Changes in Hong Kong stocks | Horizon Robot-W (09660) rises by more than 6% and deepens advanced smart driving cooperation with Volkswagen, and the unit price of Yamato Feeder will be the main driving force for its revenue growth

Zhitongcaijing · 04/09 06:41

The Zhitong Finance App learned that Horizon Robot-W (09660) rose more than 6%. As of press release, it had risen 6.42% to HK$5.47, with a turnover of HK$301 million.

According to the news, recently, Horizon and Volkswagen Group officially announced further cooperation in the advanced field based on Horizon's full-scene intelligent driving solution HSD (Horizon SuperDrive™). HSD will serve as an important technical support for intelligent driving research and development under the Volkswagen Group's “in China, for China” strategy. Through CARIAD and Horizon's joint venture, HSD will accelerate R&D and launch it on models owned by the Volkswagen Group.

Yamato released a research report saying that Horizon Robots is expected to be one of the companies least affected by US tariffs in the automotive supply chain. The Group's sales ban will end on April 24, and the bank believes this will provide investors with a good opportunity to enter the market. Yamato anticipates that the customer unit price will be the main driver of Horizon Robotics' revenue growth in 2025. Delivery is expected to increase 34% year over year to 3.9 million chips in 2025, and it is predicted that the average sales price of its chips will reach 391 yuan, compared with 229 yuan in 2024, an increase of 71% year over year.

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