Hesai(US:HSAI) Zhong Guo Jing Ying Bao·2025-09-30 13:05Core Viewpoint - Hesai Technology (NASDAQ: HSAI; HKEX: 2525) announced on September 30 that it will deepen its collaboration with Xiaomi Auto from 2026 to 2027, continuing its role as a core strategic supplier for Xiaomi Auto [2] Group 1: Partnership and Investment - Xiaomi is both a significant business partner and a major shareholder of Hesai Technology, having led a Series D funding round in 2021 amounting to $374 million, which supported the company's technology development and market expansion [2] - Since the listing of Xiaomi Auto, Hesai Technology has been its exclusive partner for lidar technology, contributing to the launches of the SU7 and YU7 models [2] Group 2: Technology and Market Position - Lidar technology is described as providing critical three-dimensional environmental perception capabilities for smart vehicles, autonomous driving, and robotics, serving as the "robot's eye" and the "invisible airbag" for cars [2] - The company emphasizes its commitment to innovation, successfully advancing lidar technology into the mass market and transforming it into a core strength for enhancing global vehicle safety [2] Group 3: Future Outlook - Hesai Technology plans to continue supporting its partners with high-quality products to ensure user driving safety and to create a more efficient and secure all-scenario driving experience [2]