地平线增持无人物流第一股佑驾创新，共推L4无人物流业务发展

Core Viewpoint - Horizon Together Holding Ltd. has purchased a total of 688,200 shares of Youjia Innovation's H-shares, reflecting long-term confidence in the company's business and future development prospects [2][3] Group 1: Company Actions and Market Signals - Youjia Innovation has initiated a share repurchase plan of 200 million yuan, extended the lock-up period for major shareholders, and the chairman has made multiple share purchases, signaling strong confidence in long-term development [2] - The partnership with Horizon is based on years of collaboration, with both parties aiming to leverage technology and resources to accelerate the development of L4 autonomous logistics vehicles [2][3] Group 2: Technological Advancements and Market Position - Youjia Innovation has achieved large-scale production of domain control products based on Horizon's hardware, covering multiple leading domestic and international vehicle manufacturers, thus becoming a key player in promoting high-quality industry development [3] - The collaboration has expanded into the L4 autonomous logistics sector, with both companies working on advanced autonomous driving products, showcasing their achievements at the 2025 Horizon Technology Ecosystem Conference [3] Group 3: Investment Implications and Market Context - In the context of a challenging Hong Kong stock market, Horizon's investment serves as a strong endorsement of Youjia Innovation's intrinsic value and growth potential, signaling deep collaboration and long-term progress within the industry [5] - Horizon's continued investment in Youjia Innovation, along with its participation in the IPOs of other leading companies in the smart automotive industry, highlights Youjia's unique capabilities across L2, intelligent cockpit, and L4 autonomous driving sectors [5][6] Group 4: Future Outlook - The increase in Horizon's stake provides an opportunity for investors to reassess Youjia Innovation, as the choice of industry capital often reflects the true quality of a company [6] - With the rising penetration of intelligent driving and the acceleration of L3 deployment, Youjia Innovation is well-prepared for a potential performance explosion, aiming for a successful breakthrough in the competitive landscape of the second half of intelligentization [6]