HESAI-W (02525) Releases February 2026 Monthly Return

Bulletin Express03-05

Hesai Group, trading on the Hong Kong Stock Exchange under “HESAI-W (02525),” reported no changes to its authorized share capital for the month ended 28 February 2026, which remains at US$100,000. The total is divided into 50.00 million Class A Ordinary Shares and 900.00 million Class B Ordinary Shares, both at a par value of US$0.0001. The issued share capital was likewise unchanged, with 27.00 million Class A shares and 130.14 million Class B shares outstanding as of the end of the month, and the public float requirement of 15% is confirmed to have been met.

Under the 2021 Plan, 14,473 Class B share options were exercised and 22,228 lapsed, leaving 8.48 million share options outstanding. A total of 37,284 RSUs vested during the month, satisfied through pre-existing depositary shares, while 0.62 million RSUs remain outstanding that may be issued or transferred in the future. The total number of shares that may be issued or transferred under share incentive schemes stands at 14.71 million as of 28 February 2026.

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