Recent Updates — HSIGF

Hesai Group announced a share subdivision effective July 10, 2026, including corresponding adjustments to outstanding share options and Restricted Stock Units (RSUs). The company operates in the technology industry and develops LiDAR sensors for autonomous driving and robotics.

Hesai Group implemented a 1-to-8 share subdivision of its Class A and Class B ordinary shares effective July 10, 2026. The company's authorized share capital is now US$100,000 divided into 8,000,000,000 ordinary shares with a par value of US$0.0000125 each. Simultaneously, the company adjusted its American Depositary Share (ADS) ratio so that each ADS now represents eight Class B ordinary shares, up from one. Because the ADS ratio change was proportionate to the share subdivision, the total number of outstanding ADSs remains unchanged. Hesai Group operates in the technology industry and develops LiDAR sensors for autonomous driving and robotics.