Movement Alert|HORIZONROBOT-W Rises 3.2% in Regular Trading, Journey 6B Chip Secures Tens-of-Millions-Unit Order from Bosch

Market Focus
Aug 21

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.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10