[Horizon Robot-W releases 2026 semi-annual report: revenue and gross profit increase, and the resilience of automotive intelligent bases highlights] On August 31, Horizon Robot (9660.HK) released its financial report for the first half of 2026 on August 31. During the reporting period, the company achieved operating income of 2.055 billion yuan, a year-on-year increase of 32.9%. Gross profit was 1.356 billion yuan, a year-on-year increase of 32.9%. Comprehensive gross profit margin remained at a high level of 66%. Among them, shipments of Journey series chips bucked the market trend and increased by 12.1% to 2.218 million units, driving product and solution revenue to increase by 14.8% to 926 million yuan. The company has obtained approvals for nearly 500 vehicle models; in the field of mid- to high-end smart driving, it has obtained approvals for nearly 130 models. The accelerated realization of the "ARM+Android" underlying licensing model drove licensing and service revenue to 1.129 billion yuan, a year-on-year increase of 52.7%. At the same time, its underlying technology has been extended to embodied intelligence, unmanned logistics vehicles, home intelligence, electric two-wheeled vehicles and other scenarios through partners. Currently, Horizon's value as an intelligent base for automobiles is accelerating, and it is accelerating towards a super platform in the era of physical AI.