Core Viewpoint - Hesai Technology's stock has significantly declined since its IPO, with a current price of 119.10 HKD, marking a 9.015% drop and a total decline of 44.03% since listing [1] Group 1: Stock Performance - The stock reached an all-time low of 116.30 HKD today, which is the lowest since its listing [1] - The final IPO price was set at 212.80 HKD, with a maximum public offering price of 228.00 HKD [3] - The total amount raised during the global offering was 4,160.24 million HKD, with a net amount of 4,005.25 million HKD after expenses [3] Group 2: Use of Proceeds - Approximately 50% of the net proceeds from the offering is planned for research and development investments [3] - About 35% (or approximately 1,297.1 million HKD) is allocated for production capacity investments to ensure the delivery of high-performance products [3] - 5% of the net proceeds is expected to be used for business development to accelerate expansion [3] - The remaining 10% is designated for working capital and general corporate purposes to support operations and growth [3] Group 3: Key Investors - HHLRA is identified as the largest cornerstone investor in Hesai Technology, with an investment of 50.0 million USD based on the indicative offer price [4] - Other significant investors include Taikang Life (28.0 million USD), WT Asset Management (30.0 million USD), Grab Inc. (10.0 million USD), Hongda Group (20.0 million USD), and Commando Global Fund (10.0 million USD) [4]
港股破发股禾赛科技跌9.02% 上市累计跌44%高瓴浮亏