Group 1 - The company, Horizon Robotics, reported a revenue of 1.567 billion yuan for the first half of 2025, representing a year-on-year growth of 67.6% [1] - The gross profit for the same period was 1.024 billion yuan, with a comprehensive gross margin of 65.4% [1] - The cash reserves of the company stood at 16.1 billion yuan as of the end of the reporting period [1] Group 2 - The domestic automotive market is moving towards widespread adoption of intelligent driving, with domestic brand car sales accounting for over 63% of the Chinese passenger car market [1] - The penetration rate of assisted driving features increased from 51% at the end of 2024 to 59% in the first half of 2025, indicating growing consumer acceptance [1] - Horizon's product and solution business revenue grew 3.5 times year-on-year to 778 million yuan, with a shipment volume of 1.98 million units, doubling compared to the previous year [1] Group 3 - The mid-to-high-end product solutions achieved a shipment volume of 980,000 units, a sixfold increase year-on-year, contributing over 80% of the revenue from the product and solution business [1] - Horizon has been included in global indices such as the FTSE Global Index and MSCI China Index due to its strong growth potential [1] Group 4 - In addition to providing product solutions, Horizon is advancing automotive intelligence through world-class algorithm capabilities, generating 738 million yuan in software and licensing service revenue, a stable growth of 6.9% year-on-year [2] - As of August 2025, the company has achieved a production milestone of over 10 million units for its Chengcheng family of products, becoming the first domestic intelligent driving technology company to reach this level [2] - The company's urban assisted driving system, HSD, has been selected for over 10 models from multiple car manufacturers, with the first model, the Xingtu E05, set to enter mass production [2]
地平线产品及解决方案量价齐升 上半年收入同比增长68%
Zhong Zheng Wang·2025-08-28 07:45