HORIZONROBOT-W (09660) Surges Over 6% as Xingtou ET5 Globally Debuts with Horizon HSD

Stock News
10/21

HORIZONROBOT-W (09660) has seen a notable increase of over 6%, reaching a rise of 6.05% to HKD 8.76, with a trading volume of HKD 830 million as of the time of publication. According to updates from HORIZON's official WeChat, the 2025 Chery Global Innovation Conference, themed "Innovation · Leading the World," commenced on October 18-21. One of the highlights of this conference was the global premiere of the Xingtou ET5, which features Horizon's HSD and the Chengcheng® 6P, marking the first public experience of its advanced driver assistance capabilities. The outstanding driving assistance experience of the Xingtou ET5 is attributed to the systemic advantages of Horizon's HSD software and hardware collaboration. Utilizing the flagship Chengcheng 6P as its foundation, the vehicle employs a leading technical architecture of "end-to-end + reinforcement learning" to significantly enhance the safety, efficiency, and comfort of its driving assistance. Notably, HSD has secured multiple contracts for over 10 vehicle models from various car manufacturers, and Horizon aims for a production target of millions within the next 3-5 years. Morgan Stanley highlighted that the accelerated promotion of global autonomous driving is initiating a positive adoption cycle, with China aligning with this trend as global automotive manufacturers increasingly collaborate with local technologies to expedite their autonomous driving strategies.

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