Launch L2 urban area assisted driving system HSD, Horizon (09660) joins hands with Chery and other car companies to embark on a new journey of intelligentization.

April 18th, the 2025 Horizon Annual Product Launch with the theme "Beyond Imagination" was held at Dishing Lake in Shanghai. Horizon (09660) unveiled the L2 urban driving assistance system Horizon HSD, creating a new solution for urban driving assistance that focuses on the user experience and trust. At the same time, Horizon reached its first mass production collaboration with Chery on HSD, leveraging its full-stack capabilities to propel intelligent mass production into a new journey. Horizon unveiled the Horizon HSD L2 urban driving assistance system As a leading smart driving technology company in the industry, Horizon has always adhered to the belief in integrated software and hardware technology, enabling it to surpass Moore's Law and lead the upgrade of automotive intelligence. The launch and mass production of Horizon HSD is a significant achievement of the integrated software and hardware technology path and a key milestone for Horizon in the popularization of smart driving. Dr. Yu Kaibao, the founder and CEO of Horizon, stated: "Looking back on the development of computing platforms, each deep integration of software and hardware reconstructs the underlying logic of human beings and promotes the progress of human technological civilization. Horizon firmly follows the pioneers who promote the progress of human technological civilization, in pursuit of the belief in integrated software and hardware technology." Creating an intelligent driving product that everyone loves, HSD promotes efficient mass production of L2 urban driving assistance At the launch event, Dr. Yu Kaibao announced Horizon's latest vision - "Creating an intelligent driving product that everyone loves." Guided by this new vision, Horizon aims to create high-trust smart driving products; looking to the future, Horizon follows the logic of AI era products to continuously approach the truth of the world. Based on technology as the foundation, the vision accelerates its realization. At a crucial milestone of its tenth anniversary, Horizon officially launched the L2 urban driving assistance system Horizon HSD. Equipped with the most powerful domestic smart driving computing solution Horizon 6P, adopting a one-stage end-to-end technical architecture, HSD is the first L2 urban driving assistance system in China to be developed with a full integrated software and hardware stack. HSD enhances system safety, stability, and traffic efficiency comprehensively, offering users a high level of trust and an experience akin to human intelligence for smart travel. Dr. Yu Kaibao announced Horizon's latest vision - "Creating an intelligent driving product that everyone loves" Based on the integrated software and hardware full-stack technology, Horizon promotes efficient mass production of smart driving technology. Horizon innovatively introduced the Horizon Cell "clip system," enabling hardware interchangeability and software upgradability, providing car manufacturers with the choice of a "software and hardware upgradeable" solution, supporting rapid upgrades of onboard computing platforms, and achieving a win-win situation for car manufacturers and users. Based on the clip system and relying on the characteristics of "technological co-origin and unified architecture," the integrated software and hardware full-stack solution HSD launched three versions: HSD 300/HSD 600/HSD 1200, providing a range of solutions from universal to high-performance to all-scenario and all-price ranges, creating a complete set of L2 urban driving assistance solutions. Horizon introduced the Horizon Cell "clip system" to provide car manufacturers with a "software and hardware upgradeable" solution Software and hardware full-stack mass production delivery, collaborating with Chery to create a new answer to intelligence At a crucial stage when intelligent driving is moving towards mass production, Horizon and Chery Group have initiated comprehensive cooperation on mass production of HSD. Based on an open and innovative joint ecology, Chery has created the "Falcon Solution," where Horizon HSD will be an advanced solution for Chery's "Falcon," debuting globally on the Xingtu brand alongside the Horizon 6P computing solution, and officially mass-produced in September 2025. Following this, Chery will launch more models using the HSD solution under the "Falcon Solution." The two parties will inject strong momentum into the transformation of China's automotive industry towards intelligence, accelerating innovation breakthroughs in intelligent driving technology and its widespread application. Chairman Yin Tongyue of Chery Holdings Group attended the Horizon launch event and announced the global first mass production collaboration of HSD with Horizon Chairman Yin Tongyue of Chery Holdings Group attended the launch event and stated, "Horizon is one of our most important partners in the field of intelligence, and HSD is a top-tier urban driving assistance solution in the industry. Chery and Horizon both aim to pursue excellence in technology, safety, and quality, making 'Chinese intelligent solutions' a globally trusted label that more users will love!" Chairman Yin Tongyue of Chery Holdings Group and Dr. Yu Kaibao, founder and CEO of Horizon While deepening cooperation with Chery, Horizon has also made breakthroughs in its ecological layout. Volkswagen Group recently announced its deepening cooperation with Horizon based on HSD, accelerating the research and development of a full-stack solution for all-scenario driving assistance through their joint venture company, Carizon, and deploying it on multiple models under the Volkswagen Group starting in 2026. A new decade, a new beginning, showcasing the "first business card of Chinese smart driving technology" 2025 marks the end of the past decade and the beginning of a new decade. Looking back on the past ten years, Horizon has paved a unique path towards intelligent driving. As Dr. Yu Kaibao stated, "Our career is not a lively party, but a long journey of perseverance." "Over the past ten years, we have adhered to the integration of software and hardware, consistently leading industry innovation." Since its establishment in 2015, Horizon has focused on deep neural network computing and made continuous breakthroughs in technology research and development. Over the decade, it has launched three generations of BPU intelligent computing architecture, constantly pursuing the optimal solution for computing performance, surpassing Moore's Law, and achieving a performance increase of over 1000 times in ten years, supporting the mass production of more than 10 computing solutions. Developed based on the Nash architecture, the Horizon 6 series covers 10-560 TOPS of computing power, making it the only domestically available smart driving computing solution that satisfies the needs of L2 assisted driving to all-scenario urban driving, suitable for various intelligent vehicle requirements. Surpassing Moore's Law, the BPU has increased computing performance by over 1000 times in ten years At the core algorithm level, Horizon has always been at the forefront, continuously driving innovation in smart driving algorithms. In the last three years, they have presented over 40 papers at top international conferences, with academic achievements cited over 100,000 times. Global patent applications have reached 2.In 2023, Horizon released the end-to-end autonomous driving large model UniAD for the first time in the industry, winning the Best Paper award at CVPR that year. In 2024, Horizon introduced the next-generation universal vision backbone model, Vision Mamba, which outperformed Vision Transformer and was jointly listed as one of the most highly cited AI papers globally in 2024 with Deepseek. Horizon ranked third globally and first domestically, providing strong support for theoretical innovation and technological practice in intelligent driving."In the past ten years, we have adhered to an open ecosystem for mutual benefit and win-win cooperation. With 'open and win-win cooperation' as our ecological belief, Horizon has established mass production partnerships with the most extensive Tier-1 and software ecosystem partners, and has joined hands with global top partners such as Bosch, Denso, Continental, and Coolnut, accelerating the global application of intelligent driving. At the same time, Horizon has partnered with over 40 car manufacturers and brands, including the top ten Chinese car manufacturers, becoming the 'lowest common denominator' driving force for Chinese car manufacturers to promote intelligent driving equality. So far, Horizon has delivered over 8 million sets of OEM production, with over 200 production models and over 310 production steering models, becoming the travel choice for over 5 million intelligent driving car owners. With a market share of 33.97%, Horizon ranks first in the L2 assisted driving computing solution market for independent brand passenger cars. With strong market performance, Horizon was listed on the main board of the Hong Kong Stock Exchange in 2024, becoming the largest Chinese technology company IPO in Hong Kong and the United States since 2022, setting the fastest record to enter the Hang Seng Tech Index since 2022, and growing into a highly valuable and growth potential intelligent driving technology company. For every three smart cars, one is equipped with Horizon Every step of the way, Horizon has walked through ten years, which is also a golden decade for the development of intelligent driving industry. From focusing on the research and development of deep learning software and hardware combined technology, to the first release and mass production of the journey series of vehicle-mounted intelligent computing solutions, and now to the urban area assisted driving system HSD, Horizon has found a breakthrough in every change, grasping certainty in uncertainty, becoming the first piece of China's intelligent driving technology. Horizon is a technology-enabled company with an ecological belief, open and win-win, and all for the benefit of others. Standing at the starting point of a new decade, Horizon will use the release of HSD as a prologue, driving the intelligent driving industry beyond the inflection point of value. In the future, Horizon will continue to steer with the technology belief of 'software and hardware integration' and the ecological belief of 'open and win-win', and help the Chinese intelligent driving industry sail towards a broader blue ocean on this journey that surpasses imagination, allowing users to enjoy 'hand over intelligent driving to Horizon, and hand over life to oneself', making Chinese intelligent solutions an important engine for global travel transformation."