The IPO price of Hesai Hong Kong stock is set at HKD 212.8

On September 12th, Hesai announced that the final offering price for both the international and Hong Kong public offerings has been determined to be HKD 212.80 per share. The company determines the offering price based on factors such as the closing price of each American Depositary Share on NASDAQ on September 10, 2025 (the last trading day prior to the date of this announcement). After approval by the Stock Exchange, Class B ordinary shares are expected to begin trading on the main board of the Stock Exchange under the stock code "2525" on September 16, 2025. The total amount of proceeds from the company's global offering (before deducting underwriting fees and offering expenses) is expected to be HKD 4.16024 billion (taking into account the full exercise of offering volume adjustment rights and assuming that over allotment rights have not been exercised).