图片来源：地平线 继与哈啰出行达成合作，地平线在Robotaxi领域又有新动作。 9月26日，地平线发布融资公告称，计划筹集约58亿港元。 地平线通过 "先旧后新" 配股模式募资，计划发行 6.39 亿股新股（占当前总股本 4.6%），配售价 9.99 港元 / 股，较前一日收盘价10.60 港元折让 5.75%。最终计划募资总金额约为63.4亿港元，扣除费用后， 地平线净得约58亿港元，是其近年规模最大的单次融资之一。 所谓 "先旧后新"，即现有大股东先向市场投资者转让部分持股，再用转让资金同步认购公司新发行的 同等数量股票 —— 既避免新增股份对现有股东股权的过度稀释，又快速引入外部资本，同时通过小幅 折让吸引投资者，兼顾 "融资效率" 与 "股价稳定"。 同时，公司承诺，未来90天内，不会再额外发新股或做类似融资动作，以免对股价造成太大冲击。 在介绍本次募资资金用途时，地平线明确提到投资新领域，比如与Robotaxi相关的计划。 除了投资新领域（Robotaxi）之外，这笔资金还要用来拓展海外业务（之前的融资主要用于国内扩 张）；投入研发，提升技术，尤其是中高阶辅助驾驶解决方案；以及战略投资上下游的合作 ...

Core Insights - Horizon showcased its upgraded urban auxiliary driving system HSD (Horizon SuperDrive™) in Beijing, emphasizing its low latency, defensive driving capabilities, and human-like control [1][7]. Group 1: Technology and Features - The HSD system utilizes a "one-stage end-to-end + reinforcement learning" architecture, overcoming the limitations of traditional decoupled systems, resulting in enhanced performance [1][7]. - HSD demonstrated smooth longitudinal and lateral control, with features such as gentle start-stop, seamless cornering, and agile detours in complex traffic scenarios [3][7]. - The system can intelligently adjust speed in dynamic interactions, quickly generate solutions for construction zones, and respond to sudden scenarios with millisecond-level reaction times [3][7]. Group 2: Market Position and Future Plans - The Xingtu ET5 will be the first vehicle globally to feature the HSD and the Journey 6P, set to launch in November 2025 [7]. - HSD has completed validations in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen, and has established partnerships with over 10 global automotive brands, aiming for mass production by the end of this year [7]. - The company plans to achieve a production target of 10 million units in the next 3-5 years, transitioning auxiliary driving from a "high-end configuration" to a "universal benefit" [7].