HSAI

Hesai Group to Hold Annual General Meeting on June 26, 2026

Hesai to Hold AGM June 26; Board backs resolutions and voting guidance

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Hesai announced an AGM for June 26, 2026, with the board backing the proposed resolutions. The record date is May 22, 2026 for ordinary shares and ADS voting, and ADS holders must route instructions to Deutsche Bank Trust Company Americas. The company also filed its 2025 Form 20-F, reinforcing governance and financial disclosures and highlighting Hesai&#039;s global 3D perception leadership.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Hesai to hold AGM June 26, 2026; board backs resolutions.</li><li>Record date May 22, 2026 for ordinary shares and ADS voting.</li><li>Filed 2025 Form 20-F; accessible on investor site and SEC.</li><li>Global 3D perception leader with ADAS, autonomous mobility, 40+ countries.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hesai Group (HSAI)</strong>: NASDAQ-listed 3D perception leader; AGM on June 26 with board backing resolutions; potential near-term stock move around voting results.</li><li><strong>Deutsche Bank Trust Company Americas (N/A)</strong>: ADS depository for Hesai; voting instructions required; potential minor impact if turnout is low.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Corporate developments surrounding Hesai&#039;s AGM and governance disclosures; events can influence short-term volatility and investor visibility without an immediate earnings catalyst.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Upcoming AGM on June 26 could spark short-term stock volatility.</li><li>ADS voting requires instructions to Deutsche Bank Trust Company Americas.</li><li>Record date May 22, 2026; investors should prepare proxies or voting.</li><li>Form 20-F for 2025 filed; supports investor due diligence.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>AGM scheduled for June 26, 2026, 1:30 p.m. Beijing time.</li><li>Venue: Suzhou Industrial Park, Jiangsu Province, China.</li><li>Record date: May 22, 2026 (HK time for ordinary shares; NY time for ADS voting).</li><li>Form 20-F for 2025 filed with the SEC.</li><li>Tickers: NASDAQ HSAI; HKEX 2525.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral to mildly bullish into the AGM, with volatility likely around June 26 but no clear multi-quarter catalyst.</p>
  </section>
</section>


<article>
  <p><strong>SHANGHAI, May 26, 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 an annual general meeting of the Company's shareholders (the "AGM") at 1:30 p.m. Beijing time on Friday, June 26, 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 AGM (the "AGM Notice"). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Company's website at <a href="https://investor.hesaitech.com/" title="https://investor.hesaitech.com/">https://investor.hesaitech.com/</a>.</strong></p>

  <section>
    <h2>AGM Details and Board Support</h2>
    <p>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>
  </section>

  <section>
    <h2>Record Date and Voting Instructions</h2>
    <p><strong>Holders of record</strong> of the Company's ordinary shares as of the close of business on <strong>May 22, 2026</strong>, Hong Kong time, are entitled to receive notice of, and to attend and vote at, the AGM or any adjourned meeting thereof. <strong>Holders of record</strong> of ADSs as of the close of business on <strong>May 22, 2026</strong>, 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>
  </section>

  <section>
    <h2>Regulatory Filing and Availability of AGM Materials</h2>
    <p>The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended <strong>December 31, 2025</strong>, 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 <a href="https://investor.hesaitech.com/" title="https://investor.hesaitech.com/">https://investor.hesaitech.com/</a> and on the SEC's website at http://www.sec.gov.</p>
  </section>

  <section>
    <h2>About Hesai</h2>
    <p><strong>Hesai Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSAI">HSAI</a>, HKEX: 2525))</strong> 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>
  </section>

  <section>
    <h2>Safe Harbor Statement</h2>
    <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>
  </section>

  <section>
    <h2>Investor and Media Inquiries</h2>
    <p><strong>For investor and media inquiries, please contact:</strong></p>
    <p><strong>Hesai Group</strong><br/>Capital Markets Department<br/>Email: <a href="mailto:ir@hesaitech.com">ir@hesaitech.com</a></p>
    <p><strong>Christensen Advisory</strong><br/>Tel: +86-10-5900-1548<br/>Email: <a href="mailto:hesai@christensencomms.com">hesai@christensencomms.com</a></p>
  </section>

  <section>
    <p>Source: Hesai Group</p>
  </section>
</article>

Hesai announced an AGM for June 26, 2026, with the board backing the proposed resolutions. The record date is May 22, 2026 for ordinary shares and ADS voting, and ADS holders must route instructions to Deutsche Bank Trust Company Americas. The company also filed its 2025 Form 20-F, reinforcing governance and financial disclosures and highlighting Hesai's global 3D perception leadership.

Hesai Group to Hold Annual General Meeting on June 26, 2026

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News