Core Viewpoint - Horizon Robotics reported strong mid-year performance with significant revenue growth and market leadership in the ADAS sector [1] Financial Performance - Revenue for the first half of the year reached 1.567 billion yuan, representing a year-on-year increase of 67.6% [1] - Gross profit amounted to 1.024 billion yuan, with a comprehensive gross margin of 65.4% [1] - Cash reserves stood at 16.1 billion yuan [1] Market Position - The company maintained a 45.8% market share in the ADAS basic auxiliary driving market, ranking first [1] - It also held a 32.4% market share in the overall intelligent auxiliary driving computing solutions market for domestic brands, again ranking first [1] Product and Solution Growth - Revenue from products and solutions business grew 3.5 times year-on-year, reaching 778 million yuan [1] - Total shipment volume reached 1.98 million units, doubling compared to the same period last year [1] - The shipment structure improved, with mid-to-high-end product solutions accounting for 49.5% of total shipments and contributing over 80% of the revenue from products and solutions [1] - The average value per vehicle increased significantly to 1.7 times that of the same period last year due to the higher delivery ratio of mid-to-high-end product solutions [1]