加车 车中旭霞 新财富、水晶球、第一财经等最佳分析师上榜团队 � 智能化月报系列 车中旭霞 汽车智能化月报： 《国信汽车-汽车智能化月报系列（二十七）：尚界H5搭载HUAWEI ADS 4辅助驾驶系统，地平线HSD首搭奇瑞星途E05》 ——20250827 《国信汽车-汽车智能化月报系列（二十六）：汽车智能化月报系列二十六 - 上海新一批智能网联汽车示范运营牌照7月26日 发放，Robotaxi商业化落地加速》——20250728 《国信汽车-汽车智能化月报系列（二十五）： 特斯拉即将启动Robotaxi试运营，小鹏G7搭载图灵AI芯片和AR-HUD 》—— 20250620 《国信汽车-汽车智能化月报系列（二十四）： 特斯拉将于6月推出自动驾驶出租车，小米YU7全系标配激光雷达和PHUD》 ——20250525 《国信汽车-汽车智能化月报系列（二十三）： 2025款小鹏X9全系标配图灵AI智驾，地平线发布L2城区辅助驾驶系统HSD》 ——20250421 《国信汽车-汽车智能化月报系列（二十二）： 城区驾驶辅助功能渗透率1月达9%，理想汽车发布下一代自动驾驶架构 MindVLA》——20250330 《国信 ...

据介绍，在ADAS领域，禾赛激光雷达已成为辅助驾驶的安全标配，助力多款爆款车型上市。近期，公 司再获9家头部车企的20款车型定点，计划于2025年-2026年陆续交付，核心客户包括禾赛Top 2客户之 一、吉利、长城汽车（601633）、长安汽车等头部车企。 2025年4月，禾赛科技作为牵头单位及第一起草单位主持编制的《车载激光雷达国家标准GB/T 45500- 2025》正式发布并实施。作为我国车载激光雷达领域的首个国家级标准，该标准由禾赛携手50多家合作 伙伴共同编制，规定了车载激光雷达的性能、可靠性要求及试验测试方法，以填补行业空白，树立安全 标杆。 作为赋能机器人移动的最佳传感器，激光雷达在机器人领域正在迅速规模放量，已成为禾赛的第二增长 引擎。截至二季度末，禾赛JT系列发布不到5个月累计交付就突破10万台，创全球最快记录，成为全球 头部割草机器人厂商的首选。近期，禾赛科技还与国内首家消费级具身智能公司Vbot维他动力和清华系 具身智能创企星动纪元正式宣布达成深度合作，共同探索具身智能的新场景、新应用与新体验。 "中国激光雷达第一股"禾赛科技正式启动双重上市布局。8月26日，中国证监会国际合作司为其出 ...

Group 1 - The core point of the article is that Hesai Technology (HSAI), a leading global lidar manufacturer, plans to raise approximately $300 million through a listing in Hong Kong, targeting to be listed on the Hong Kong Stock Exchange within the year [1] - In February 2023, Hesai Technology successfully went public on NASDAQ under the ticker "HSAI," raising about $190 million by issuing 10 million ADS at a price of $19 each [1] - The China Securities Regulatory Commission has issued a notice regarding Hesai Technology's overseas issuance and listing, with plans to issue no more than 51,236,200 shares of ordinary stock for the Hong Kong listing [5] Group 2 - According to Yole Group's report, Hesai Technology holds three global leadership positions in the automotive lidar market: the highest market share in automotive lidar, ADAS lidar, and L4 autonomous driving lidar [4] - As of April 2023, Hesai Technology has established production partnerships with over 22 domestic and international automakers, covering more than 120 vehicle models, including major brands like BYD, Li Auto, and Xiaomi [4] - In Q2 2025, Hesai Technology reported revenue of 710 million RMB, a year-on-year increase of over 50%, and a net profit exceeding 40 million RMB, surpassing GAAP profitability targets [4]

Group 1 - The core point of the news is that Hesai Technology is planning to issue up to 51.2362 million ordinary shares and list on the Hong Kong Stock Exchange, following its NASDAQ listing in 2023, indicating a move towards further financing and liquidity in the capital markets [1] - Since its establishment in 2014, Hesai Technology has been a representative enterprise in the domestic LiDAR sector, focusing on products for autonomous driving and advanced driver-assistance systems (ADAS), and has extended its applications to robotics and industrial scenarios [1][2] - In Q2 2025, Hesai reported revenue of 706.4 million yuan, a year-on-year increase of 53.9%, and achieved a net profit of 44.1 million yuan, marking its first quarterly profit and indicating a shift from technology validation to industrialization in the LiDAR market [2] Group 2 - The decision to pursue a Hong Kong listing reflects a diversification strategy in capital markets and a desire for financing and valuation recovery, as the U.S. capital market has shown significant pricing volatility for Chinese tech stocks [2][3] - The move by Hesai to seek a Hong Kong listing is seen as a sign of the LiDAR industry entering a new expansion cycle after a period of capital constraints, as demand uncertainty and cost pressures had previously affected the supply chain [2][3] - The successful filing for overseas listing by Hesai indicates a shift in the regulatory environment, with the China Securities Regulatory Commission implementing a filing system for overseas listings, which supports the international financing of key technology companies in the smart automotive industry [3]

美股齐涨 美国股市周二收高，标普500指数在英伟达与礼来股价上涨的带动下走强。尽管美国总统特朗普宣布解 雇美联储理事丽莎·库克的决定引发市场对央行独立性的忧虑，但投资者更聚焦于即将到来的降息预期 与企业财报。 编辑 | 七三 截至收盘，标普500指数上涨0.41%，收于6465.94点，距离8月14日创下的收盘纪录仅一步之遥，纳斯达 克综合指数上涨0.44%，报21544.27点，道琼斯工业平均指数上涨0.30%，报45418.07点。标普500指数 11个板块中有7个上涨，工业板块领涨1.03%，金融板块紧随其后上涨0.76%。 大型科技股多数收高，特斯拉涨1.5%，苹果上涨0.95%，亚马逊涨0.34%，Meta涨0.11%，微软和谷歌A 则小幅回落。在周三公布季度业绩之前，英伟达上涨1.1%，市值继续支撑美股整体走势。投资者关注 其业绩能否维持人工智能相关股票的涨势。若业绩不及预期，市场担心AI概念股或出现回调。AMD收 涨2%，因券商Truist Securities将评级由"持有"上调至"买入"。 制药股方面，礼来大涨5.9%，此前公司称其试验性药片使糖尿病患者体重平均减轻10.5%。消息推动投 资 ...

Core Viewpoint - Hesai Group is expected to become the first company to complete an IPO in Hong Kong through the "Specialized Technology Company Route," with the potential for listing as early as this year [2]. Group 1: IPO and Regulatory Developments - The China Securities Regulatory Commission approved the overseas listing application for Hesai Group on August 19, indicating a significant step towards its IPO [2]. - The "Specialized Technology Company Route" was launched by the Hong Kong Stock Exchange to facilitate the listing of specialized technology and biotech companies, allowing them to submit applications confidentially [2][3]. Group 2: Financial Performance - In Q2, Hesai achieved revenue of 710 million RMB, representing a year-on-year growth of over 50%, with net profit exceeding 40 million RMB, surpassing GAAP profitability targets [3]. - The total delivery of Hesai's LiDAR units reached 352,095 in Q2, marking a year-on-year increase of 306.9% [3]. - For the first half of the year, total LiDAR deliveries amounted to 547,913 units, reflecting a year-on-year growth of 276.2%, exceeding the total expected for 2024 [3][4]. Group 3: Market Position and Partnerships - "Hesai Inside" has become a recognized brand in the domestic ADAS sector, with recent contracts secured for 20 models from nine leading automotive companies, scheduled for delivery between 2025 and 2026 [3]. - Hesai has entered the C-sample stage with top European automotive manufacturers, with mass production plans set for 2026 [4]. - The company has also secured a new contract with a joint venture of Toyota, one of the largest automotive manufacturers globally, for mass production in 2026 [4]. Group 4: Industry Standards and Innovations - In April, Hesai led the drafting of the national standard for vehicle-mounted LiDAR, GB/T 45500-2025, which has been officially released and implemented, establishing performance and reliability benchmarks for the industry [4].

美东时间8月26日（周二），美股收高，市场关注美联储独立性等问题；英伟达将在周三盘后发布最新季报；苹果将在9月9日举行发布会，推出iPhone17 系列产品和升级版手表。原油在连涨四天后回落。 美股收高 特朗普与美联储库克"斗争"加剧 截至收盘，道指涨0.3%，报45418.07点，标普500指数涨0.41%，报6465.94点，纳指涨0.44%，报21544.27点。 美国总统特朗普发布致美联储理事库克的信称，解除其美联储理事的职务，立即生效。特朗普在信中提及抵押贷款相关指控，称有充分理由解除库克的职 务。 库克表示，特朗普无权将她从美联储解雇，她也不会辞职。此外，库克的律师称，库克将起诉特朗普，质疑他提出解雇指令的合法性。根据法律规定，总 统仅可"依据正当理由"罢免美联储理事。 【导读】美股收高，原油回落，美国将对印度征收50%关税 大型科技股多数上涨，特斯拉涨逾1%，英伟达涨超1%，苹果涨近1%，亚马逊涨0.34%，脸书涨0.11%；微软跌0.44%，谷歌跌0.65%。 Saxo Banque France交易主管Andrea Tueni称："虽然市场对美联储独立性的质疑令人担忧，但市场真正关注的还是9 ...

其他市场方面，国际油价大幅下跌，截至收盘，NYMEX WTI原油、ICE布油双双跌超2%。 多只中概股表现强势。 当地时间周二（8月26日），美国股市三大股指集体上涨。截至收盘，道琼斯工业指数涨0.3%，标准普尔500指数涨0.41%，纳斯达克综合指数涨0.44%。 中概股表现相对更为强劲，纳斯达克中国金龙指数涨0.73%。个股方面，禾赛科技表现抢眼，收盘暴涨逾14%；蔚来涨超10%，小牛电动涨逾9%，趣店涨逾 6%，小鹏汽车涨逾5%。 美股三大股指收涨 当地时间周二（8月26日），美国股市三大股指均上涨，盘中一度表现疲弱，但尾盘均出现小幅拉升，截至收盘，道琼斯工业指数涨0.3%，报45418.07点， 标准普尔500指数涨0.41%，报6465.94点，纳斯达克综合指数涨0.44%，报21544.27点。 一、你公司拟发行不超过51,236,200股境外上市普通股并在香港联合交易所上市。 美股大型科技股多数上涨，其中特斯拉、英伟达均涨超1%，苹果涨近1%，亚马逊涨0.34%，Meta涨0.11%，微软跌0.44%，谷歌跌0.65%。 银行股集体上涨，摩根大通、高盛、美国银行、富国银行均涨逾1%，摩根士丹利涨 ...

8月26日晚间，美股三大指数小幅低开。 中国资产拉升，纳斯达克中国金龙指数涨超1%。新能源汽车中概股盘初走高，蔚来涨超10%，小鹏汽车涨超6%。亚朵涨超7%，禾赛科技涨近6%，贝壳 涨超4%，阿里巴巴涨逾1%。 | | 分时 多日 1分 5分 ▼ F9 盘前盘后 叠加 九转 画线 工具 Q (2) > | | 尉来 | | NIO | | --- | --- | --- | --- | --- | --- | | | NIO[蔚来] 10:23 价 6.755 涨跌 0.665(10.92%) 均价 6.660 | 成交量 68.057 | 6.758 | | 48.109(CNY) | | 6.830 | Win.d 人气榜 第 6名 | 12 5% | | | +0.668 +10.97% | | Call of the Province | | | NYSE USD 10:23:56 交易中 | | 1 . . + | | 6.583 | | 8.10% | 港(9866) | | 49.540(-6.00%) H/U -5.96% | | | | | 盘前价 | 6.390 涨幅ª | 4.93% | ...

来源：格隆汇APP 格隆汇8月26日｜禾赛(HSAI.US)盘前直线拉升，现涨近6%。消息面上，禾赛科技港股IPO获中国证监会 备案。 ...