HORIZONROBOT-W shares surged 5% in intraday trading, extending a recent rebound as investors reacted to the company's robust mid-term guidance and positive analyst calls.

The company previously disclosed H1 revenue guidance of RMB 1.93 billion to RMB 2.08 billion, representing year-over-year growth of 24.8% to 34.5%, with gross margin reaching as high as 66% – all exceeding market expectations. Goldman Sachs subsequently raised its full-year net profit forecast to RMB 1.7 billion and maintained a Buy rating with a target price of HK$13.14, expecting the company to outperform the broader Chinese auto market. Citi also initiated a 30-day positive catalyst watch, citing the deepened partnership with Volkswagen through CARIZON and anticipated market share gains from BYD God Eye solution penetration in the second half of the year.

HORIZONROBOT-W provides advanced driver-assistance systems and high-level autonomous driving solutions for passenger vehicles, primarily serving the domestic China market.