On October 7, HORIZONROBOT-W fell 3.22% in regular trading, trading at HK$3.915 with turnover of HK$41.43 million.

The decline came after the company's interim results showed non-IFRS adjusted net loss widened 25.4% year-over-year to RMB1.671 billion, despite revenue growing 32.9% to RMB2.055 billion and gross margin holding at 66.0%. Operating cash outflow also expanded to RMB2.798 billion, up 30.5% from a year earlier. While multiple brokerages maintained buy or outperform ratings and highlighted accelerating intelligent driving product iteration, the market remained concerned about near-term loss expansion amid softer industry sentiment toward high-level autonomous driving deployments.

HORIZONROBOT-W provides advanced driver assistance systems and high-level autonomous driving solutions for passenger vehicles. Its product and solution revenue rose 14.8% to RMB926 million, while licensing and services revenue climbed 52.7% to RMB1.129 billion, emerging as the key growth driver for overall revenue.

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