Articles from Hesai Group

Quarterly net revenues were RMB539.4 million (US$76.9 million)1 Quarterly lidar shipments were 134,208 units

- Earnings Call Scheduled for 8:00 PM ET on November 25, 2024 -

Quarterly net revenues were RMB458.9 million (US$63.1 million)1Quarterly lidar shipments were 86,526 units

SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today released its inaugural Environmental, Social and Governance (ESG) Report (the “Report”). The Report details the Company’s strategy and outstanding achievements in ESG performance in 2023, as well as its progress toward its longstanding ESG goals for sustainable development.

- Earnings Call Scheduled for 9:00 PM ET on August 19, 2024 -

Quarterly net revenues were RMB359.1 million (US$49.7 million)1Quarterly lidar shipments were 59,101 units

- Earnings Call Scheduled for 9:00 PM ET on May 20, 2024 -

SHANGHAI, China, April 25, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC's website at https://www.sec.gov and on Hesai's investor relations website at https://investor.hesaitech.com.

Quarterly net revenues were RMB561.2 million (US$79.0 million),1 an increase of 37.1% year-over-yearQuarterly lidar shipments were 87,7362 units, an increase of 84.6% year-over-yearFull Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-yearFull Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year

- Earnings Call Scheduled for 9:00 PM ET on March 11, 2024 -

PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hesai Technology Co., Ltd. (Nasdaq: HSAI) (“Hesai” or the “Company”) today responded to the Company’s inclusion on the U.S. Department of Defense’s (DoD) list of “Chinese Military Companies Operating in the United States.”

SHANGHAI, China, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced certain preliminary, unaudited financial and operating results for the fourth quarter and full year 2023. These results are unaudited, subject to the completion of the Company’s year-end financial reporting processes, reviews, audit, and potential adjustments that might result therefrom.

PALO ALTO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hesai Technology, the global leader in lidar sensor technology for both automotive and industrial applications, responded to numerous false allegations made about the company and its technology in a letter from the House of Representatives Select Committee on the Chinese Communist Party released on November 28, 2023.

Quarterly net revenues were RMB445.6 million (US$61.1 million),1 an increase of 33.5% year-over-yearQuarterly lidar shipments were 47,4402 units, an increase of 125.5% year-over-year

Hesai Statement Correcting Misleading and False Allegations about the Company

- Earnings Call Scheduled for 8:00 p.m. ET on November 13, 2023 -

PALO ALTO, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: “HSAI”), the global leader in three-dimensional light detection and ranging (“lidar”) solutions, in response to recent inaccurate and misleading information in the market, issued this statement setting the record straight about the Company’s intellectual property assets and record of innovation, data security, and ownership, funding, and management.

PALO ALTO, Calif., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (“LiDAR”) solutions, today announced positive developments in its patent infringement lawsuit against Ouster, Inc. (“Ouster”).  

Quarterly net revenues were RMB440.3 million (US$60.7 million)1, an increase of 108.5% year-over-yearQuarterly LiDAR shipments were 52,1062 units, an increase of 946.5% year-over-year

Earnings Call Scheduled for 9:00 p.m. ET on August 14, 2023

Quarterly net revenues were RMB429.9 million (US$62.6 million)1, an increase of 73.0% year-over-yearQuarterly LiDAR shipments were 34,8342 units, an increase of 402.9% year-over-year

- Earnings Call Scheduled for 9:00 p.m. ET on May 23, 2023 -

SHANGHAI, China, April 20, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (the "SEC") on April 20, 2023. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC's website at https://www.sec.gov and on Hesai Group's investor relations website at https://investor.hesaitech.com.

SHANGHAI, China, April 17, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today released the following statement regarding the patent infringement lawsuits recently filed by Ouster, Inc. (“Ouster”) with the U.S. International Trade Commission and the U.S. District Court for the District of Delaware.

Quarterly Net revenues were RMB409.2 million (US$59.3 million)1, an increase of 56.6% year-over-yearQuarterly LiDAR shipments were 47,5152 units, an increase of 739.2% year-over-yearFull Year 2022 Net revenues were RMB1,202.7 million (US$174.4 million), an increase of 66.9% year-over-yearFull Year 2022 LiDAR shipments were 80,462 units, an increase of 467.5% year-over-year

- Earnings Call Scheduled for 9:00 p.m. ET on March 15, 2023 -

SHANGHAI, China, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQHSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced the pricing of its initial public offering of 10.0 million American Depositary Shares (“ADSs”), at US$19.00 per ADS, for a total offering size of US$190.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents one Class B ordinary share of the Company. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Select Market today under the ticker symbol “HSAI.” The offering is expected to close on February 13, 2023, subject to customary closing conditions.