On August 21, HORIZONROBOT-W rose 3.2% in regular trading, trading at 5.015 HKD/share, with turnover of HKD 126 million. The stock was buoyed by news that Bosch has secured large-scale mass production contracts for its fourth-generation multifunctional camera developed on Horizon's Journey 6B chip.
The orders cover over 40 vehicle models with a total scale reaching tens of millions of units. The first contracted project is scheduled to begin mass production in Q3, with subsequent projects from both Chinese and overseas automakers entering production sequentially. The Journey 6B chip, positioned for the entry-level intelligent driving market with its proprietary BPU Nash architecture, supports mainstream algorithms including Transformer. Its lifetime contracted volume has now surpassed 20 million units.
Looking ahead, the company's board will convene on August 31 to review interim results for the first half of the year. Earlier guidance indicated H1 revenue of RMB 1.93–2.08 billion, representing 24.8%–34.5% year-over-year growth, exceeding prior market expectations.
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