Movement Alert|HESAI-W Rises 5.12% in Regular Trading, Embodied Intelligence Alliance Formation and Strategic Partnership Fuel Rebound

Market Focus09-03

On September 3, HESAI-W rose 5.12% in regular trading, trading at HK$16.62/share, with turnover of HK$36.53 million.

On the news front, the China Embodied Intelligence Tier 1 Industry Alliance was officially established on September 2, with Hesai Technology joining as a core member. The alliance covers key segments across the entire embodied intelligence chain, including LiDAR, dexterous hands, and visual perception. In addition, the company recently entered into a strategic partnership with Yingsu Technology and participated in the Large-scale Spatial Intelligence 3D Data Open Plan, aiming to connect the full pipeline from data production to world models to robotic verification. These developments further strengthen Hesai's ecological positioning in robotic perception.

The rebound also comes after a cumulative decline exceeding 12% over the prior two trading sessions, which had been triggered by margin pressure — the company's Q2 gross margin fell to 40.1% from 42.5% year-over-year, and Q3 revenue guidance of RMB 1.1–1.15 billion came in below the market consensus of RMB 1.17 billion. The combination of fresh positive catalysts and technical recovery demand drove today's uptick.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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