HSAI · Hesai Group

Summary

Hesai Group completed a 1-to-8 share subdivision and proportional ADS ratio change, effective July 10, 2026, with no change in outstanding ADSs.

Key takeaways

• Share subdivision of 1-to-8 approved at AGM on June 26, 2026, effective July 10, 2026.
• Each existing ordinary share subdivided into eight ordinary shares; par value reduced to US$0.0000125.
• Authorized share capital increased to 8,000,000,000 ordinary shares.
• ADS ratio changed from 1 ADS per 1 Class B share to 1 ADS per 8 Class B shares.
• No new ADSs issued; total outstanding ADSs remain unchanged.