About Hesai Group - American Depositary Share (HSAI)
Hesai Group is a technology company that specializes in the development and production of advanced lidar sensors and perception systems for autonomous vehicles, smart transportation, and other applications that require high-precision 3D spatial awareness. The company's innovative solutions enable vehicles to navigate and understand their environments in real-time, contributing to the advancement of autonomous driving technology. Additionally, Hesai Group is engaged in enhancing sensor capabilities for a range of industries, including robotics, drones, and mapping, aiming to drive forward the integration of intelligent technologies in various sectors. Read More
Hesai said that it will supply lidars for all of Li’s EV models in its next-generation assisted driving platform, including the L series, i series and Mega.
Quarterly net revenues were RMB795.4 million (US$111.7 million)1Quarterly lidar shipments were 441,398 unitsQuarterly net income was RMB256.2 million (US$36.0 million)
For much of 2025, emerging markets, particularly China, showcased a compelling narrative of resilience and growth, with the Nasdaq Golden Dragon China Index (HXC) experiencing a significant upward trend. This rally, driven by robust policy support from Beijing, a surge in technological innovation, and substantial institutional investment, suggested distinct economic
SHANGHAI, China, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Hesai Group (NASDAQ: HSAI) (“Hesai” or the “Company”), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced the pricing of its global offering (the “Global Offering”) of 19,550,000 Class B ordinary shares of the Company (the “Offer Shares”), which comprises an international offering (the “International Offering”) and a Hong Kong public offering (the “Hong Kong Public Offering”).
The world’s top lidar maker reported stronger Q1 results and is pursuing a Hong Kong debut as U.S. delisting risks drive Chinese firms to seek dual listings.
SHANGHAI, China, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Hesai Group (NASDAQ: HSAI) (“Hesai” or the “Company”), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced the launch of its global offering (the “Global Offering”) of 17,000,000 Class B ordinary shares of the Company, which comprises a Hong Kong public offering of initially 1,700,000 Class B ordinary shares commencing on September 8, 2025 Hong Kong time (the “Hong Kong Public Offering”) and an international offering of initially 15,300,000 Class B ordinary shares commencing today (the “International Offering”), and dual-primary listing of its Class B ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) under the stock code “2525”.
