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Horizon Robotics (HKEX: 9660), a leading provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) solutions for passenger vehicles, today officially listed on the Main Board of the Hong Kong Stock Exchange. Horizon Robotics is a key enabler for the smart vehicle transformation and commercialization with its integrated solutions deployed on mass scale. According to data from CIC (China Insights Consultancy), Horizon is the first and has consistently been the largest Chinese company providing integrated ADAS and AD solutions, leading in overall solution installation volume since the mass deployment began in 2021. Its solutions are adopted by 27 OEMs across 42 brands for implementation in 290 car models, with all of China's top ten OEMs choosing Horizon's smart driving solutions for mass production into their passenger vehicle models. As a pioneer in the smart driving technology sector, Horizon offers a comprehensive portfolio of ADAS and AD solutions, namely Horizon Mono, Horizon Pilot and Horizon SuperDrive, to address different consumer needs from mainstream assisted driving to advanced level autonomous driving. In his speech at the ceremony, Dr. Yu said: "After nine years of effort, we have become the preferred partner for numerous OEMs in China, and a major force in advancing the transformation towards smarter automotive technology. The successful listing in Hong Kong marks a critical step towards our international market expansion." In 2023, the global smart driving penetration rate in new passenger cars reached 65.6%, projected to rise to 80.3% and 96.7% by 2026 and 2030, respectively. In China, the rate was 57.1% in 2023, and expected to reach 81.2% and 99.7% in the coming years, according to CIC data. As demand for smart driving features grows alongside supportive policies, the market is set for significant expansion, positioning Horizon Robotics to capitalize on this explosive growth. Following Horizon’s listing in Hong Kong, the company will continue to invest in R&D and industry collaboration, aiming to drive advancements in smart driving technology, creating greater value for consumers and investors, and fostering a safer and smarter future in mobility.

We are honored to have Ralf Brandstätter test drive the Horizon SuperDrive™ all-scenario #smartdriving solution. The test drive took place during evening rush hour. The complex city traffic and unexpected rainy weather turned the experience into a challenge. However, SuperDrive performed like a seasoned driver - smooth and efficient - completing the 50-minute test drive with zero interventions. It managed to navigate through extreme scenarios such as city roundabouts, complex construction zone detours, congested ramp merges, and tricky intersections with excellent speed, precision, and stability. This year also marks the 40th anniversary of Volkswagen Group's entry into China. As a deep cooperation partner of Volkswagen's “In China, For China” strategy, CARIAD and Horizon's joint venture CARIZON are accelerating the development of full-stack smart driving solutions. We look forward to providing safer, more convenient and enjoyable travel experiences to consumers in China and around the world!

Horizon Robotics, a leading provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) solutions for passenger vehicles, unveiled its groundbreaking Horizon SuperDrive™ AD solution. It offers smooth and human-like autonomous driving in urban, highway and parking scenarios, with the aim to provide safer, more convenient, and enjoyable travel experiences to consumers.

🎉May our journey together in the Year of Dragon be paved with success and joy. Happy Chinese New Year!

In China, there are more than 17 million visually impaired people. Such a large population has caught the attention of employees at Horizon Robotics. On the International Day of Persons with Disabilities (#IDPD), a team of Horizon's R&D colleagues introduced ManGo to us, a mini-guide robot demo invented for this group, hoping to provide more care for them. In addition to daily work, it is a tradition for Horizon employees to do some small inventions and innovations based on company's automated driving solutions and technological strength. These internal creations demonstrate their creative minds and people-oriented values. In order to provide more user-friendly functions of ManGo demo, our colleagues also paid a visit to a blind friend in their spare time to learn about his lifestyle and daily needs. Knowing the limitations of current guide sticks and other tools on the market, as well as the difficulties of obtaining a guide dog, they designed the ManGo demo as a smart guide robot-dog with functions including navigation, obstacle avoidance and voice interaction. We are very pleased to see that our colleagues at Horizon spend their spare time designing a variety of small household inventions for people with disabilities. We also look forward to the mass production of these little helpers in the future, bringing people a safer, better, and more convenient life.

We look forward to working together with Volkswagen Group to accelerate the development of automated driving solutions for the Chinese market!

Welcome back to Horizon Academy's sharing session — #FutureInMe. Today, we can't wait to introduce two more colleagues who said they were destined to be part of the Horizon team. They found their passion before joining Horizon, and gladly, they continue to pursue their dreams and achieve greater success here. Ruiying describes herself as an somewhat introverted person with passionate interests. Throughout her college years, she displayed a keen interest in the area of education and public welfare. She even founded an animation production firm specifically focused on children's education. In line with Horizon's people-oriented values, she and her colleagues found that many Chinese students are interested in computer programming but do not have adequate assistance and equipments. After a period of field developing and testing, her team launched the Horizon Developer University Program (DUP), a groundbreaking initiative aimed at nurturing and cultivating the innovative talent of tomorrow through a diverse range of activities, including curriculum development, scientific research collaboration, and internship and career opportunities. Xinkuan's adventure with Horizon began as an internship, with his childhood dream of computer programming to accomplish useful and interesting projects. After graduating, he immediately joined Horizon to provide support on mass-production projects for OEMs. "Making human life safer and better through my own interests and efforts is my life long aspiration, and also the mission of our company. I am confident that we will keep pushing the envelope and bring more innnovative smart vehicles to Chinese consumers." These are just a handful of our colleagues' stories. With a shared passion and clear sense of purpose, we are commited to making people's time spent on the road safer, productive and enjoyable.

Recently, we initiated an internal sharing program with the theme of #FutureInMe. Alumni from our Horizon Academy program were invited to share their experiences in Horizon Robotics with our new colleagues. Below are some of their stories. The development of Horizon Robotics is tied closely to the continuous innovation of our colleagues. Xue, an engineer and a key member of our R&D team, participated in the development of Horizon's first automotive grade computing solution - Journey™ 2. Overcoming multiple technical challenges, her team successfully deployed Journey™ 2 in mass-produced vehicles. "Seeing the solutions we work on actually being used in cars on the road is deeply satisfying," she said, "As cars become people's third living space, I hope to help make our daily commute more convenient and comfortable." With a shared mission to make human life safer and better, our colleagues reach their own goals and grow together with Horizon. Zixi participated in the preparation for the launch event of the Horizon Journey™ 5 computing solution during her internship. After her graduation the following year, she didn't hesitate to accept a job with Horizon. "Horizon gave me the opportunity to explore and grow even as an intern. I like working with colleagues from different departments, which allows me to face challenges with a positive mindset every day." Everyone here have their unforgettable memories, and it is our honor to witness these like-minded individuals growing together with Horizon. In the next sharing event, we will share more of their stories. Please stay tuned!

NETA Auto, a Chinese electric vehicle brand with continuously evolving EV technology and owned by Hozon New Energy Automobile, officially launched its highly anticipated NETA X compact electric SUV in China. This is NETA's fourth mass-produced car model this year equipped with Horizon Journey 3 computing solution, after NETA GT and NETA S 2024. Leveraging Horizon's energy-efficient automotive product, NETA X 400 and NETA X 500 offer 23 driving assistance functions, including Fully Assisted Parking Aid (FAPA), Adaptive Cruise Control (ACC) and Lane Departure Warning (LDW), to deliver a safer and more enjoyable driving experience to consumers. In addition to the ongoing collaboration on Journey 3, Horizon also works closely with NETA Auto to develop advanced automated driving system, powered by Horizon’s third-generation computing solution, Journey 5. This system will be featured in multiple NETA models, with the first model to be mass-produced in the coming year. In line with NETA Auto's company value of "tech for all", Horizon is also devoted to improving driving safety and convenience for everyone. Both companies will continue to accelerate the transformation of smart mobility and create an enjoyable "third living space" beyond home and office for consumers in China.

With the wrapping up of #DriveOnHorizon, we're seeing even more enthusiasm about the future of autonomous driving in China! During the events hosted in Shanghai and Chengdu, we brought together over 40 expert speakers from various fields to share their insights on how smart driving will transform the concept of mobility and engage in thought-provoking discussions about the benefits and challenges of self-driving cars. We also created an interactive learning platform and provided opportunities for people to get behind the wheel and try out "smart driving" firsthand. With an audience of over 300 autonomous driving enthusiasts, our events served as a window to this thriving and exciting technology. Aligning with Horizon's vision that technology should empower people, events like #DriveOnHorizon underscore our commitment to optimizing the driving experience and making every journey safer and more comfortable, as cars become an extension of our homes and offices. We look forward to collaborating with partners and communities to continue pioneering this exciting field.