智通财经网·2025-11-30 09:16Core Viewpoint - The company, Haomo Zhixing, has faced significant operational challenges leading to a halt in its operations, primarily due to governance issues and a lack of independent decision-making, which hindered its ability to adapt to market changes [1][9]. Group 1: Company Background and Initial Success - Haomo Zhixing was once a leader in the autonomous driving sector, achieving significant milestones in its early years, including multiple product iterations and early entry into the unmanned logistics vehicle market [2]. - The company proposed innovative technical approaches, such as high-precision map elimination for urban autonomous driving, ahead of competitors like Xiaopeng Motors and Huawei [2]. Group 2: Decline in Performance - Despite initial successes, Haomo Zhixing's delivery progress has been slow, with its urban NOH coverage only reaching 8 cities by September 2024, falling short of its ambitious targets [3]. - The company has lost trust from its core customer, Great Wall Motors, as it failed to keep pace with the rapid advancements and demands of the autonomous driving industry [3][4]. Group 3: Dependency on Great Wall Motors - Haomo Zhixing's strong ties to Great Wall Motors, initially seen as an advantage, have become a liability, as the latter holds significant influence over the company's operational decisions [5][6]. - The governance structure has been criticized for lacking independence, leading to poor decision-making and ultimately contributing to the company's operational difficulties [7][9]. Group 4: Market Dynamics and Future Outlook - The autonomous driving industry is undergoing a rapid transformation, with a focus on cost reduction and accelerated production, which has intensified competition and reduced the survival space for less independent players like Haomo Zhixing [9]. - The company's attempts to diversify its customer base have not yielded significant results, as it has not successfully integrated its solutions into vehicles from manufacturers outside the Great Wall ecosystem [8][9].