Core Viewpoint - Hesai Technology, a leading global lidar company, has completed its listing process in Hong Kong, aiming to issue up to 51.2362 million shares [2] Group 1: Company Overview - Founded in 2014, Hesai Technology focuses on the research and manufacturing of lidar technology, with a strong global patent portfolio [2] - The company has established itself as a leader in the lidar market, with significant market validation and leading global shipment volumes [2] Group 2: Market Trends - The penetration of electric vehicles is increasing, and lidar is becoming a standard safety feature in smart cars [2] - According to a report by the Automotive Research Institute, the domestic lidar installation volume is expected to exceed 1.5 million units in 2024, a year-on-year increase of 179.7% [2] Group 3: Business Performance - In Q2 2023, Hesai delivered 352,000 lidar units, a year-on-year increase of 306.9%, with ADAS product deliveries reaching 304,000 units, up 275.8% [3] - The company reported Q2 revenue of 706 million yuan, a year-on-year growth of 53.9%, and a net profit of 44.1 million yuan, marking a return to profitability [3] Group 4: Strategic Partnerships - Hesai has secured partnerships with 12 major domestic automakers, including BYD and Chery, for multiple vehicle models, with mass production set to begin in Q1 2025 [3] - The company has established production partnerships with 24 domestic and international automotive manufacturers, with recent additions of 9 major automakers [3] Group 5: Future Outlook - Analysts believe that lidar will become a standard feature in intelligent driving, with strong support for revenue growth from deep collaborations with key customers [4] - The robotics sector is expected to become a second growth curve for the company, with increasing lidar penetration in various robotic applications [4]
激光雷达龙头 开赴港股IPO｜港美股看台
Zheng Quan Shi Bao·2025-08-27 12:10