<p>Horizon Robotics has entered into a new loan agreement with Dr. Kai Yu, the founder and executive director of the company. Under the terms of the agreement dated December 12, 2025, Horizon Robotics will provide a loan in the principal amount of RMB64,026,413.93 to Dr. Kai Yu. The loan will have a term of up to 12 months from the date of drawdown or until an event of default occurs, and will bear interest at the one-year loan prime rate published by the National Interbank. The transaction qualifies as a connected transaction under the Hong Kong Listing Rules but is exempt from certain approval and circular requirements. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Robotics published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251212-11954299), on December 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)</p>

09660

<p>Horizon Robotics has granted a RMB64 million loan to its chairman, Dr. Kai Yu, under a new agreement dated December 12, 2025. The loan has a 12-month term and bears interest at the one-year loan prime rate. This transaction is a connected transaction under Hong Kong Listing Rules but is exempt from certain approval requirements.</p>

Horizon Robotics Grants RMB64 Million Loan to Chairman Dr. Kai Yu