Hesai Group Announces Filing of Annual Report on Form 20-F for Fiscal Year 2025 and Publication of 2025 Environmental, Social and Governance Report

Rhea-AI Summary

Hesai Group (NASDAQ: HSAI) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the SEC on April 24, 2026 and published its 2025 ESG Report. The annual report includes audited consolidated financial statements and is available on the SEC and the company's investor relations website. The company will provide free hard copies of the annual report and highlights ESG priorities including technology innovation, talent development, safety management, and sustainability.

News Market Reaction – HSAI

+6.38%

32 alerts

+6.38% Session close to close

+2.7% Peak in 1 hr 45 min

$3.53B Market Cap

0.5x Rel. Volume

In the Apr 24 session, HSAI gained 6.38%, reflecting a notable positive market reaction. Argus tracked a peak move of +2.7% during that session. Our momentum scanner triggered 32 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +6.4% in the session following this news. A strong positive reaction aligns with the...

Analysis

The stock moved +6.4% in the session following this news. A strong positive reaction aligns with the company’s pattern of significant moves around news, such as prior swings of -14.16% and 5.15% on recent announcements. Investors could weigh whether the Form 20-F and 2025 ESG report materially change fundamentals versus simply improving transparency. Past instances of sharp upside were sometimes followed by reversals, so position sizing and risk controls have been important considerations historically.

Key Figures

Form 20-F fiscal year end: December 31, 2025 Form 20-F filing date: April 24, 2026 ESG report year: 2025

3 metrics

Form 20-F fiscal year end December 31, 2025 Fiscal year covered by the filed annual report

Form 20-F filing date April 24, 2026 Date annual report was filed with the SEC

ESG report year 2025 Coverage year of the Environmental, Social and Governance report

Historical Context

5 past events · Latest: Apr 20 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 20	AI product launch	Positive	-5.8%	Unveiled Picasso SPAD-SoC, upgraded ETX lidar, and spatial intelligence hardware.
Apr 14	AI logistics deal	Positive	+5.2%	Showcased JT128 lidar and collaboration with Thoro.ai for smart logistics.
Mar 24	Earnings results	Positive	-14.2%	Reported Q4 and 2025 revenue growth, GAAP profitability, and raised 2026 guidance.
Mar 16	AI safety partnership	Positive	-0.5%	Joined NVIDIA Halos lab to validate lidar platforms for AV and robotics safety.
Mar 04	Earnings date notice	Neutral	+1.4%	Announced timing and call details for Q4 and full-year 2025 results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history shows several positive announcements followed by negative price reactions, indicating a pattern of selling on good news.

Recent Company History

Over the past months, Hesai reported strong operating progress, including full-year 2025 GAAP profitability, raised 2026 shipment guidance, and multiple AI and NVIDIA-related lidar collaborations. Yet reactions were mixed: the earnings release on Mar 24, 2026 saw a -14.16% move, while another AI logistics announcement on Apr 14, 2026 produced a 5.15% gain. Today’s Form 20-F and 2025 ESG report fit into this cadence of regular operational and disclosure updates.

Key Terms

form 20-f, securities and exchange commission, american depositary shares, environmental, social and governance

4 terms

form 20-f regulatory

"filed its annual report on Form 20-F for the fiscal year ended"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

securities and exchange commission regulatory

"with the Securities and Exchange Commission (the “SEC”) on April 24, 2026."

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

american depositary shares financial

"to its shareholders and holders of American depositary shares upon request."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

environmental, social and governance regulatory

"published its 2025 Environmental, Social and Governance ("ESG") Report, outlining"

Environmental, social and governance (ESG) describes how a company manages its impact on the planet, how it treats people and how it is governed. Investors treat ESG like a report card—companies that score well tend to face fewer regulatory, legal and reputational surprises, attract customers and employees more easily, and may deliver steadier long‑term returns, while poor ESG performance can signal added risk to investment value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHANGHAI, China, April 24, 2026 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI; HKEX: 2525), a global leader in intelligent technology and 3D perception, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the “SEC”) on April 24, 2026. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at https://www.sec.gov and on Hesai’s investor relations website at https://investor.hesaitech.com.

The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and holders of American depositary shares upon request.

The Company today also announced that it has published its 2025 Environmental, Social and Governance ("ESG") Report, outlining its ongoing commitment to responsible business practices and the progress achieved across key ESG priorities during the year, including technology innovation and high-quality products, talent development, safety management, and sustainability. To view the report in full, please visit the ESG section on the Company's investor relations website at https://investor.hesaitech.com/esg.

About Hesai

Hesai Technology (Nasdaq: HSAI; HKEX: 2525) is a global leader in 3D perception solutions. Leveraging full-stack proprietary ASIC capabilities and an integrated R&D-testing-manufacturing approach, Hesai has established industry-leading positions across core physical AI domains, including ADAS-equipped passenger vehicles, autonomous mobility, spatial intelligence, embodied AI, as well as industrial, agricultural, and service robots. Hesai has established offices in Shanghai, Palo Alto, and Stuttgart, and operates in-house factories in China and Thailand, with customers spanning more than 40 countries. As the AI-driven Fourth Industrial Revolution accelerates, Hesai is committed to becoming a key enabler of physical AI — digitizing the real world and redefining how humans and robots perceive and act.

For investor and media inquiries, please contact:

Hesai Group
Capital Markets Department
Email: ir@hesaitech.com

Christensen Advisory
Tel: +86-10-5900-1548
Email: hesai@christensencomms.com

Source: Hesai Group

FAQ

When did Hesai Group (HSAI) file its Form 20-F for fiscal year 2025?

Hesai filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 on April 24, 2026. According to the company, the filing includes audited consolidated financial statements available on the SEC and the company's investor relations website.

Where can investors access Hesai Group's (HSAI) 2025 Annual Report and audited financial statements?

Investors can access the annual report and audited consolidated financial statements on the SEC website and Hesai's investor relations site. According to the company, a free hard copy is available upon request to shareholders and ADS holders.

What does Hesai Group's (HSAI) 2025 ESG Report cover and where is it published?

The 2025 ESG Report outlines progress on technology innovation, talent development, safety management, and sustainability. According to the company, the full report is published in the ESG section of Hesai's investor relations website.

How can shareholders request a hard copy of Hesai Group's (HSAI) 2025 Annual Report?

Shareholders and holders of American depositary shares can request a free hard copy of the annual report containing audited consolidated financial statements. According to the company, requests are fulfilled at no charge via the investor relations contact channels.

Does Hesai Group (HSAI) state the filing includes audited consolidated financial statements?

Yes. According to the company, the Annual Report on Form 20-F filed April 24, 2026 contains the company's audited consolidated financial statements for the fiscal year ended December 31, 2025, accessible on the SEC and investor relations websites.