Horizon (09660) and Omoway Group's joint venture Smart Driving Continental's NeuEHCT completed nearly US$200 million financing to accelerate the implementation of smart driving inclusiveness worldwide

The Zhitong Finance App learned that on December 31, 2025, Smart Driving Mainland's NeuEHCT completed financing of nearly 200 million US dollars. The financing was jointly invested by leading industrial capital and market-based funds such as Yunfeng Fund, Dachen (Dachen Financial Intelligence, Guochen Venture Capital), Chaos Investment, and Ningbo Commerce Fund (Yongning Gaoxin Fund). Strategic shareholders Omoway Group (former Continental Group Automobile Group) and Horizon (09660) continued to invest more. Following the first round of market-based financing involving Gao Lin Investment, CICC Porsche, and Zhejiang Financial Holdings in early 2025, the company received intensive recognition from investment institutions, demonstrating the company's technical strength and commercialization potential.

Along with the development of the global smart car industry and breakthroughs in intelligent driving technology, intelligent driving suppliers have ushered in structural opportunities. As a technology company jointly launched by Horizon and Omovi Group, NeuEHCT adheres to the mission of “smart driving with equal rights, making travel safer and more convenient”, and the vision of “bringing leading intelligent driving products to every continent” to serve OEM customers around the world.

Smart Driving Mainland NeuEHCT Assisted Driving Product Matrix

Relying on core technology accumulation, the company has built the “Starry HCT Astra Urban Intelligent Assisted Driving + Haoyue HCT Luna High Performance ADAS Solution” product matrix. Among them, the next-generation Starstar HCT Astra one-stage end-to-end system adapts to complex urban road conditions with a human-like driving experience, and includes easy-to-use urban assisted driving to 100,000 yuan passenger cars. In 2025, the company has won targeted cooperation for more than 10 models, and the efficiency of commercial implementation is outstanding. At the same time, the company has achieved commercialization breakthroughs in overseas markets, carried out product implementation verification in many countries and regions, and promoted the globalization and inclusiveness of intelligent assisted driving technology.

Dong Huaijin, Executive Director of Yunfeng Fund, Andrea said:

“Yunfeng Fund is optimistic about Smart Driving Mainland (NeuEHCT) as a platform company jointly built by Horizon and Omoway Group, which has the potential to radiate and expand the global market for long-term development. NeuEHCT combines Horizon's leading end-to-end intelligent driving assistance technology capabilities with the Omoway Group's deep global industrial resource advantages. It has quickly secured multiple model targets in the domestic market, achieved mass production breakthroughs in overseas business, and has a solid foundation for growing into a leading global enterprise in the field of intelligent driving. Yunfeng Foundation looks forward to working with NeuEHCT to accelerate globally competitive intelligent assisted driving solutions to the international market.”

Shi Junjie, director of Dachen Financial Intelligence Investment, said:

“As an investor in this round of financing from Smart Driving Mainland's NeuEHCT, I am very happy to participate in the development process of this intelligent driving company with great potential for growth. Since its establishment, Smart Driving Mainland's NeuEHCT has rapidly grown into an influential software and hardware integrated solution provider in the industry with its deep industrial background, leading technical architecture and global business layout. At present, NeueHCT has achieved a dual product line layout covering the L2 to L2++ levels of the 'Haoyue HCT Luna High Performance ADAS Solution' and the 'Fanxing HCT Astra Urban Intelligent Assisted Driving Solution', directly providing customers with full-stack solutions in China; it has also completed closed data loops and mass production targets for many international car companies overseas.

Currently, automotive intelligence is entering a period of popularity and explosion. With its solid product strength, efficient delivery system, and clear internationalization path, NeuEHCT is at the beginning of rapid growth. We believe that the company is expected to grow into a platform-based company with global influence in the process of reshaping the intelligent driving industry pattern. We look forward to working with NeuEHCT to jointly promote large-scale implementation of intelligent driving technology and industrial progress.”

Zhang Jianwei, head of equity investment at Chaos Investment, said:

“Chaos Investment has continued to focus on technological changes and investment opportunities in the field of intelligent driving for a long time. After ten years of technological iterations and breakthroughs, the industry is entering its own era of industrial revolution. With full-stack technical capabilities integrating software and hardware, Smart Driving Mainland's NeuEHCT provides highly competitive intelligent driving assistance products. It also has a global perspective and very rich experience in global business resources and supply chain management. We believe that NeuEHCT will definitely become a leading global company with smart driving and equal rights, bringing intelligent assisted driving products with the ultimate experience to every continent, benefiting thousands of households, and making everyone's travel safer and more convenient.”

The relevant person in charge of the Ningbo International Trade Fund said:

“As the largest private equity investment institution in Ningbo, the strategic investment layout of Ningbo Yongning Gaoxin Fund is aimed at emerging technology companies around the world. In our contact with the company, we saw that NeuEHCT, as a joint venture between Horizon and Omovi Group, makes full use of the parent company's resources to rapidly iterate. We were impressed by its smart driving technology performance, highly competitive products, and global commercialization progress. We not only appreciate this young technical team, but also deeply approve the joint layout of the two parent companies, creating a new sample of Sino-foreign joint ventures for the market. We have reason to believe that NeuEHCT's commercialization journey will be a landmark in the wave of Chinese companies 'going out'.”

Li Biao, CEO of NeuEHCT of Smart Driving, said:

“The successful completion of this round of financing not only provided the company with both capital and strategic resources, but also demonstrated the capital market's recognition of our technical route and commercialization capabilities. Thanks to investors and industry partners for their recognition and support of the NeuEHCT technology route, in the future, the company will continue to cultivate technology, focus on customer needs and user experience, promote the implementation of more cost-effective intelligent assistive products, so that users around the world can enjoy the safety and convenience brought by intelligent assisted driving, and implement the strategic vision of 'bringing leading intelligent driving products to every continent'.”