The Zhitong Finance App learned that Horizon Robot-W (09660) rose more than 8% in early trading. As of press release, it rose 8.05% to HK$3.69, with a turnover of HK$350 million.
According to the news, according to Blue Whale News, following Tenjin Eye C, Horizon's chip and HSD driver assistance system have entered BYD's higher-positioned Tenjin Eye B plan. However, the specific load capacity and model plan “wait for the car company to decide”, and the ratio between Horizon and BYD's self-developed plan has not yet been fixed.
According to reports, the Tenjin Eye B Plan is mainly aimed at some high-end models of Tension and BYD brands. The first model equipped with it is expected to be launched in November. The industry believes that as far as Horizon is concerned, if it can successfully enter BYD's software supply this time, it will not only be able to increase revenue in both directions through the sale of high-power chips and HSD systems, but also establish a key mass production case for exporting software to leading self-developed car companies, laying an important foundation for them to further develop the smart driving market.