Hesai(US:HSAI) Globenewswireยท2025-07-14 10:47Core Viewpoint - Hesai Group has filed a Notice of Appeal to challenge a U.S. District Court ruling that upheld the Department of Defense's designation of the company under the National Defense Authorization Act, asserting that the ruling lacks factual and legal basis [1][2]. Company Overview - Hesai Group is a global leader in lidar solutions, providing products for various applications including passenger and commercial vehicles, autonomous driving, and robotics [5]. - The company integrates in-house manufacturing with lidar R&D and design, ensuring rapid product iteration and high performance [5]. - Hesai has established offices in Shanghai, Palo Alto, and Stuttgart, serving customers in over 40 countries [5]. Legal Context - The District Court's ruling was based on the geographic location of Hesai's R&D centers and the theoretical military applications of lidar technology, rather than any evidence of military use or connection to the Chinese military [3]. - The company has consistently maintained that it has never developed or supplied products for military use, focusing solely on civilian and commercial applications [4]. Company Response - The CEO of Hesai expressed disappointment with the District Court's ruling and emphasized the company's commitment to defending its reputation and pursuing legal remedies [2][4]. - Hesai remains focused on delivering advanced lidar solutions and maintaining transparency and good corporate governance as a Nasdaq-listed entity [4].