S-3让公司在需要现金时能更快、更低摩擦地融资，匹配"战略项目/持续运营"的资金需求。有了已生效 的S-3，Luminar可以快速启动二次发行/增发等融资方式，包括(但不限于)underwritten takedown、 ATM(场内按市价持续小额增发)、注册直接发行(registered direct)，以及可转债、优先股、权证、单位等 多品类工具;每次出手只需在S-3规则之下递交相应的补充招股书即可。 聚焦于汽车行业激光雷达(LiDAR)的公司Luminar Technologies(LAZR.US)股价在美东时间周三的盘中交 易时段一度上涨超20%，最终周三收盘收涨7.8%。该股的成交量远高于正常成交水平，且该公司未发布 任何新的SEC文件或任何新的新闻稿来解释这次突然股价拉升，一些股票交易员因此推测该公司股票交 易可能正在发生大规模逼空行情。 一般而言，在空头仓位过于集中的情况下，如果基准股指不断被多头势力推高，那么大量的看空仓位可 能被迫进行所谓的"空头回补"，这也是就是所谓的"逼空"行情——即看多势力以不断拉动上涨力量迫使 空方不得不平仓。 自9月4日公司提交S-3生效通知以来，这只聚焦于激光雷达 ...

Core Insights - Hesai Technology (HSAI) reported significant growth in Q2 2025, achieving a revenue of 710 million RMB, a year-on-year increase of over 50%, marking five consecutive quarters of revenue growth [1] - The company turned a profit in Q2 2025, with a net profit of 44.1 million RMB, a turnaround from a net loss of 72.1 million RMB in the same period last year, indicating improved operational efficiency and cost control [1] Revenue and Profitability - In Q2 2025, Hesai's revenue reached 710 million RMB, reflecting a growth of over 50% year-on-year [1] - The company achieved a net profit of 44.1 million RMB in Q2 2025, compared to a net loss of 72.1 million RMB in the same quarter of the previous year [1] Delivery and Market Position - Hesai delivered a total of 352,095 LiDAR units in Q2 2025, representing a year-on-year increase of 306.9% [2] - The ADAS (Advanced Driver Assistance Systems) segment was the core revenue driver, with a delivery increase of 275.8%, totaling 303,600 units [2] - Hesai maintained the top market share in the automotive LiDAR sector, with a 33.0% market share in the first half of 2025, consistent with its Q1 2025 ranking [2] Industry Trends - The domestic LiDAR installation volume is projected to exceed 1.5 million units in 2024, with a year-on-year increase of 179.7%, and is expected to reach 2.5 million units in 2025 [3] - The penetration rate of LiDAR in new energy passenger vehicles reached 17% in June 2025, indicating a significant shift from "early adopters" to "early majority" [5][6] Product Development and Innovation - Hesai's ATX automotive-grade compact long-range LiDAR has gained widespread market recognition and is becoming a standard safety component in various vehicle models [8] - The company reported a remarkable increase in robot product deliveries, with 48,531 units delivered in Q2 2025, a year-on-year surge of 743.6% [8] - Hesai has established deep collaborations with companies in the robotics sector, indicating successful application of automotive-grade LiDAR technology in new fields [8] International Expansion - In H1 2025, Hesai made significant strides in international market expansion, entering the Toyota supply chain and securing new model contracts for production in 2026 [10] - The company is also advancing projects with a top European automaker, laying the groundwork for large-scale production in 2026 [10] Competitive Landscape - Hesai has been recognized as the only Chinese company to achieve multiple "global first" accolades in the LiDAR sector for four consecutive years, holding a 33% market share in the global automotive LiDAR market [10] - The global automotive LiDAR market is projected to grow to $861 million in 2024, with a year-on-year increase of 60% [10]

Group 1 - The Hang Seng Index fell by 0.61%, down 164 points, closing at 26,976 points, while the Hang Seng Tech Index dropped by 1.2% [1] - International gold prices reached a new historical high, leading to significant gains in the precious metals sector, with China Silver Group rising over 20% and Zijin Mining International increasing by over 5% [1] - Xinjiang Xinxin Mining surged over 12%, with a year-to-date increase exceeding 300%, and plans to issue A-shares [1] - Bitcoin surpassed $125,000, setting a new historical high, which positively impacted cryptocurrency-related stocks, with OK Blockchain rising over 14% and Boya Interactive increasing by over 10% [1] - Hesai Technology (Hesai-W) rose over 4%, marking the production of its one-millionth LiDAR unit by the end of September [1] - Beijing Bluebird Universe soared over 58% as its subsidiary JBD partnered with AMAT and Thunderbird Innovation to enhance AR glasses display quality [1] - Yunfeng Financial increased by over 7%, collaborating with Anthea to explore blockchain-based insurance products [1] - Dingdang Health surged by 26%, continuing to expand its innovative drug portfolio with multiple new products recently launched [1] - Shuangdeng Co. rose over 9%, driven by increased energy demand for storage solutions, being a key supplier for Alibaba's data center storage [1] Group 2 - Hua Hong Semiconductor rose over 5%, reaching a new high with an eight-day consecutive increase, as institutions noted advanced manufacturing capacity as a scarce resource [2] - Gaming stocks experienced a significant decline, with Macau's September gambling revenue growing by only 6%, falling short of expectations, and further impacted by a typhoon during the Golden Week [2] - New World Development dropped by 5.4%, while MGM China fell by 4.45% [2]

消息面上，10月3日，禾赛科技宣布，2025年度第100万台激光雷达已于9月底正式生产下线。禾赛由此 成为全球首家年产量突破百万台的激光雷达公司，迈入"年百万级"量产交付新阶段。值得注意的是，截 至2025年第二季度，禾赛科技在ADAS和机器人领域的累计交付量已超过137万台。2025年全年规划年 产能超200万台，预计年交付量120万至150万台。 智通财经APP获悉，禾赛-W(02525)早盘涨超4%，截至发稿，涨3.71%，报223.8港元，成交额7681.61万 港元。 ...

1.【乌兹别克斯坦布卡光伏项目实现全容量并网发电一次成功】10月3日，据东方电气消息，近日， 乌兹别克斯坦布卡光伏项目实现全容量并网发电一次成功，刷新乌兹同类大型光伏项目建设新纪录。 项目全面投运后，预计年发电量超5亿千瓦时，每年可节约标煤超16万吨，减少二氧化碳排放约44万 吨。（新浪财经） 2.【禾赛科技成为全球首个年产过百万的激光雷达企业】禾赛科技3日宣布，2025年度第100万台激 光雷达已于9月底正式生产下线。禾赛成为全球首个年产量突破百万台的激光雷达企业。（ 财联社） 3.【协鑫欧加登盆地LNG投产暨光储充算一体化产业集群开工】据协鑫集团消息，当地时间10月2 日，地处东非大陆欧加登盆地的埃塞俄比亚索马里州Calub营地，协鑫集团埃塞俄比亚20万方撬装液 化天然气（LNG）工厂正式投产。当日，与之毗邻的协鑫LNG液化撬装二期及天然气发电、炼油产业 等大型项目也同步奠基开工。（界面新闻） 扫码可订阅产业日报 欢迎加入 睿兽分析会员 ，解锁 AI、汽车、智能制造 等相关 行业日报、图谱和报告 等。 IX 技术企业 C - C / F + si 创投人物 投融资及收并购事件 热门产业 创新机会 P E ...

Group 1: Xiaomi - Xiaomi responded to the viral video of a car allegedly driving itself, stating that an investigation confirmed no quality issues with the vehicle, as data matched user operation logs [3] Group 2: Tesla - Elon Musk's personal wealth surpassed $500 billion, making him the first person to reach this milestone, while Tesla's "Tesla Burgers" sold 50,000 units in 70 days, indicating a successful diversification of its business model [5] - Tesla is facing a lawsuit regarding a design defect in the Cybertruck's doors, which allegedly prevented occupants from escaping during a fatal fire, leading to multiple fatalities [7] - Tesla's website code revealed a new "Model Y Standard" version, priced at $39,990, aimed at budget-conscious consumers, featuring reduced luxury options [10] Group 3: KFC - KFC's African division announced plans to publicly disclose its secret fried chicken recipe, which has been kept confidential for 54 years, consisting of 11 secret spices [5] Group 4: Blackstone - Blackstone's latest Asian acquisition fund successfully raised $10 billion, with expectations to reach a target of $12.9 billion, driven by strong investor interest in its operations in India and Japan [9] Group 5: AI Investment - AI startups attracted a record $192.7 billion in venture capital this year, with projections indicating that 2025 could see over half of all venture capital funding directed towards AI [15] Group 6: Oracle - Oracle confirmed that its e-commerce suite users received ransomware emails, indicating a significant security breach potentially linked to previously identified software vulnerabilities [7] Group 7: DeepL - AI translation platform DeepL is in preliminary discussions for an IPO in the U.S., aiming for a valuation of $5 billion, following a previous funding round that valued the company at $2 billion [10]

重要新闻提示 10月3日，全社会跨区域人员流动量预计超3亿人次，同比增长5.9% 公司新闻 1. 禾赛科技：据公司微信公众号消息，10月3日，禾赛科技宣布，公司2025年度第100万台激光雷达已于 9月底正式生产下线。禾赛成为全球首个年产量突破百万台的激光雷达企业，将以"年百万级"超大规模 量产交付能力继续引领激光雷达行业标准。 2. 渣打集团：10月3日在港交所发布公告称，10月2日在伦交所等交易所斥资约737万英镑回购股份约 50.59万股，每股回购价在14.4至14.79英镑。 3. 海螺创业：10月3日在港交所发布公告称，公司近日接获公司执行董事汪学森通知，由于家庭财产分 配安排，汪学森已将公司188万股股份以馈赠方式转让予女儿。交易后，汪学森将继续持有约32万股股 份。 截至10月3日19时16分，2025年国庆档档期票房已破9亿元 禾赛科技：激光雷达年产量已突破百万台 财经新闻 1. 据商务部网站10月3日消息，商务部新闻发言人就墨西哥近日连续对我发起多起反倾销调查答记者 问。商务部回应！ 2. 中国信息通信研究院日前发布的数据显示，2024年我国人工智能产业规模已超9000亿元，同比增长 24% ...

Company Movements - Xiaomi responded to a video showing a car moving on its own, confirming that vehicle data and operation logs matched, ruling out quality issues [7] - On October 3, Gaode announced that its street-sweeping feature gained over 400 million users within 23 days, with a 300% increase in traffic for "Yanhua Xiaodian" and a 150% year-on-year increase in local dining orders [7] - Hesai Technology announced the production of its 1 millionth lidar unit by the end of September 2025, becoming the first company globally to achieve this annual production milestone [7] - OpenAI addressed recent harassment claims from Elon Musk, stating it does not seek any commercial secrets and will protect its employees from intimidation [7] Industry Trends - The retail sector in Guangdong is undergoing a transformation from a "scale-oriented" approach to a "value-oriented" strategy, reflecting changes in retail layout and operational models [10][11]

Core Insights - The article highlights the significant milestone achieved by Hesai Technology, marking the production of its one millionth LiDAR unit, establishing it as the first company globally to reach this annual production level [1][7]. Production Capacity - As of the end of Q2 this year, Hesai has delivered over 1.37 million units in the ADAS and robotics sectors, with a planned annual production capacity exceeding 2 million units by 2025, and expected annual deliveries between 1.2 million to 1.5 million units [3]. - The company aims to equip 1% of global vehicles with 3D perception capabilities by 2025, a vision set in 2019, which has driven its strategic focus on enhancing its smart manufacturing system [3]. - Hesai's automated production line boasts a 100% automation rate in core processes, allowing for the production of one LiDAR unit every 20 seconds [3]. Technological Leadership - Since 2017, Hesai has been proactively developing specialized chips for LiDAR, with the fourth generation of chips set to launch in 2024, incorporating SPAD technology to enhance its digital LiDAR capabilities [4]. - The fourth generation of chips integrates seven core components, significantly improving performance, and making Hesai the only company to achieve full self-research and mass production of both transmission and reception module chips [4]. Market Position - In the first seven months of this year, Hesai's LiDAR installation volume reached 416,600 units, capturing a market share of 32.2%, maintaining its position as the leading supplier among all listed LiDAR companies [5]. - Hesai has secured mass production contracts with over 24 OEMs for more than 120 vehicle models, including partnerships with top-tier manufacturers such as a leading European OEM and major players in the new energy vehicle sector [5][6]. Business Growth - The company has seen a continuous increase in orders, particularly in the Robotaxi sector, where nine out of the top ten global Robotaxi companies have chosen Hesai as their primary LiDAR supplier [6]. - Recently, Hesai signed a contract worth over $40 million (approximately 285 million RMB) with a leading US Robotaxi company, further solidifying its market presence [6]. Industry Impact - The achievement of producing one million LiDAR units not only reflects Hesai's operational success but also symbolizes a broader advancement in China's manufacturing capabilities, particularly in the fields of smart vehicles and robotics [7]. - The growth of companies like Hesai is expected to enhance the international competitiveness and influence of the entire industry chain in the smart automotive and robotics sectors [7].

2025年第100万台下线，再次创造历史。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，禾赛科技（NASDAQ: HSAI；HKEX: 2525）于10月3日宣布，2025年度第 100万台激光雷达已于9月底正式生产下线。 这意味着， 禾赛成为全球首个年产量突破百万台的激光雷达企业 ，并将以"年百万级"超大规模量产 交付能力继续引领激光雷达行业标准。 这一里程碑也标志着禾赛科技阶段性实现了其创业以来的首个企业愿景，即"2025年让全球1%的车 辆具备三维感知能力。" 禾赛科技CEO李一帆表示："早在2019年公司战略会设置的2025愿景，如今已临近实现，这让我们 心潮澎湃。AI新时代给到了科技公司设计宏大梦想的力量和勇气，也给到了实现宏大梦想的土壤和机 遇。我们会继续推动激光雷达成为智能汽车和机器人的安全之眼，向着用机器人技术解放人类双手和 时间的目标继续努力，用安全和智能科技为人类美好的未来持续赋能。" 当然，年度超百万台量产规模的实现，得益于禾赛全球领先的智能制造体系和强大的自主研发实力。 禾赛是最先提出自建工厂必要性理念的激光雷达企业。 ...