Hesai Group to Hold Annual General Meeting on June 26, 2026

Rhea-AI Summary

Hesai Group (NASDAQ:HSAI; HKEX:2525) will hold its annual general meeting of shareholders at 1:30 p.m. Beijing time on June 26, 2026, in Suzhou, Jiangsu Province, China.

Shareholders and ADS holders of record on May 22, 2026 are eligible to vote; AGM materials and the 2025 Form 20-F are available on the company’s website.

News Market Reaction – HSAI

+3.78%

6 alerts

+3.78% Session close to close

$3.23B Market Cap

0.2x Rel. Volume

In the May 26 session, HSAI gained 3.78%, reflecting a moderate positive market reaction. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement sets the timetable and mechanics for Hesai’s annual general meeting on June 26, 20...

Analysis

This announcement sets the timetable and mechanics for Hesai’s annual general meeting on June 26, 2026 and confirms that the 2025 Form 20-F is available to investors. It follows earlier governance and reporting milestones in 2026, including prior shareholder meetings and 6-K filings. Key considerations are the resolutions presented in the AGM notice, board recommendations, and how any approved mandates or governance changes relate to previously disclosed regulatory actions.

Key Figures

AGM date: June 26, 2026 AGM time: 1:30 p.m. Beijing time Record date (shares): May 22, 2026 +4 more

7 metrics

AGM date June 26, 2026 Scheduled annual general meeting in Suzhou at 1:30 p.m. Beijing time

AGM time 1:30 p.m. Beijing time Start time for annual general meeting on June 26, 2026

Record date (shares) May 22, 2026 Ordinary shareholders of record entitled to attend and vote at AGM

Record date (ADSs) May 22, 2026 ADS holders of record may instruct depositary to vote underlying shares

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

NASDAQ ticker HSAI U.S. listing referenced in AGM and 20-F announcement

HKEX code 2525 Hong Kong listing code referenced in announcement

Historical Context

5 past events · Latest: May 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 19	Q1 2026 earnings	Positive	-9.0%	Strong Q1 revenue and lidar shipment growth with positive net income guidance.
May 05	Market share ranking	Positive	-1.2%	Ranked No.1 in long-range ADAS lidar shipments with 43% volume share.
May 05	Correction notice	Neutral	-1.2%	Clarified No.1 supplier status in 2025 long-range ADAS lidar shipments.
Apr 27	Earnings date set	Neutral	+4.8%	Announced date and time for first quarter 2026 financial results call.
Apr 24	20-F and ESG filed	Positive	+6.4%	Filed 2025 Form 20-F and published ESG report with audited statements.

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

Pattern Detected

Recent positive operational and recognition news often saw mixed or negative next-day moves, while some governance and reporting updates coincided with gains.

Recent Company History

Over the last few months, Hesai reported strong Q1 2026 growth with higher net revenues and lidar shipments on May 19, 2026, yet the stock fell. Earlier in May, multiple recognitions as No.1 in long-range ADAS lidar shipments also saw mild declines. In contrast, announcements related to earnings scheduling on April 27, 2026 and filing the 2025 Form 20-F and ESG report on April 24, 2026 coincided with gains, showing varied reactions across news types. Today’s AGM notice fits within this pattern of governance-focused updates.

Key Terms

american depositary shares, ads, form 20-f, securities and exchange commission, +2 more

6 terms

american depositary shares financial

"shareholders and holders of American depositary shares (“ADSs”) vote in favor"

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.

ads financial

"holders of American depositary shares (“ADSs”) vote in favor of the proposed"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

form 20-f regulatory

"filed its annual report on Form 20-F, including its audited financial statements"

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 U.S. Securities and Exchange Commission (the “SEC”)."

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.

form of proxy regulatory

"the AGM Notice, a circular in relation to the AGM, and the form of proxy"

A form of proxy is the official document shareholders use to give someone else instructions or authority to vote their shares at a company meeting when they cannot or choose not to attend. Like filling out a ballot and designating a trusted friend to cast it for you, it lets investors influence board elections, mergers, executive pay and other key decisions without being physically present, so timely review can affect control and value of your investment.

depositary financial

"must give voting instructions to Deutsche Bank Trust Company Americas, the depositary"

A depositary is a financial institution that holds and safeguards financial assets, such as stocks or bonds, on behalf of investors. It ensures that ownership records are accurate and that transactions are processed securely. For investors, a depositary provides a trustworthy way to manage their investments, similar to a secure vault that keeps valuables safe and organized.

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

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SHANGHAI, May 26, 2026 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI; HKEX: 2525), a global tech company and a leader in 3D perception, today announced that it will hold an annual general meeting of the Company’s shareholders (the “AGM”) at 1:30 p.m. Beijing time on Friday, June 26, 2026 at No.28, Ciyun Road, Yangcheng Lake Peninsula, Weiting Town, Suzhou Industrial Park, Jiangsu Province, People’s Republic of China, for the purposes of considering and, if thought fit, passing with or without amendments, each of the proposed resolutions as set forth in the notice of the AGM (the “AGM Notice”). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Company’s website at https://investor.hesaitech.com/. The board of directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders of American depositary shares (“ADSs”) vote in favor of the proposed resolutions.

Holders of record of the Company’s ordinary shares as of the close of business on May 22, 2026, Hong Kong time, are entitled to receive notice of, and to attend and vote at, the AGM or any adjourned meeting thereof. Holders of record of ADSs as of the close of business on May 22, 2026, New York time, who wish to exercise their voting rights for the underlying Class B ordinary shares must give voting instructions to Deutsche Bank Trust Company Americas, the depositary of the ADSs.

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s annual report on Form 20-F can be accessed on the Company’s website at https://investor.hesaitech.com/ and on the SEC’s website at http://www.sec.gov. 

About Hesai

Hesai Technology (Nasdaq: HSAI; HKEX: 2525) is a global tech company and a leader in 3D perception. 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. 

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue” or other similar expressions. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

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 is the Hesai Group (NASDAQ:HSAI) 2026 annual general meeting?

Hesai Group’s 2026 annual general meeting is scheduled for 1:30 p.m. Beijing time on June 26, 2026. According to Hesai, the AGM will be held in Suzhou, Jiangsu Province, China, to consider and vote on the proposed resolutions.

Where will the Hesai Group (HSAI) 2026 AGM be held?

The 2026 AGM will be held at No.28, Ciyun Road, Yangcheng Lake Peninsula, Weiting Town, Suzhou Industrial Park, Jiangsu Province, China. According to Hesai, this physical location will host shareholders to consider and vote on the resolutions set out in the AGM Notice.

Who can vote at the Hesai Group (HSAI) AGM on June 26, 2026?

Holders of Hesai ordinary shares of record at close of business on May 22, 2026, Hong Kong time, may vote. According to Hesai, ADS holders of record on May 22, 2026, New York time, can vote by instructing Deutsche Bank Trust Company Americas.

How can Hesai Group (HSAI) ADS holders exercise voting rights at the 2026 AGM?

ADS holders of record on May 22, 2026, New York time, must give voting instructions to Deutsche Bank Trust Company Americas. According to Hesai, this depositary will vote the underlying Class B ordinary shares at the AGM based on received instructions.

Where can investors find Hesai Group’s 2026 AGM materials and AGM Notice?

The AGM Notice, circular, and proxy form are available on Hesai’s investor relations website at https://investor.hesaitech.com/. According to Hesai, these documents detail the proposed resolutions and procedures for shareholders and ADS holders to participate and vote.

Has Hesai Group (HSAI) filed its 2025 Form 20-F annual report?

Yes, Hesai has filed its Form 20-F for the year ended December 31, 2025, with the U.S. SEC. According to Hesai, the annual report, including audited financial statements, is accessible on its website and on the SEC’s site at http://www.sec.gov.

What does the Hesai Group board recommend for the 2026 AGM resolutions?

The board of Hesai Group supports all proposed AGM resolutions and recommends shareholders and ADS holders vote in favor. According to Hesai, these resolutions are set out in the AGM Notice and related circular available on the company’s investor relations website.