Hesai(US:HSAI) IPO早知道·2026-01-06 01:19Core Insights - Hesai Technology (NASDAQ: HSAI; HKEX: 2525) is the first company globally to achieve an annual production of over 1 million units and cumulative deliveries exceeding 2 million units of LiDAR technology [3][5] - The company plans to increase its annual production capacity from 2 million units in 2025 to 4 million units in 2026, indicating a doubling of production [3][5] - The new factory in Bangkok, Thailand, named "Galileo," is under construction and is expected to commence operations in early 2027, which will enhance global production capacity [7][8] Production and Delivery Achievements - In 2025, Hesai's total delivery volume is projected to exceed 1.6 million units, with a monthly peak delivery of over 200,000 units [3] - The company has achieved a consistent doubling of annual delivery volume for five consecutive years, with approximately 1.4 million units delivered in ADAS products and over 200,000 units in robotics products in 2025 [3] - The ATX product line achieved over 1 million units delivered in its first year, contributing to a historical cumulative delivery of over 2.4 million units across all LiDAR products [3] Manufacturing Capabilities - Hesai's strong self-research and manufacturing capabilities underpin its ambitious production capacity plans, supported by a comprehensive center integrating R&D and manufacturing [5] - The company has developed four generations of dedicated ASIC chips, enabling rapid product iteration, high reliability, and scalable production capabilities [5] - The fully automated production line can produce one LiDAR unit every 10 seconds, ensuring high consistency and stability in large-scale production [5]