港股异动丨禾赛强势涨超7% 三日连升累涨超32% 近日连发三大核心成果

Group 1 - Hesai Technology (2525.HK) has seen a strong performance, with a stock price increase of over 32% in three consecutive trading days, significantly outperforming the Hang Seng Index which rose by 3.6% during the same period [1] - The company launched the Fermi C500, a high-performance smart control chip for LiDAR based on RISC-V architecture, and introduced the world's only photon isolation safety technology along with the upgraded ATX 256-line safety LiDAR [1] - The flagship ATX 256-line LiDAR, based on the self-developed chip platform, has a maximum detection range of 230 meters and has received over 4 million orders, with mass production planned for April 2026 [1] Group 2 - Huaxi Securities initiated coverage on Hesai with a "Buy" rating, highlighting its position as a global leader in LiDAR technology, balancing performance, quality, and cost through its self-developed ASIC technology [1] - The company has secured contracts with 22 OEMs for 120 vehicle models in the ADAS sector, ranking first in production volume, and has shipped over 20,000 units in the robotics market in a single month [1] - CICC also initiated coverage on Hesai with an "Outperform Industry" rating and a target price of HKD 182.5, noting that the company has been the top global LiDAR revenue generator from 2021 to 2024, and is expected to achieve quarterly profitability for the first time in Q4 2024 [2] - The company is projected to ship over 3 million and 10 million vehicle-mounted LiDAR units in China by 2025 and 2028, respectively, with an average annual growth rate of 58% [2]