Hesai(US:HSAI) Jin Rong Jie·2025-08-21 13:45Group 1 - The core viewpoint of the articles highlights Hesai Technology's strong financial performance and growth potential in the autonomous driving and advanced driver-assistance systems (ADAS) market [1][2] - As of June 30, 2025, Hesai's total revenue is projected to reach 1.232 billion RMB, representing a year-on-year growth of 50.58% [1] - The company's net profit attributable to shareholders is expected to be 26.537 million RMB, showing a significant year-on-year increase of 114.83% [1] Group 2 - On August 18, Hesai received a "Buy" rating from浦银国际证券 with a target price of $28 [2] - Hesai Group, registered in the Cayman Islands, operates primarily through its domestic subsidiary, Shanghai Hesai Technology Co., Ltd., which was founded in 2014 [2] - Hesai is recognized as a leading company in the global market for LiDAR technology, focusing on providing high-performance, reliable, and cost-effective 3D sensors for robotics [2] - The company has a strong research and development capability in optical, mechanical, and electronic fields, holding hundreds of patents globally [2] - Hesai's client base includes major global autonomous driving companies, top automotive manufacturers, tier-one suppliers, and robotics companies [2] - The company has secured funding from notable institutions such as Xiaomi, Meituan, Bosch, Baidu, and Hillhouse Capital [2]