Hesai Group Sponsored ADR

Hesai Group, through its subsidiaries, develops, manufactures, and sells three-dimensional light detection and ranging (LiDAR) solutions in Mainland China, Europe, North America, and internationally. The company also offers gas sensor products, validation services, solution services, and other services, and designs and develops engineering products. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems, autonomous vehicle fleets providing passenger and freight mobility services, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is headquartered in Shanghai, China.