Hesai Group

Earnings data Q4 2022

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Hesai Group excels in Q4, eyes global expansion and margin growth

Hesai Group's strong Q4 performance and successful IPO reflect robust growth and market acceptance.
Challenges ahead include margin pressures from increased ADAS sales and potential slowdown in Q1 ADAS units.
Opportunities lie in securing global OEM deals, expanding market presence, and shifting revenue split towards ADAS.
Overall, Hesai Group is well-positioned for growth with strategic partnerships and innovative LiDAR product offerings.

Hesai Group reports record revenue growth and navigates LiDAR challenges

Hesai Group's Q1 2023 performance reflects strong revenue growth and market leadership in LiDAR technology, with a positive outlook for increased shipments and product innovation.
Challenges include pricing pressures from declining ASP, evolving EV competition impacting feature integration, and the need to balance innovation with product longevity.
Opportunities lie in leveraging LiDAR for competitive advantage, expanding market presence in China's EV sector, and advancing R&D for enhanced product performance and cost efficiency.

Hesai Group reports record Q2 earnings, eyes market leadership

Hesai Group's Q2 2023 performance reflects exceptional growth in revenues and LiDAR shipments, positioning the company as a market leader.
While facing short-term margin pressure and OEM scrutiny, Hesai's strategic partnerships and product enhancements present significant growth opportunities.
Anticipated growth in shipments, stable gross margins, and a focus on safety standards underscore Hesai's strong market position and future potential.

Hesai Group excels in Q3, eyes global expansion and tech innovation

Hesai Group's Q3 performance exceeded expectations with strong revenue growth and margin maintenance.
The company's focus on innovation, partnerships, and quality positions it well for future growth.
Challenges in price competition and OpEx increase are being addressed strategically.
Opportunities lie in expanding margins, advanced technology adoption, and global market expansion.

Hesai Group reports strong Q4 earnings, eyes global LiDAR growth

Hesai Group's Q4 2023 earnings call highlighted robust financial performance, key partnerships, and technological advancements in LiDAR technology. Despite challenges related to the U.S. DoD dispute, the company remains focused on achieving profitability through cost management and operational efficiency. With a focus on ADAS applications and global OEM partnerships, Hesai anticipates strong revenue growth and increased demand for its products.

Hesai Group surpasses Q1 forecasts, eyes robotaxi revenue surge

Hesai Group's Q1 2024 Earnings Call showcased strong financial performance, strategic product introductions, and key partnerships. The company aims for significant revenue growth, exceeding LiDAR shipment targets, and advancing in the autonomous driving sector. Challenges include addressing competition, optimizing costs, and scaling strategies amidst industry developments.

Hesai Group surpasses Q3 revenue targets, eyes profitability in 2024

Hesai Group's strong Q3 performance and robust LiDAR technology position it for continued growth. While facing legal challenges and operational uncertainties, the company's strategic collaborations and new product launches offer promising opportunities for expansion and revenue diversification.

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Hesai Group engages in the development, manufacture and sale of three-dimensional light detection and ranging(lidar) solutions. The company’s lidar products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets. It operates through the Light Detection and Ranging (LiDAR), and Gas Detection segments. Hesai Group was founded by Yi Fan Li, Kai Sun, and Shao Qing Xiang in October 2014 and is headquartered in Shanghai, China.

SHANGHAI, China, July 18, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced that it will report its second quarter 2023 unaudited financial results on Monday, August 14, 2023, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on August 14, 2023 (9:00 AM Beijing/Hong Kong Time on August 15, 2023).

Hesai Group to Report Second Quarter 2023 Financial Results on Monday, August 14, 2023

PALO ALTO, Calif. , July 7, 2023 /PRNewswire/ -- Hesai Technology has just announced that it has been selected to provide lidar units for several models of the SAIC Motor Commercial Vehicle Division's OEM-installed project.

Hesai Secures ADAS Lidar Design Win for Multiple New Vehicles with SAIC Motor

PALO ALTO, Calif. , June 21, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in lidar sensor solutions, is delighted to announce its work with NavVis, a global leader in reality capture and digital factory solutions.

Hesai and NavVis Join Forces to Revolutionize Reality Capture with Cutting-Edge Lidar Sensor Technology

LOS ANGELES, CA / ACCESSWIRE / June 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

LOS ANGELES , June 5, 2023 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ: HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm

NEW YORK , June 5, 2023 /PRNewswire/ -- Attention Hesai Group ("Hesai") (NASDAQ: HSAI) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of investors who purchased Hesai Group securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Hesai's February 2023 initial public offering.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Hesai Investors of a Lead Plaintiff Deadline of June 6, 2023

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 6, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI) securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with the Company's February 2023 initial public offering (“IPO”). If you are.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Hesai Group (HSAI)

LOS ANGELES, CA / ACCESSWIRE / June 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

FINAL DEADLINE TUESDAY: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

FINAL DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm

NEW YORK , June 2, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Hesai Group (NASDAQ: HSAI). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/hesai-class-action-loss-submission-form/?id=40162&from=4 This lawsuit is on behalf of investors who purchased Hesai Group securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Hesai's February 2023 initial public offering.

HSAI SHAREHOLDER ALERT: Jakubowitz Law Reminds Hesai Shareholders of a Lead Plaintiff Deadline of June 6, 2023

LOS ANGELES, CA / ACCESSWIRE / June 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

NEW YORK , June 1, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Hesai Group ("Hesai" or the "Company") (NASDAQ: HSAI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Hesai investors who were adversely affected by alleged securities fraud.

HSAI LAWSUIT ALERT: Levi & Korsinsky Notifies Hesai Group Investors of a Class Action Lawsuit and Upcoming Deadline

LOS ANGELES, CA / ACCESSWIRE / May 31, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

NEW YORK , May 31, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Hesai Group (NASDAQ: HSAI) alleging that the Company violated federal securities laws. This lawsuit is on behalf of investors who purchased Hesai Group securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Hesai's February 2023 initial public offering.Lead Plaintiff Deadline: June 6, 2023 No obligation or cost to you.

HSAI ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 6, 2023 in the Class Action Filed on Behalf of Hesai Group Shareholders

NEW YORK , May 30, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hesai Group ("Hesai" or the "Company") (NASDAQ: HSAI).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hesai Group - HSAI

LOS ANGELES, CA / ACCESSWIRE / May 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ: HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

FINAL DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ: HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm

NEW YORK , May 26, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Hesai Group (NASDAQ: HSAI) pursuant and/or traceable to Company's initial public offering conducted in February 2023 (the "IPO"), of the important June 6, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Hesai securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Hesai Group Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Initiated by the Firm - HSAI

BENSALEM, Pa. , May 26, 2023 /PRNewswire/ -- Law Offices of Howard G.

HSAI Investors Have Opportunity to Lead Hesai Group Securities Fraud Lawsuit

LOS ANGELES, CA / ACCESSWIRE / May 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm

NEW YORK , May 24, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hesai Group. Shareholders who purchased shares of HSAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Hesai Group of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 6, 2023 - (NASDAQ: HSAI)

Quarterly net revenues were RMB429.9 million (US$62.6 million) 1 , an increase of 73.0% year-over-year Quarterly LiDAR shipments were 34,834 2 units, an increase of 402.9% year-over-year

Hesai Group Reports First Quarter 2023 Unaudited Financial Results

LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Company") (NASDAQ:HSAI) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering conducted in February 2023 (the "IPO") are encouraged to contact the firm before June 6, 2023.

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm

PALO ALTO, Calif. , May 22, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in lidar solutions, and CRATUS, a software solution integrator for lidar systems, today announced a strategic alliance to develop autonomous warehouse solutions using Hesai's groundbreaking safety-rated 3D lidar, the QT128.

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