（文/罗叶馨梅）四维图新（002405）公告称，公司此前拟以2.5亿元现金认购PhiGent Robotics Limited（下称"鉴智开曼"）发行的C+类 优先股，并通过将全资子公司四维图新智驾（北京）科技有限公司（"图新智驾"）100%股权注入北京鉴智科技有限公司，换取鉴智开 曼普通股，同时在境外投资备案完成前向北京鉴智提供等额借款并获取购股权证。 公告显示，2025年12月9日前，公司已分别在北京市发展和改革委员会、北京市商务局及国家外汇管理局北京市分局完成本次对鉴智开 曼投资所需的境外投资备案手续。 在此基础上，公司通过香港子公司香港四维科技有限公司向鉴智开曼支付现金增资款，现金增资部分所涉股权已完成交割，香港四维 科技持有鉴智开曼138,423,368股C+类优先股。 同时，图新智驾股权转让事项也已完成工商变更，北京鉴智成为图新智驾100%股东。作为对价，香港四维科技获配鉴智开曼 1,092,383,785股普通股，资产注入部分的股权交割完成。 结合前述安排，公司通过香港全资子公司合计持有鉴智开曼39.14%股权，成为其第一大股东但非控股股东。本次对外投资及财务资助 关联交易已全部完成。 （校对/ ...

摩根大通此前发布研报称，相信地平线机器人具竞争力的产品性能与定价策略，将有助公司持续扩大市 占率并驱动增长。此外，机器人产品线可带来增量营收并支撑长期增长。 该行预测公司2024至2027年 营收复合年增长率达56%，2028年将实现73%的年增长率，此趋势应能推动股价进一步上扬。 本文源自：智通财经网 智通财经获悉，地平线机器人-W(09660)午前涨超4%，截至发稿，涨3.7%，报7.84港元，成交额4.57亿 港元。 消息面上，11月13日，星途汽车旗下全新车型星途ET5正式开启预售，全球首搭地平线HSD城区辅助驾 驶系统与征程6P计算方案。地平线近期公布，HSD已获得国内外多达10家车企品牌，超20款车型的定 点合作。随着HSD首批合作车型的规模化量产，地平线也成为业界首家实现低、中、高全阶辅助驾驶量 产的智驾科技公司。 ...

Group 1 - Horizon Robotics-W (09660) saw a rise of over 6%, reaching a new high of HKD 10.45, and is currently trading at HKD 10.18 with a transaction volume of HKD 21.66 million [1] - The Hang Seng Index Company announced the results of its quarterly review on August 22, which became effective on September 8, maintaining the number of constituents in the Hang Seng Tech Index at 30 [1] - CICC estimates that due to the reset of the individual stock weight limit of 8%, passive fund inflows will take the longest time for Horizon Robotics-W and BYD (002594), with expected inflows of approximately USD 560 million and USD 500 million, respectively, taking 3.4 days and 0.9 days to materialize [1] Group 2 - On August 29, Horizon Journey officially announced that its vehicle-mounted intelligent chip production has officially surpassed 10 million units [1] - Horizon Robotics has become the first domestic autonomous driving technology company to achieve a shipment milestone of 10 million units [1] - The founder and CEO of the group, Yu Kai, expressed optimism about the annual shipment volume, projecting around 4 million units for the year, with low-end and mid-to-high-end products each accounting for half of the total [1]

Core Viewpoint - Horizon Robotics-W (09660) has seen a significant stock price increase, reaching a new high of 10.45 HKD, with a current trading price of 10.18 HKD and a trading volume of 21.66 million HKD [1] Group 1: Stock Performance - Horizon Robotics-W's stock rose over 6%, achieving a peak of 10.45 HKD, marking a new listing high [1] - As of the latest update, the stock is trading at 10.18 HKD, reflecting a 3.77% increase [1] Group 2: Market Impact - The Hang Seng Index Company announced its quarterly review results on August 22, which became effective on September 8 [1] - The number of constituents in the Hang Seng Tech Index remains unchanged at 30 [1] - CICC estimates that the changes due to the 8% weight cap reset will lead to passive fund inflows, with Horizon Robotics-W and BYD expected to attract approximately 560 million and 500 million USD, respectively, over 3.4 and 0.9 days [1] Group 3: Company Milestones - On August 29, Horizon Robotics announced that its vehicle-mounted intelligent chip production has officially surpassed 10 million units [1] - The company is the first domestic autonomous driving technology firm to reach this milestone [1] - The founder and CEO, Yu Kai, expressed optimism about the annual shipment volume, projecting around 4 million units for the year, with low-end and mid-to-high-end products each accounting for half of the total [1]

Core Viewpoint - Horizon Robotics-W (09660) experienced a significant stock increase, rising over 8% in early trading, reflecting positive market sentiment following the announcement of major production milestones and strong financial performance [1] Group 1: Production Milestones - Horizon Robotics announced that its Journey series automotive intelligent chips have officially surpassed 10 million units in production and shipment, making it the first domestic smart driving technology company to reach this milestone [1] - The company's founder and CEO, Yu Kai, expressed optimism about the annual shipment volume, projecting around 4 million units for the year, with low-end and mid-to-high-end products each accounting for half of the total [1] Group 2: Financial Performance - For the first half of the year, the company's revenue from products and solutions reached 778 million yuan, representing a year-on-year increase of 350% [1] - Revenue from software and licensing services was 738 million yuan, showing a year-on-year growth of 6.9% [1] - The delivery volume of products and solutions nearly reached 2 million units, marking a year-on-year growth of approximately 100%, driven by the mass production of the Journey 6 series [1] Group 3: Product Segmentation - Mid-to-high-end products accounted for 49.5% of total shipments, with a total of 980,000 units shipped, reflecting a sixfold year-on-year increase [1] - Mid-to-high-end products contributed over 80% of the revenue from the products and solutions business [1] - The average selling price of automotive products and solutions reached 1.7 times that of the same period last year [1]

Core Viewpoint - Horizon Robotics-W (09660) has seen a significant stock price increase, rising over 8% in early trading, attributed to the announcement of surpassing 10 million units in production and delivery of its automotive intelligent chips [1] Group 1: Company Performance - Horizon Robotics officially announced on August 29 that it has achieved a production and delivery milestone of over 10 million automotive intelligent chips, becoming the first domestic autonomous driving technology company to reach this level [1] - The company's founder and CEO, Yu Kai, expressed optimism about the annual shipment volume, projecting around 4 million units for the year, with low-end and mid-to-high-end products each accounting for half of the total [1] Group 2: Financial Results - In the first half of the year, the company's revenue from products and solutions reached 778 million yuan, representing a year-on-year increase of 350% [1] - Revenue from software and licensing services was 738 million yuan, showing a year-on-year growth of 6.9% [1] - The delivery volume of products and solutions nearly reached 2 million units, marking a year-on-year growth of approximately 100%, driven by the mass production of the Journey 6 series [1] - Mid-to-high-end product shipments totaled 980,000 units, accounting for 49.5% of total shipments, with a year-on-year increase of six times [1] - Mid-to-high-end products contributed over 80% of the revenue from the products and solutions business [1] - The average selling price of automotive products and solutions has reached 1.7 times that of the same period last year [1]