Horizon Robotics-W (09660) saw an increase of over 5% in morning trading, and as of the time of this report, the stock rose 3.71% to HKD 8.66, with a trading volume of HKD 794 million. According to reports, Horizon Robotics has delivered its Bosch mid-tier intelligent driving solution based on the Journey 6E/6M in bulk and has secured orders from mainstream Japanese OEM vehicle platforms, covering major sales models in the Chinese market. Additionally, the ET5, which is globally the first vehicle to feature the HSD system, has completed its intelligent driving debut and is set to launch in November, potentially bringing high-end driving experiences to the mainstream market priced around HKD 150,000. Notably, HSD has gained pinpointed partnerships for over 10 vehicle models from multiple automotive companies, with Horizon's plans targeting ten million units of production in the next 3-5 years. Morgan Stanley noted that the accelerated promotion of autonomous driving is initiating a positive adoption cycle, and China is aligning with this trend as global automakers increasingly collaborate with local technologies to expedite their autonomous driving strategies.