HORIZONROBOT-W (09660) announced its interim results, with a net profit of 3.784 billion yuan, turning a profit compared to the same period last year. The market share of its self-owned brand ADAS has surpassed 50% for the first time.

date
17:33 31/08/2026
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GMT Eight
Horizont Robot-W (09660) announced its interim results for the six months ending June 30, 2026. The revenue from customer contracts in the groups continuing operations reached RMB 2.055 billion, a year-on-year increase of 32.9%; net profit was RMB 3.784 billion, marking a return to profitability; gross profit from continuing operations was RMB 1.356 billion, also up 32.9% year-on-year.
HORIZONROBOT-W (09660) announced its interim results for the six months ending June 30, 2026. The group's revenue from contracts in continuing operations was RMB 2.055 billion, a year-on-year increase of 32.9%; net profit was RMB 3.784 billion, turning a profit from a previous loss; and gross profit from continuing operations was RMB 1.356 billion, also a year-on-year increase of 32.9%. The market share of the self-owned brand ADAS has exceeded 50% for the first time, establishing an absolute leading position: According to third-party industry data, in the first half of 2026, the market share of the companys basic auxiliary driving solutions (ADAS) for self-owned passenger cars in the Chinese market reached 50.02%, surpassing half for the first time and reaching a historic high. During the reporting period, the companys market share was approximately twice that of the second-ranked competitor, establishing an absolute leading position in this niche market. As the core entry point for the company's scaled volume and customer adoption, its leading status has laid a solid foundation for penetrating mid-to-high-end solutions to a wider range of customers. The city NOA computing platform has jumped to second place, with rapid breakthroughs in high-end sectors: According to third-party industry data, during the reporting period, the companys computing platform supporting urban NOA functions increased its market share in the Chinese self-owned passenger car market from 17.9% in 2025 to 22.8%, rising from third to second place. It now ranks just behind a U.S. technology company, together accounting for over 60% of the market share, further highlighting the concentration of leading players. In the rapidly growing high-end sector, the company, as an attacking player, has achieved a dual leap in both market share and ranking, demonstrating strong upward momentum. The total share of the intelligent driving computing platform remains in the top position: According to third-party industry data, the companys intelligent auxiliary driving computing platform holds a 31.9% share of the market for self-owned brands in China, ranking first in the industry and continuously solidifying the companys status as a leader in the field of intelligent auxiliary driving computing in China.