Domestic News - The Ministry of Commerce held a meeting with automotive companies to discuss measures to expand and improve automotive consumption, emphasizing the potential of China's large market and the need for policy support and innovation [7] - Shenzhen's strategic emerging industries, including integrated circuits and industrial robots, accounted for over 10% of the national output of 39 industrial products, with the added value of strategic emerging industries expected to rise from 1.03 trillion yuan in 2020 to 1.67 trillion yuan by 2025 [8] - Shanghai's South Port exported 82,000 vehicles in January, a year-on-year increase of 65.2%, with 61,000 of those being new energy vehicles, marking a 115.92% increase [9] - FAW Bestune announced its product plan for 2026, which includes five family models and two mobility models [10] - NIO plans to build 1,000 battery swap stations in 2026, expanding its charging network [11] - Lantu Motors will launch China's first mass-produced L3 level SUV, equipped with Huawei's advanced driving system [12] - Pony.ai, in collaboration with Toyota China and GAC Toyota, will deploy the Platinum Smart 4X Robotaxi in 2026 [13] - Horizon Robotics and a subsidiary of CATL signed a strategic cooperation agreement to enhance automotive intelligence [14] International News - India revised its fuel efficiency regulations, removing exemptions for small cars, which was previously seen as favoring a single company [15] - BMW and E.ON launched Germany's first commercial vehicle-to-grid service for new generation electric vehicles [16] - South Korea's automotive parts exports to the U.S. are projected to decline by 6.7% in 2025, marking the first annual drop since 2020 [17] - Mercedes-AMG plans to launch its third electric model in the second half of 2027, following two other electric models [18] Commercial Vehicles - The Ouman Galaxy pure electric heavy truck completed extreme cold testing at -35°C, demonstrating its performance in harsh conditions [19] - The Shandong Heavy Industry's Shandeka C5L cargo truck was officially launched, marking a new benchmark in the cargo transport industry [20] - The latest announcement from the Ministry of Industry and Information Technology revealed 181 new energy heavy truck models, with a 29.29% increase from the previous batch [22] - The Great Wall Cannon will be equipped with the Hi4-T plug-in hybrid system across its entire lineup, expanding consumer access to hybrid pickup trucks [25]

Core Viewpoint - Horizon Robotics-W (09660) has signed a strategic cooperation agreement with CATL's subsidiary, aiming to enhance automotive intelligence through collaborative product development and technology integration [5]. Group 1: Company Performance - Horizon Robotics-W's stock price increased by 3.27%, reaching HKD 8.53, with a trading volume of HKD 321 million [5]. Group 2: Strategic Partnership - The agreement involves CATL's subsidiary providing its Rock Solid chassis series products and technology, while Horizon Robotics-W will contribute its full-scene assisted driving products and solutions [5]. - The collaboration aims to explore a complete intelligent system from foundational architecture to top-level applications, offering more competitive and diverse product choices and service support for domestic and international OEM customers [5].

Core Viewpoint - Horizon Robotics' stock rose over 4% in early trading, currently up 3.75% at HKD 8.57, with a trading volume of HKD 206 million and a market capitalization of HKD 125.3 billion [1] Group 1: Strategic Partnership - Horizon Robotics announced a strategic cooperation agreement with CATL's subsidiary, CATL (Shanghai) Intelligent Technology Co., Ltd., focusing on the intelligent upgrade needs of new energy vehicles [1] - The partnership aims to provide a high-intelligence and high-safety smart travel experience for global OEMs and end-users, leveraging both companies' strengths in automotive intelligence [1] - CATL Intelligent will supply its Rock Solid chassis series products and technologies, while Horizon Robotics will contribute its full-scene assisted driving products and solutions [1] Group 2: Financial Performance - Horizon Robotics reported a revenue of RMB 1.567 billion for the first half of 2025, representing a year-on-year increase of 67.6% [1] - The company's gross profit reached RMB 1.024 billion, with a comprehensive gross margin of 65.4% [1] - Horizon Robotics has cash reserves of RMB 16.1 billion [1]

Core Viewpoint - Horizon Robotics-W (09660) has seen a nearly 4% increase in stock price following the announcement of a strategic cooperation agreement with CATL's subsidiary, Times Intelligent, to enhance automotive intelligence solutions [1] Group 1: Strategic Partnership - On February 9, Horizon Robotics-W signed a strategic cooperation agreement with Times Intelligent, a subsidiary of CATL [1] - Times Intelligent will provide its Rock Solid chassis series products and technology, while Horizon Robotics-W will contribute its full-scene assisted driving products and solutions [1] - The partnership aims to explore a complete intelligent system from underlying architecture to top-level applications, offering competitive and diverse product choices and service support to domestic and international OEM customers [1] Group 2: Market Position and Product Development - Horizon Robotics-W has become the first domestic intelligent driving technology brand to exceed a shipment volume of 10 million units [1] - Its product solutions have been widely adopted by 27 global automotive companies, covering 42 automotive brands [1] - The company recently launched the industry's first mass-produced one-piece end-to-end full-scene assisted driving system, Horizon HSD (Horizon SuperDrive), which is contributing to a new era of accessible intelligent driving [1]

Core Viewpoint - Horizon Robotics-W (09660) has seen a nearly 4% increase in stock price following the announcement of a strategic partnership with CATL's subsidiary, aiming to enhance automotive intelligence solutions [1] Group 1: Strategic Partnership - On February 9, Horizon Robotics-W signed a strategic cooperation agreement with CATL's subsidiary, CATL (Shanghai) Intelligent Technology Co., Ltd. [1] - The agreement involves CATL providing its Rock Solid chassis series products and technology, while Horizon Robotics-W will contribute its full-scene assisted driving products and solutions [1] - The collaboration aims to explore a complete intelligent system from underlying architecture to top-level applications, offering competitive and diverse product choices and service support to domestic and international OEM customers [1] Group 2: Market Position and Product Development - Horizon Robotics-W has become the first domestic intelligent driving technology brand to exceed a shipment volume of 10 million units [1] - Its product solutions have been widely adopted by 27 global automotive companies, covering 42 different automotive brands [1] - The company recently launched the industry's first mass-produced end-to-end full-scene assisted driving system, Horizon HSD (Horizon SuperDrive™), which is contributing to a new era of accessible intelligent driving [1]