it is expected that the company will receive more commercial orders by 2026. From the perspective of major investment banks, reports from Sinolink indicate that 2026 is an important milestone for the realization of humanoid Siasun Robot & Automation 0-1, with the expected launch of the first-generation mass-produced product from Tesla's chain in Q1 and large-scale production in the second half of the year. A report from Hualong Securities indicates that the humanoid Siasun Robot & Automation flywheel is about to start, with the leading humanoid Siasun Robot & Automation manufacturers already achieving production and shipment levels in the thousands in 2025, and it is expected that production levels will reach from thousands to tens of thousands in 2026.