Company Overview - Shenzhen Haon Automotive Electronics Equipment Co., Ltd. is located in Longhua District, Shenzhen, Guangdong Province, and was established on January 13, 2010. The company went public on July 4, 2023. It specializes in the research, design, manufacturing, and sales of automotive intelligent driving perception systems, with main products including onboard camera systems, onboard video driving recorders, and ultrasonic radar systems [2]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 805 million yuan, representing a year-on-year growth of 36.20%. However, the net profit attributable to the parent company was 46.86 million yuan, a slight decrease of 0.25% year-on-year [2]. - As of June 30, 2025, the company had a total of 12,500 shareholders, an increase of 25.92% compared to the previous period. The average circulating shares per person were 1,869 shares, a decrease of 20.58% [2]. Stock Performance - On September 23, the company's stock price increased by 4.38%, with a trading volume of 1.304 billion yuan. The margin trading data indicated a financing purchase amount of 146 million yuan and a financing repayment of 172 million yuan, resulting in a net financing outflow of 26.23 million yuan [1]. - The total margin trading balance for the company as of September 23 was 497 million yuan, with the financing balance accounting for 11.00% of the circulating market value, which is above the 90th percentile level over the past year [1]. - The company has cumulatively distributed dividends of 138 million yuan since its A-share listing [3]. Shareholding Structure - As of June 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 210,600 shares, which is a decrease of 510,200 shares compared to the previous period [3].

长江商报消息 ●长江商报记者 张璐 在汽车智能化浪潮的推动下，豪恩汽电（301488.SZ）凭借持续加码的研发投入与不断落地的大额订 单，展现出强劲的发展动能。 9月11日，豪恩汽电公告称，收到某头部新能源汽车品牌全景摄像等多系统产品定点信。项目周期5—7 年，预估生命周期内总营业额约9.72亿元，预计2025年12月开始量产。 豪恩汽电是汽车智能驾驶感知系统领域的重要供应商。据长江商报记者统计，在技术积累支撑下，豪恩 汽电2025年以来新增定点项目金额已达24.29亿元，在手订单更是高达200亿元—300亿元，为长期增长 奠定坚实基础。 在手订单超200亿 近日，豪恩汽电公告，公司收到某头部新能源汽车品牌的全景摄像系统、AK2雷达系统、 DMS&OMS、行驶记录系统产品的定点信。项目生命周期为5—7年，预估生命周期内总营业额约9.72亿 元，预计2025年12月开始陆续量产。该定点信总营业额占公司2024年总营收的69%。 长江商报记者注意到，2025年以来，豪恩汽电在定点方面成果丰硕。 2月26日，公司收到某合资汽车品牌的智能驾驶摄像系统产品定点信，项目生命周期5年，预估生命周期 内总营业额约4.08亿元 ...

（编辑 袁冠琳） 证券日报网讯 豪恩汽电9月10日发布公告，在公司回答调研者提问时表示，公司认为智能驾驶是一 个"长坡厚雪"的赛道，竞争虽然激烈，但远未到终局，技术、产品和客户的深度绑定能力是最终胜出的 关键。从市场层面，整个智能驾驶市场正在飞速扩张，渗透率提升、功能从L2向L2+、L3快速演进，带 来了巨大的增量空间；从客户层面，公司坚决实行与头部车企战略合作，达成深度绑定；从技术层面， 公司不仅在硬件上布局了摄像感知系统、超声波雷达系统、毫米波雷达系统等多维感知产品，更在感知 融合算法等方面进行了前瞻性的布局，构建技术壁垒。公司坚持核心技术自主可控，通过软硬件一体化 方案提供更高性能、更低成本的解决方案。 ...

证券代码：301488 证券简称：豪恩汽电 深圳市豪恩汽车电子装备股份有限公司 投资者关系活动记录表 编号：2025-005 投 资 者 关 系 活 动类别 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） 参 与 单 位 名 称 及人员姓名 燕晗资本、深圳龙腾资产管理有限公司、深圳市九派资本管理有限公司、证券日 报、招商证券、光大证券、长城证券、中欧瑞博投资管理有限公司、东方财富证 券、宁波银行、中证乾元资本管理有限公司等 时间 2025 年 9 月 4 日下午 15：30-17：00 地点 公司会议室 上 市 公 司 接 待 人员姓名 董事长：陈清锋 董事会秘书：李小娟 财务总监：肖文龙 投 资 者 关 系 活 动 主 要 内 容 介 绍 1、2025 年上半年公司的客户结构情况？新能源客户占比情况？ 答：2025 年上半年的前五大客户营收占比 70%左右，新能源业务占比 50%左右。 2、在与海外车企合作中，公司的优势有哪些？ 答：公司在国内较早布局智驾感知领域，2010 年开始生意从无到有，公司通过进 入海外车企打开行业知名 ...

Core Insights - The autonomous driving technology is transitioning from validation to large-scale application, marking a critical turning point in the industry [2] - The commercial deployment of autonomous driving is accelerating globally, with various applications being demonstrated in advanced driving zones [2][4] - The market for autonomous vehicles is projected to reach $200 billion by 2030, with a significant increase in adoption driven by advancements in artificial intelligence [6] Industry Trends - The commercialization of autonomous driving is characterized by "scenario-driven, multi-point breakthroughs," focusing on L4-L5 level solutions in commercial vehicles [3] - Four typical scenarios have emerged: Robotaxi, Robotruck, Robovan, and specific applications in airports, ports, and industrial parks [3][4] - Major companies are expanding their presence in overseas markets for Robotaxi services, while Robovan applications are being promoted through unified provincial planning [4] Market Performance - As of September 5, the market capitalization of autonomous driving-related stocks in A-shares reached 3.49 trillion yuan, with an average increase of 21.92% this year, outperforming the Shanghai Composite Index by over 8 percentage points [6] - Three stocks have doubled in value this year: Chipone Technology, Haon Electric, and Shuanglin Technology [6] Company Developments - Haon Electric's stock surged by 16.86%, reaching a historical high with a year-to-date increase of 169.53%, and the company plans to expand its R&D team to support global development [9] - The company has a robust order backlog, with contracts valued between 20 billion and 30 billion yuan, covering a range of advanced automotive perception systems [9] - Institutions are showing strong interest in autonomous driving stocks, with 34 stocks receiving "positive" ratings from brokers [9][10]

Group 1 - The core viewpoint of the news is that Li Cheng Asset Management has conducted research on a listed company, Haoen Qidian, revealing significant growth in revenue and profit for the first half of 2025 [1] - Haoen Qidian reported a revenue of 805 million yuan, representing a year-on-year increase of 35.79%, and a net profit attributable to shareholders of 41.29 million yuan, up 13.75% [1] - The company has a strong customer base, with the top five clients accounting for approximately 70% of revenue, and its new energy business contributing 50% to total revenue [1] Group 2 - The main products of Haoen Qidian include vehicle-mounted camera systems (65%) and ultrasonic radar systems (35%) [1] - The gross profit margin is reported at 20.47%, a slight decrease of 0.84% year-on-year, attributed to R&D expenses of 103 million yuan, which account for 12.85% of revenue [1] - The company has a significant order backlog of 20-30 billion yuan and 40% of its revenue comes from overseas markets, indicating a continued push for globalization [1] Group 3 - The R&D team plans to expand to 1,000 members, with investment in R&D expected to maintain at 10-12% of revenue [1] - A private placement plan was disclosed on August 6, 2025, and was approved by the shareholders' meeting on August 21, pending review by the China Securities Regulatory Commission [1] - Haoen Qidian has established a strategic partnership with NVIDIA, covering the entire Jetson series of control domains [1]

Group 1: Company Insights - Shenzhou Taiyue reported stable revenue from its long-standing games, with revenue of 1.502 billion yuan and 465 million yuan for "Age of Origins" and "War and Order" respectively, both exceeding 1 billion USD in cumulative revenue [1] - Morninglight Bio achieved a revenue of 3.658 billion yuan and a net profit of 215 million yuan in the first half of 2025, marking a year-on-year growth of 115.33% [2] - Haon Electric's revenue reached 805 million yuan in the first half of 2025, a year-on-year increase of 35.79%, with a net profit of 41.29 million yuan [3] - Weixing Co. reported a revenue of 2.338 billion yuan in the first half of 2025, a growth of 1.80% year-on-year, with international business growing by 13.72% [4] - Yongyi Co. noted that China is the largest producer and exporter of office chairs, with exports expected to account for 58% of the global total in 2024 [6] - Xinjubang achieved a revenue of 4.248 billion yuan in the first half of 2025, with a year-on-year growth of 18.58% [7] - Yilian Network maintained stable gross margins, with an optimistic outlook for the second half of the year [8] - Yinlun Co. established a product system focusing on data centers, energy storage, and low-altitude flying vehicles, with positive progress in customer collaborations [9] - Huafeng Technology reported good sales growth in high-speed line modules and an increase in sales revenue from the new energy vehicle business [10] Group 2: Market Trends and Strategies - The SLG market's top products have a monthly revenue ceiling of 200 million USD, indicating an expanding market space [1] - Morninglight Bio's core products are experiencing varied gross margins, with a focus on maintaining reasonable profit margins through strategic measures [2] - Haon Electric's R&D investment reached 103 million yuan, accounting for 12.85% of revenue, indicating a strong commitment to innovation [3] - Weixing Co. is cautious about the winter clothing consumption trend, with a need to observe future market conditions [4] - Yongyi Co. is expanding its non-U.S. market presence, with rapid growth in Europe, Southeast Asia, and Australia [6] - Xinjubang is capitalizing on market opportunities due to the shutdown of international competitors, particularly in the fluorinated liquid business [7] - Yilian Network's overseas capacity construction is not significantly impacting gross margins, with cost optimization through process upgrades [8] - Yinlun Co. is focusing on developing a product system around customer needs in the humanoid robot sector, enhancing collaboration with educational institutions [9] - Huafeng Technology is promoting high-voltage connector applications to expand market scale in the new energy vehicle sector [10]

人民财讯8月27日电，豪恩汽电（301488）8月26日在业绩说明会上表示，目前公司在手订单项目充足， 客户涵盖了全球一流车厂，主要产品有视觉感知系统和超声波雷达系统，包括车内监控系统、电子后视 镜系统、行泊一体系统、前视主动安全系统、域控制器系统、智能泊车系统、智能视觉系统、超声波雷 达系统、毫米波雷达系统、视觉传感器系统等产品，合计在手定点金额达200亿元—300亿元。 ...

Group 1 - The company emphasizes the importance of R&D investment, committing to 10-12% of revenue for R&D to ensure future growth and product iteration [2] - The R&D team is expected to grow from 400-600 members to around 1000 to support the company's global development strategy, focusing on advanced technologies in automotive intelligent driving perception and robotics [2] - In the first half of 2025, the gross margin was 20.47%, a decrease of 0.84% year-on-year, primarily due to increased R&D spending, which reached 103 million yuan, accounting for 12.85% of revenue, a 53.25% increase year-on-year [2] Group 2 - The company has established long-term, stable partnerships with major global automotive manufacturers, including Volkswagen, Ford, and BYD, among others [3] - Approximately 40% of the company's revenue in the first half of 2025 came from overseas markets, with expectations for further increases as the global strategy is implemented [3] - The company has a robust order backlog, with total project amounts ranging from 20 billion to 30 billion yuan, covering various advanced automotive products [2]

Group 1: Financial Performance - In the first half of 2025, the company achieved a revenue of 805 million CNY, representing a year-on-year growth of 35.79% [3] - The net profit attributable to shareholders, after deducting non-recurring items, was 41.29 million CNY, with a year-on-year increase of 13.75% [3] - The gross profit margin for the first half of 2025 was 20.47%, a decrease of 0.84% compared to the same period last year [3] Group 2: Customer and Product Structure - The top five customers accounted for approximately 70% of the revenue in the first half of 2025, with the new energy business contributing around 50% [3] - The main products generating revenue were automotive intelligent driving perception systems, with revenue shares of 65% for onboard camera systems and 35% for ultrasonic radar systems [3] Group 3: Research and Development - The company invested 103 million CNY in R&D in the first half of 2025, which is 12.85% of its revenue, marking a year-on-year increase of 53.25% [3] - The company plans to expand its R&D team from 400-600 to approximately 1,000 personnel to support its global development strategy [6] Group 4: Global Strategy and Market Expansion - In the first half of 2025, overseas revenue accounted for about 40%, with expectations for further increases as the global strategy is implemented [5] - The company has established long-term partnerships with major automotive manufacturers globally, including Volkswagen, Ford, and BYD [5] Group 5: Future Product Development - The company anticipates significant growth in the sales of its intelligent driving products, particularly the AK2 ultrasonic system and APA automatic parking system [4] - The unit price of the perception systems is expected to rise from below 1,000 CNY to between 3,000 and 4,000 CNY per vehicle as the number of sensors increases [8] Group 6: Order Backlog - The company currently has a robust order backlog, with total project amounts ranging from 20 billion to 30 billion CNY, covering various advanced perception systems [7]