HORIZONROBOT-W (09660) saw its stock price surge by 5.07% in Thursday's trading session, as investors responded positively to news of upcoming national standards for combined driving assistance systems in China. The company, a dominant player in the advanced driving assistance solution market, is well-positioned to benefit from these regulatory developments.

The rally comes as the Ministry of Industry and Information Technology (MIIT) seeks public opinion on the mandatory national standard "Safety Requirements for Combined Driving Assistance Systems of Intelligent Connected Vehicles." This new standard is expected to establish a safety baseline for intelligent connected vehicle products and promote standardized industry development. HORIZONROBOT-W, as one of the few suppliers capable of providing both chips and algorithms, stands to gain significantly from these regulatory changes.

HORIZONROBOT-W's strong market position is underpinned by its advanced product offerings. The company has launched high-performance chips like J6P and HorizonCell, providing 1120TOPS computing power, which places it among China's top-tier computing power providers. Additionally, its urban NOA intelligent driving solutions and software-hardware integration have further enhanced its competitive edge. The company's products are already installed in popular models from manufacturers such as Li Auto, NIO, and Chery, with further collaborations with industry giants like BYD and Bosch.

Industry experts anticipate that the period leading up to the official release of these standards next year will be crucial for breakthroughs in automotive intelligent driving technology, policy regulations, user acceptance, and business models. As a key player in this evolving landscape, HORIZONROBOT-W is well-positioned to capitalize on the growing demand for advanced intelligent driving solutions in the Chinese market and potentially beyond.