香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 承董事會命 禾賽科技 董事會主席、執行董事兼首席執行官 李一帆博士 香港，2026年1月19日 為符合資格出席A類股東大會、B類股東大會及股東特別大會並於會上投票，就 直接於本公司開曼群島股東名冊登記持有A類普通股及╱或B類普通股的人士而 言，須確保將所有有效的股份過戶文件連同有關股票於開曼群島時間2026年2月 1日（星期日）下午6時正前（因開曼群島與香港時差所致）送達本公司於開曼群島 的主要股份過戶登記處Maples Fund Services (Cayman) Limited，地址為PO Box 1093, Boundary Hall, Cricket Square, Grand Cayman, KY1-1102, Cayman Islands； 而就直接於本公司香港股東名冊登記持有B類普通股的人士而言，須確保將所有 有效的股份過戶文件連同有關股票於同期間內（即香港時間2026年2月2日（星期 一） ...

来源：新浪港股 据央视财经报道，随着车辆自动驾驶能力不断演进，相关产业链近年来也持续保持较高增速。其中，用 于测距的激光雷达作为关键硬件之一，出货量不断走高。 据华创证券，展望未来，受益于L2+/L3/L4法规逐步落地，激光雷达渗透率有望持续提升；而价格端， 当前单颗激光雷达价格下行空间有限，叠加高性能、多颗的方案有望成为趋势，车载激光雷达市场规模 有望快速扩容。该行预计2030/2035年全球车载激光雷达市场规模有望达90/148亿美元。 禾赛-W（02525）早盘一度涨超7%，午后股价上涨5.64%，现报224.80港元，成交额1.88亿港元。 ...

每经AI快讯，禾赛-W(02525.HK)涨超7%，截至发稿涨7.42%，报228.6港元，成交额1.64亿港元。 ...

禾赛-W(02525)涨超7%，截至发稿，涨7.42%，报228.6港元，成交额1.64亿港元。 消息面上，据央视财经报道，随着车辆自动驾驶能力不断演进，相关产业链近年来也持续保持较高增 速。其中，用于测距的激光雷达作为关键硬件之一，出货量不断走高。据华创证券，展望未来，受益于 L2+/L3/L4法规逐步落地，激光雷达渗透率有望持续提升；而价格端，当前单颗激光雷达价格下行空间 有限，叠加高性能、多颗的方案有望成为趋势，车载激光雷达市场规模有望快速扩容。该行预计 2030/2035年全球车载激光雷达市场规模有望达90/148亿美元。 值得关注的是，近期在美国拉斯维加斯国际消费类电子产品展CES2026上，禾赛宣布，为满足ADAS及 机器人领域日益增长的激光雷达需求，公司规划年产能将由2025年的200万台提升至2026年的400万台， 实现翻倍增长。另外，禾赛此前宣布，已被英伟达选定为"NVIDIA DRIVE AGX Hyperion10平台"的激 光雷达合作伙伴。 ...

值得关注的是，近期在美国拉斯维加斯国际消费类电子产品展CES 2026上，禾赛宣布，为满足ADAS及 机器人领域日益增长的激光雷达需求，公司规划年产能将由2025年的200万台提升至2026年的400万台， 实现翻倍增长。另外，禾赛此前宣布，已被英伟达选定为"NVIDIA DRIVE AGX Hyperion 10平台"的激 光雷达合作伙伴。 智通财经APP获悉，禾赛-W(02525)涨超7%，截至发稿，涨7.42%，报228.6港元，成交额1.64亿港元。 消息面上，据央视财经报道，随着车辆自动驾驶能力不断演进，相关产业链近年来也持续保持较高增 速。其中，用于测距的激光雷达作为关键硬件之一，出货量不断走高。据华创证券，展望未来，受益于 L2+/L3/L4法规逐步落地，激光雷达渗透率有望持续提升；而价格端，当前单颗激光雷达价格下行空间 有限，叠加高性能、多颗的方案有望成为趋势，车载激光雷达市场规模有望快速扩容。该行预计 2030/2035年全球车载激光雷达市场规模有望达90/148亿美元。 ...

第 1 頁 共 11 頁 v 1.1.1 3. 股份分類 不同投票權架構公司普通股 股份類別 其他類別 (請註明) 於香港聯交所上市 (註1) 否 | 證券代號 (如上市) | 02525 | 說明 | B類普通股 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | 上月底結存 | | | 900,000,000 USD | | 0.0001 | USD | 90,000 | | 增加 / 減少 (-) | | | | | | USD | | | 本月底結存 | | | 900,000,000 USD | | 0.0001 | USD | 90,000 | I. 法定/註冊股本變動 1. 股份分類 不同投票權架構公司普通股 股份類別 A 於香港聯交所上市 (註1) 否 證券代號 (如上市) N/A 說明 A類普通股 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 50,000,000 USD 0.0001 USD 5,000 增加 / 減少 (-) USD ...

Core Insights - The global smart lawn mower market is on the verge of explosive growth, with a current market size estimated between $1.5 billion and $2.5 billion in 2023, projected to reach $60 billion to $100 billion by 2030, maintaining a double-digit compound annual growth rate (CAGR) [1][5]. Industry Trends - The lawn mower industry is experiencing a transformation, with Chinese tech companies evolving from traditional manufacturers to integrators and exporters of technological solutions, reshaping market dynamics [2]. - Traditional landscaping giants hold approximately 65% of the market share, but emerging tech companies are rapidly capturing market share through innovation and supply chain advantages [2]. - The demand for lawn care in mature markets like North America and Europe is driving rapid growth in the lawn mower market [5]. Technological Advancements - The core technology of lawn mowers has shifted from physical boundary solutions to boundary-less navigation technologies represented by RTK (Real-Time Kinematic), visual perception, and LiDAR, marking a significant industry turning point [5]. - The market share of boundary-less products is rapidly increasing, rising from 35% in 2024 to 65% in the first half of 2025 [5]. - The global shipment of boundary-less lawn mowers is expected to grow from 384,000 units in 2024 to 3.397 million units by 2029, with an average annual CAGR of approximately 54.7% [5]. Company Insights - Hesai Technology is a leader in the lawn mower sensor market, showcasing its advanced 3D LiDAR technology at CES 2026, with a significant number of new models featuring its sensors [9][10]. - Hesai's JT series 3D LiDAR has been delivered in over 200,000 units since its launch, providing essential data for positioning, navigation, and obstacle avoidance in autonomous mowers [12][14]. - The company plans to double its production capacity from 2 million units in 2025 to 4 million units in 2026, supported by its proven mass production capabilities [13][14]. Market Positioning - Hesai is strategically positioned in both the ADAS (Advanced Driver Assistance Systems) and robotics sectors, with over 1.6 million LiDAR units expected to be delivered in 2025, including 1.4 million for ADAS and over 200,000 for robotics [14]. - The company has secured production contracts with 24 OEMs for over 120 vehicle models, indicating strong market demand and growth potential [14]. - The stock of Hesai has seen a significant increase, rising 20% in a week, reflecting positive market sentiment regarding its growth prospects [16].

Group 1 - The core viewpoint of the articles highlights significant movements in the stock market, particularly in Hong Kong and the US, driven by various company announcements and market trends [1][2][3][5][6][7][8]. Group 2 - 万国数据-SW (09698) saw a rise of over 3.6% following the announcement of a successful C-round financing of $2 billion for its international business platform DayOne [1]. - 智谱 (02513) experienced a surge of over 24% on its second day of trading, becoming the first global large model stock listed on the Hong Kong Stock Exchange [1]. - 禾赛-W (02525) increased by over 3% after showcasing its latest lidar technology at CES 2026, along with updates on delivery volume and strategic partnerships [1]. - Lithium battery concept stocks rose, with 中创新航 (03931) up 4.74%, as the Ministry of Industry and Information Technology announced a meeting to regulate the battery industry [1]. - 快手-W (01024) gained over 2.3% as Goldman Sachs projected that its AI model upgrades would enhance overseas user recognition and revenue [2]. - 佳鑫国际资源 (03858) rose over 5.4% after announcing a mining service procurement agreement worth approximately 2.27 billion HKD [2]. - Gold stocks generally increased, with 山东黄金 (01787) up 6.01%, driven by geopolitical risks and expectations of interest rate cuts supporting gold prices [2]. - 九方智投控股 (09636) rose over 5.6% following the announcement of acquiring JF Financial Company Limited [3]. - 凌雄科技 (02436) surged by over 96.85%, with expectations of significant market penetration in the DaaS sector over the next five years [3]. - 理士国际 (00842) plummeted over 60% after announcing a plan to split and list on the US stock market [3]. - Buda Juice (BUDA.US) debuted on the US market with an 8.13% increase, focusing on fresh juice and health drinks [5]. - 虎牙 (HUYA.US) reached a five-and-a-half-month high, rising 14.47% after the successful launch of a new mobile game [5]. - Applied Digital (APLD.US) led gains in the crypto mining sector with a 250% year-over-year revenue increase [5]. - Critical Metals (CRML.US) saw a near 10% rise but later fell, having gained over 110% in the first five trading days of the year [6]. - 哔哩哔哩 (BILI.US) rose 6.51% as Morgan Stanley noted stable ad performance despite uncertain gaming prospects [6]. - Storage stocks fell, with SanDisk (SNDK.US) down 5.38%, amid concerns over the sustainability of AI-related capital expenditures [6]. - The space sector saw gains, with L3Harris Technologies (LHX.US) up 5.16% after a strategic sale [7]. - Chip stocks declined, with NVIDIA (NVDA.US) down 2.15%, reflecting broader market concerns [7]. - Precious metals stocks fell, with significant drops in silver and gold prices due to liquidity shocks [8].

Group 1 - The core viewpoint of the article highlights the positive market response to Hesai-W's stock, which saw an increase of 2.78% to HKD 214.40, with a trading volume of HKD 88.27 million [1][3]. - According to a report from CICC, Hesai-W showcased its latest lidar technology at CES 2026, updating its delivery volume, production capacity plans, and strategic partnerships [5]. - The company is leading the industry in mass production and delivery capabilities, with steady progress in domestic and international production capacity [5]. - The approval of L3 vehicle models by the Ministry of Industry and Information Technology is expected to increase the number of lidar units per vehicle [5]. - The next wave of physical AI, including Robotaxi and robotics, positions lidar as a critical engine for growth [5].

值得一提的是，英伟达CEO黄仁勋在CES2026发布自动驾驶的开源VLA(视觉-语言-动作)大模型平台 Alpamayo。东方证券认为，随着英伟达自动驾驶生态持续拓展、高级别自动驾驶及Robotaxi渗透率逐步 提升，预计智驾芯片、激光雷达、域控制器、线控制动/转向等高级别自动驾驶相关零部件需求将迎来 快速增长，自动驾驶软硬件供应商将持续迎来发展机遇。 禾赛-W(02525)涨超3%，截至发稿，涨2.88%，报214.6港元，成交额5883.81万港元。 消息面上，中金研报指出，禾赛-W本月在CES2026上展示最新激光雷达技术成果，并更新交付量、产 能规划、战略合作等经营情况。量产交付能力领先行业；国内外产能稳步推进。L3车型获工信部准入 许可，激光雷达单车数量有望提升。Robotaxi、机械人等下一代物理AI浪潮袭来，激光雷达成关键引 擎。 ...