Hesai Technology is a global leader in lidar solutions. The company’s lidar products enable a broad spectrum of applications including passenger and commercial vehicles ("ADAS"), as well as autonomous driving vehicles and robotics and other non-automotive applications such as last-mile delivery robots and AGVs ("Robotics"). Hesai seamlessly integrates its in-house manufacturing process with lidar R&D and design, enabling rapid product iteration while ensuring high performance, high quality and affordability. The company’s commercially validated solutions are backed by superior R&D capabilities across optics, mechanics, and electronics. Hesai has established offices in Shanghai, Palo Alto and Stuttgart, with customers spanning more than 40 countries.
10th Floor, Building A, No.658 Zhaohua Rd.,
Changning District, Shanghai 200050
People’s Republic of China
Hesai’s fiscal year ends on December 31.
Hesai’s American Depositary Shares have been listed on the Nasdaq Global Select Market since February 9, 2023, under the symbol “HSAI”.
On September 16, 2025, Hesai successfully completed its Dual Primary Listing on the Main Board of the Hong Kong Stock Exchange, stock code: 2525.HK.
Each ADS of Hesai represents one of its Class B ordinary shares.
Annual reports will be available via this website. All SEC and HKEX documents are also accessible online through the SEC and HKEX Filings page respectively.
Deloitte Touche Tohmatsu Certified Public Accountants LLP
Skadden, Arps, Slate, Meagher & Flom LLP
Deutsche Bank Trust Company Americas
Hesai
Capital Markets Department
E-mail: ir@hesaitech.com
Christensen Advisory
Tel: +86-10-5900-1548
E-mail: hesai@christensencomms.com
Our U.S.-listed ADSs and Hong Kong-listed ordinary shares are fully fungible and can be converted in both directions. The conversion between U.S.-listed ADSs and Hong Kong-listed shares, in either direction, will generally require two business days to complete electronically under normal circumstances.
This is consistent with the conversion mechanics for other U.S. and Hong Kong-listed shares. Please reach out to your brokers for further information on procedures and costs for conversion between Hong Kong shares and ADSs.