SHANGHAI, July  31, 2026  (GLOBE NEWSWIRE) -- Hesai Group (&#34;Hesai&#34; or the &#34;Company&#34;) (NASDAQ:HSAI, HKEX: 2525)), a global tech company and a leader in 3D perception, today announced that it will hold the

HSAI

Hesai Group to Hold 2026 Second Extraordinary General Meeting on August 28, 2026

Hesai to hold Aug 28, 2026 EGM; board backs resolutions.

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SHANGHAI, July  31, 2026  (GLOBE NEWSWIRE) -- Hesai Group (&amp;#34;Hesai&amp;#34; or the &amp;#34;Company&amp;#34;) (NASDAQ:HSAI, HKEX: 2525)), a global tech company and a leader in 3D perception, today announced that it will hold the</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Hesai announced the 2026 EGM for August 28, with board-backed resolutions up for vote. Record holders as of July 23, 2026 can vote, including ADS holders voting via Deutsche Bank. The outcome could affect near-term sentiment and ADS trading if resolutions impact ownership, governance, or capital structure.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Hesai to hold 2026 EGM on Aug 28, 2026; board backs proposed resolutions.</li><li>Record holders as of July 23, 2026 may vote. ADS voting via Deutsche Bank.</li><li>Hesai filed 2025 Form 20-F; available on company and SEC sites.</li><li>Global 3D perception leader; offices in Shanghai, Palo Alto, Stuttgart; 40+ countries.</li><li>Forward-looking statements accompanied; risks disclosed in SEC filings.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hesai Group (HSAI)</strong>: Announces EGM date; board supports resolutions; voting eligibility for ADS holders.</li><li><strong>Hesai Technology (2525)</strong>: Dual-listed; cross-listed holders face same resolutions across markets.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article covers governance actions (EGM) and regulatory filings, which can affect sentiment and potential capital decisions, particularly for cross-listed shares.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>EGM date Aug 28, 2026 sets near-term catalyst for HSAI ADS trading.</li><li>Board endorsing resolutions could lift confidence if proposals are governance-friendly.</li><li>Record date July 23, 2026 determines voting eligibility for cross-listed holders.</li><li>Event is governance-centric; valuation impact depends on resolution specifics.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>EGM at 1:30 p.m. Beijing time on Aug 28, 2026.</li><li>Record dates: ordinary shares and ADSs as of July 23, 2026.</li><li>Form 20-F for 2025 filed with the SEC; available on Hesai website and sec.gov.</li><li>Dual-listed: NASDAQ HSAI and HKEX: 2525.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Expect limited moves until the EGM outcome on Aug 28, 2026.</p>
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</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SHANGHAI, July  31, 2026  (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSAI">HSAI</a>, HKEX: 2525)), a global tech company and a leader in 3D perception, today announced that it will hold the 2026 second extraordinary general meeting of the Company’s shareholders (the "EGM") at 1:30 p.m. Beijing time on Friday, August 28, 2026 at No. 28, Ciyun Road, Yangcheng Lake Peninsula, Weiting Town, Suzhou Industrial Park, Jiangsu Province, People’s Republic of China, for the purposes of considering and, if thought fit, passing with or without amendments, each of the proposed resolutions as set forth in the notice of the EGM (the "EGM Notice"). The EGM Notice, a circular in relation to the EGM, and the form of proxy for the EGM are available on the Company’s website at https://investor.hesaitech.com/. The board of directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders of American depositary shares ("ADSs") vote in favor of the proposed resolutions.</p>  <p>Holders of record of the Company’s ordinary shares as of the close of business on July 23, 2026, Hong Kong time, are entitled to receive notice of, and to attend and vote at, the EGM or any adjourned meeting thereof. Holders of record of ADSs as of the close of business on July 23, 2026, New York time, who wish to exercise their voting rights for the underlying Class B ordinary shares must give voting instructions to Deutsche Bank Trust Company Americas, the depositary of the ADSs.</p>  <p>The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). The Company’s annual report on Form 20-F can be accessed on the Company’s website at https://investor.hesaitech.com/ and on the SEC’s website at http://www.sec.gov. </p>  <p><strong>About Hesai</strong></p>  <p>Hesai Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSAI">HSAI</a>, HKEX: 2525)) is a global tech company and a leader in 3D perception. Leveraging full-stack proprietary ASIC capabilities and an integrated R&amp;D-testing-manufacturing approach, Hesai has established industry-leading positions across core physical AI domains, including ADAS-equipped passenger vehicles, autonomous mobility, spatial intelligence, embodied AI, as well as industrial, agricultural, and service robots. Hesai has established offices in Shanghai, Palo Alto, and Stuttgart, and operates in-house factories in China and Thailand, with customers spanning more than 40 countries. As the AI-driven Fourth Industrial Revolution accelerates, Hesai is committed to becoming a key enabler of physical AI － digitizing the real world and redefining how humans and robots perceive and act. </p>  <p><strong>Safe Harbor Statement</strong></p>  <p>This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue" or other similar expressions. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>  <p><strong>For investor and media inquiries, please contact:</strong></p>  <p>Hesai Group<br></br>Capital Markets Department<br></br>Email: ir@hesaitech.com</p>  <p>Christensen Advisory<br></br>Tel: +86-10-5900-1548<br></br>Email: hesai@christensencomms.com</p>  <p>Source: Hesai Group</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwMTYyOSM3NzUzMTA5IzIyNTYwNDY="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZGMzMzIxZWUtMjQyMS00ZDI4LTlkYzctYzYxMTM4ZTU0M2U0LTEyNjc1OTUtMjAyNi0wNy0zMS1lbg==/tiny/Hesai-Group.png" referrerpolicy="no-referrer-when-downgrade"></img>

Hesai announced the 2026 EGM for August 28, with board-backed resolutions up for vote. Record holders as of July 23, 2026 can vote, including ADS holders voting via Deutsche Bank. The outcome could affect near-term sentiment and ADS trading if resolutions impact ownership, governance, or capital structure.

News insight

Hesai Group to Hold 2026 Second Extraordinary General Meeting on August 28, 2026

AI summary

Sentiment rationale

Key facts

Corporate Developments