Hesai Technology is a Physical AI infrastructure company. With a product portfolio spanning lidar, Kosmo spatial intelligence platform, and robotic actuation modules, Hesai is the only company in the industry covering the full robotics chain of "see, understand, and act" while achieving commercialization at scale. Leveraging full-stack proprietary ASIC capabilities and an integrated R&D-manufacturing approach, Hesai has established industry-leading positions across core physical AI domains, including autonomous mobility, spatial intelligence, embodied AI, and commercial robots, and holds a leading share of the global lidar market. Hesai has established offices in Shanghai, Palo Alto, and Stuttgart, and operates in-house factories in China and Thailand, 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.