Hesai-W (02525) Rises Over 3% in Morning Trading; Announces Major Capacity Expansion, ATX Refreshed Edition to Start Mass Production in April

Stock News01-08

Hesai-W (02525) rose over 3% in morning trading. As of the time of writing, the stock was up 2.64%, trading at HKD 209.6, with a turnover of HKD 54.1353 million.

On January 6, at CES 2026, the company showcased its latest LiDAR technology achievements covering ADAS and robotics, and announced major collaborations with partners including NVIDIA. It also revealed core breakthroughs in its global production capacity layout, such as a plan to double its annual production capacity to 4 million units and the steady progress of its Bangkok, Thailand factory.

Hesai Technology has achieved a doubling of its annual delivery volume for five consecutive years, with full-year 2025 deliveries exceeding 1.6 million units. The cumulative historical delivery volume for its entire LiDAR product line has surpassed 2.4 million units.

At the exhibition, Hesai Technology presented several key product upgrades and innovative solutions, comprehensively demonstrating its technical expertise and innovation capabilities in the LiDAR field.

Among them, the Hesai ATX Refreshed Edition is the most anticipated LiDAR product, with an order book exceeding 4 million units from several global leading automakers, and is scheduled to commence mass production and delivery in April 2026.

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