Core Viewpoint - Horizon Robotics aims to build a foundational platform that empowers various robotic applications, positioning itself as a leader in the robotics era, particularly in the automotive sector [4][10]. Group 1: Company Milestones - Horizon Robotics celebrated its 10th anniversary on June 1, marking its evolution from being the first Chinese company focused on deep neural network computing solutions to becoming the largest mass-production intelligent driving technology company in China [4]. - The company is set to officially list on the Hong Kong Stock Exchange on October 24, 2024, achieving the largest IPO for a Chinese tech company since 2022 and the fastest entry into the Hang Seng Tech Index [4]. - Horizon has been included in the FTSE Global Equity Index Series, effective June 20, 2024, enhancing its visibility to global investors [4]. Group 2: Market Position and Collaborations - Horizon has established partnerships with over 40 automotive manufacturers, including the top ten Chinese car companies, and has achieved over 8 million units of pre-installed production [12][14]. - The company holds a market share exceeding 40% in the Chinese OEM Advanced Driver Assistance Systems (ADAS) market for 2024, maintaining its position as the leading supplier of intelligent driving solutions [14]. - Horizon's technology is currently integrated into one out of every three intelligent vehicles in China, with expectations to surpass 10 million units shipped by the end of the year [12][14]. Group 3: Technological Innovations - Horizon Robotics has consistently focused on the integration of hardware and software, achieving over 1000 times improvement in computing performance over the past decade [23][25]. - The company has introduced significant advancements in its core algorithms, including the end-to-end autonomous driving model UniAD and the next-generation Vision Mamba model, which has gained recognition in the AI research community [24]. - Horizon emphasizes the importance of continuous technological breakthroughs to establish a long-term competitive advantage, with a commitment to high R&D investment, projected at approximately 5 billion yuan for 2024 [21][25]. Group 4: Future Vision - The long-term vision of Horizon Robotics, referred to as "Horizon 2.0," focuses on expanding into the general robotics field, with automotive applications being the initial focus [10][19]. - The company aims to leverage its technology to enhance automation capabilities in various sectors, including elder care, household service robots, agriculture, manufacturing, and logistics [10]. - Horizon's strategy includes deepening collaborations with a wide range of partners to drive advancements in intelligent driving and ensure safer, more efficient transportation solutions for everyone [19].

从创投明星企业布鲁可、蜜雪冰城接连登陆港股，到A股龙头公司宁德时代、恒瑞医药完 成"A+H"股上市，今年以来，港股市场正迎来空前热度。 数据显示，2025年1-4月份，已经有19家企业完成港股上市，同比增长4家；募集资金213 亿港元，接近去年同期的3倍。截至5月20日，共有24家公司在香港主板上市，合计募集资金 超过600亿港元。同时，目前在香港排队上市的企业数量，已经达到了约150家。 "很多消费品牌早就具备了上市条件，就是在等待这样的窗口期。同时，受益于DeepSeek、 宇树科技标志性崛起，带动的资本对于中国科技概念公司的重估，硬科技企业也加快了赴港上 市。"一位长期关注港股市场的创投机构合伙人对21世纪经济报道记者说。 21世纪经济报道记者统计发现，诸多创投机构正在这波港股资本盛宴中获得丰厚回报。在消费 赛道，泡泡玛特、蜜雪冰城、老铺黄金这港股"新消费三姐妹"背后，有红杉、高瓴等知名机 构，美团龙珠等产业资本，以及蜂巧资本、黑蚁资本等聚焦消费领域的垂直机构。 同时，今年新上市的布鲁可，目前市值已经接近400亿港元，君联资本是布鲁可最大的机构股 东；沪上阿姨上市首日股价大涨四成，后续股价有所回落，公司 ...

21世纪经济报道记者 申俊涵 北京报道 从创投明星企业布鲁可、蜜雪冰城接连登陆港股，到A股龙头公司宁德时代、恒瑞医药完成"A+H"股上 市，今年以来，港股市场正迎来空前热度。 数据显示，2025年1-4月份，已经有19家企业完成港股上市，同比增长4家；募集资金213亿港元，接近 去年同期的3倍。截至5月20日，共有24家公司在香港主板上市，合计募集资金超过600亿港元。同时， 目前在香港排队上市的企业数量，已经达到了约150家。 21世纪经济报道记者统计发现，诸多创投机构正在这波港股资本盛宴中获得丰厚回报。在消费赛道，泡 泡玛特、蜜雪冰城、老铺黄金这港股"新消费三姐妹"背后，有红杉、高瓴等知名机构，美团龙珠等产业 资本，以及蜂巧资本、黑蚁资本等聚焦消费领域的垂直机构。 同时，今年新上市的布鲁可，目前市值已经接近400亿港元，君联资本是布鲁可最大的机构股东；沪上 阿姨上市首日股价大涨四成，后续股价有所回落，公司市值仍超过130亿元，嘉御基金是其最早且最大 的机构投资方。 就科技赛道来看，去年10月上市的智驾科技企业地平线，今年市值一度飙升突破千亿港元，背后投资机 构包括云锋基金、高瓴资本、红杉中国等；去年底港股 ...

作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，Horizon Robotics（以下简称"地平线"）于2024年10月24日正式以"9660"为 股票代码在港交所主板挂牌上市。 成立至今，地平线已获得五源资本、高瓴、红杉中国、真格基金、嘉实投资等知名机构，以及大众集 团、上汽集团、广汽资本、长城汽车、奇瑞汽车、一汽集团、比亚迪、宁德时代等众多车企资本及产 业链上下游企业的投资。在本次IPO发行中，阿里巴巴、百度、达飞集团和宁波国资基金作为基石投 资者累计认购约2.2亿美元，以示对地平线未来长期发展的看好。 其中， 五源资本 曾在2015年领投地平线种子轮融资，此后持续参与其A轮、B轮和C轮融资。 IPO 前，五源资本持有地平线5 .55% 的股份，为最大财务投资方，五源资本创始合伙人刘芹担任地平线 非执行董事 。 余凯能够从高维的角度出发 思考问题 也能接收" 不以事小而不为 "的建议 五源致力于成为每一代企业家最早、最长期、最有影响力的投资人。 本文为IPO早知道原创 在刘芹看来， 余凯 的一大 特别之处 在于 他的视野非常高远 ，能够 站在整个技术创新产业的高度 来思 ...