毫末智行陷入「停摆传闻」的始末

Core Viewpoint - The article discusses the rapid decline of Haomo Zhixing, a once-promising autonomous driving company, highlighting its operational challenges and the lack of support from its major shareholder, Great Wall Motors [1][2]. Group 1: Company Operations and Financial Status - On November 22, Haomo Zhixing announced a "full staff suspension" due to its operational status, effective from November 24, 2025, with no specified duration for the suspension [2]. - The company has reportedly frozen its accounts, and its office has been disconnected from the internet, with unpaid bills for rent and utilities [2][3]. - Approximately 300 employees are currently employed, but there is no clarity on salary, social security, or compensation during the suspension [3]. Group 2: Management and Leadership Changes - In April 2025, internal personnel changes were made, with Wei Hong appointed as a special senior advisor to assist the chairman, and Ma Chao taking over human resources management [4][5]. - Despite rumors of Chairman Zhang Kai's resignation, he remains within the company's organizational structure, with only a few high-level executives still in place [6]. Group 3: Technical Challenges - Haomo Zhixing faced significant technical issues, particularly with Qualcomm chips, which delayed the launch of its high-speed NOA solution originally planned for 2022 [8]. - The company has also struggled with its perception technology, leading to poor performance in critical functions such as obstacle recognition and lane detection [8][9]. Group 4: Investment and Shareholder Dynamics - Haomo Zhixing has undergone seven rounds of financing, with major investors including Great Wall Motors and Hillhouse Capital [9]. - The management structure has been criticized for a lack of alignment between decision-making power and accountability, with key executives holding minimal shares [9].