On July 2, RoboSense (02498.HK) rose 8.37% in regular trading, trading at HK$23.92/share, with turnover of approximately HK$61 million.

On the news front, the company's self-developed SPAD-SoC chip codenamed Peacock has entered the Q3 mass production and shipment phase, with small-batch deliveries to customers already completed. This milestone marks the company's chip self-development strategy entering a realization period. Additionally, the 4-million-pixel LiDAR solution based on the Phoenix chip has secured a design win from a leading automaker, slated for mass production within the year.

Fundamentally, RoboSense reported Q1 revenue of RMB 459 million, up 39.9% YoY, with total LiDAR shipments of 330,300 units, up 204.1% YoY. Notably, robot LiDAR sales of 185,500 units surpassed ADAS LiDAR for the first time, while ADAS backlog orders exceed 9 million units. Multiple brokerages maintain Buy ratings with target prices ranging from HK$46 to HK$49.

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