Asia Tech Wire (Oct 9) -- Chinese smart driving solutions provider Horizon Robotics Inc. passed a listing hearing on the Hong Kong Stock Exchange on Tuesday.

In August 2024, the China Securities Regulatory Commission (CSRC) published a filing notice on Horizon Robotics' overseas offering and listing.

The startup intends to issue up to 1,153,546,800 overseas-listed ordinary shares and list them on the Hong Kong Stock Exchange, the notice showed.

Since its inception in July 2015, Horizon Robotics had received several investments from investors including SAIC Motor, BYD, Intel, HongShan, Sequoia Capital's China spin-off, Blackstone, SK hynix, CATL, Luxshare Precision, etc., with a total of more than US$3.4 billion in financing.