Group 1 - The company, Hesai Technology, has set its offering price at HKD 212.8 per share, with an expected total amount raised of HKD 4.16 billion after the exercise of the over-allotment option [1] - The net proceeds from the global offering will be allocated as follows: approximately 50% for R&D investment, 35% for production capacity investment, 5% for business development, and 10% for working capital and general corporate purposes [1] - The global offering consists of two parts: a public offering in Hong Kong of 1.7 million Class B ordinary shares and an international offering of 15.3 million Class B ordinary shares [1] Group 2 - After listing in Hong Kong, the company's American Depositary Shares (ADS) will continue to be traded on the NASDAQ Global Select Market, with each ADS representing one Class B ordinary share [2] - Investors participating in the global offering can only subscribe for Class B ordinary shares and will not receive physical ADS [2] - Hesai Technology is the only company globally that has fully self-developed key components for LiDAR, including laser emitters, detectors, and various chips, ensuring supply chain security and technology independence [2] Group 3 - Hesai Technology has signed a strategic cooperation agreement with Hello, focusing on the Robotaxi operational scenario to develop low-cost, high-safety, and reliable intelligent driving technology [3] - This collaboration marks the official start of deep cooperation between Hesai Technology and Hello in the autonomous driving service sector, accelerating the large-scale deployment of Robotaxi in shared mobility [3] - The company aims to leverage its advantages in perception technology to support the large-scale deployment of Robotaxi, contributing to the maturity of the autonomous driving industry in China [3]