Understanding the Market | RoboSense rose nearly 7% with high shipments of intelligent driving LiDAR, ADAS sales in the first half of the year surged nearly 5 times

ROBOSENSE rose nearly 7%, as of the time of publication, it rose by 6.87% to HKD 11.82, with a turnover of HKD 38.1759 million. On the news front, in the first half of this year, ROBOSENSE's LiDAR sales were approximately 243,400 units, a year-on-year increase of 415.7%, with car LiDAR sales at around 234,500 units, a year-on-year increase of 487.7%. In the second quarter, ROBOSENSE's LiDAR sales were approximately 123,000 units, with car LiDAR sales at around 118,300 units. As of June 30, 2024, the historical cumulative total sales of LiDAR are approximately 583,500 units, with cumulative car LiDAR sales of around 518,300 units. Haitong Securities' research report pointed out that with the gradual implementation of advanced intelligent driving functions and the benchmark effect of mass production of advanced intelligent driving functions by leading car manufacturers, advanced intelligent driving functions have initially captured users' minds. The continuous expansion of the industry market size combined with rapid growth in end-user demand is bringing new vitality to the high-quality development of the LiDAR market, recommending attention to related companies in the industry chain, such as ROBOSENSE