Core Viewpoint - Horizon Robotics-W (09660) experienced a significant stock increase, reaching a new high of 11.32 HKD, following the announcement of a strategic partnership with Hello to develop an L4 autonomous driving system for robotaxi operations [1] Group 1: Stock Performance - The stock rose over 7% in early trading, with a peak at 11.32 HKD, and was reported at 10.95 HKD with a trading volume of 1.241 billion HKD at the time of writing [1] Group 2: Strategic Partnership - On September 11, Horizon Robotics signed a strategic cooperation agreement with Hello, focusing on the development of an end-to-end L4 autonomous driving core system to accelerate the urban deployment and commercialization of robotaxis [1] - The collaboration with Hello allows Horizon Robotics to achieve full scene coverage from L2 to L4 in autonomous driving technology [1] Group 3: Future Projections - According to Zhongyin Securities, the high-end HSD from Horizon Robotics is expected to enter mass production in the second half of 2025, which will likely increase the average selling price (ASP) of the company's automotive product solutions [1] - The introduction of new products is anticipated to drive an increase in the number of licensing and service contracts [1] - With initial success in expanding overseas clients, the number of licensing and service contracts from international markets is expected to rise significantly by 2026 [1] - To maintain market competitiveness amid rapid advancements in autonomous driving models, the company is projected to significantly increase its research and development expenses [1]

Core Viewpoint - Horizon Robotics-W (09660) has seen a significant increase in stock price, reaching a new high of 11.32 HKD following a strategic partnership with Hello to develop an L4 autonomous driving system for robotaxi operations [1][1]. Group 1: Company Developments - Horizon Robotics signed a strategic cooperation agreement with Hello on September 11, focusing on creating an end-to-end L4 autonomous driving core system to accelerate the deployment and commercialization of robotaxis in urban areas [1][1]. - The collaboration with Hello allows Horizon Robotics to cover a full range of scenarios from L2 to L4 in autonomous driving technology [1][1]. Group 2: Financial Projections - According to Zhongyin Securities, the high-end HSD from Horizon Robotics is expected to begin mass production in the second half of 2025, which will likely increase the average selling price (ASP) of the company's automotive product solutions [1][1]. - The introduction of new products is anticipated to drive an increase in the number of licensing and service contracts [1][1]. - With initial success in expanding overseas clients, it is projected that the number of licensing and service contracts from international markets will significantly rise by 2026 [1][1]. - Due to the rapid evolution of autonomous driving models, Horizon Robotics is expected to substantially increase its R&D expenses to maintain market competitiveness [1][1].