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Hesai Group (NASDAQ: HSAI) sets July 23 record date for 2026 second EGM voting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Hesai Group has set key dates for its 2026 second extraordinary general meeting (EGM). The EGM is proposed for Friday, August 28, 2026, Hong Kong time. The record date to determine which holders of Class A and Class B ordinary shares can attend and vote is the close of business on Thursday, July 23, 2026, Hong Kong time.

Shareholders on the Cayman Islands register must lodge share transfers with the principal registrar by 4:30 p.m. on Wednesday, July 22, 2026, Cayman Islands time, while holders on the Hong Kong register must do so by 4:30 p.m. on Thursday, July 23, 2026, Hong Kong time. Holders of American Depositary Shares (ADSs) as of the close of business on Thursday, July 23, 2026, New York time must give voting instructions to the ADS depositary, Deutsche Bank Trust Company Americas.

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EGM date August 28, 2026 Proposed date of 2026 second extraordinary general meeting, Hong Kong time
Share record date July 23, 2026 Close of business, Hong Kong time, for Class A and B shares
ADS record date July 23, 2026 Close of business, New York time, for American Depositary Shares
Cayman transfer deadline 4:30 p.m., July 22, 2026 Deadline Cayman Islands time for transfers on Cayman register
Hong Kong transfer deadline 4:30 p.m., July 23, 2026 Deadline Hong Kong time for transfers on Hong Kong register
Par value per share US$0.0001 per share Class A and Class B ordinary shares before Share Subdivision
Par value per subdivided share US$0.0000125 per share After Share Subdivision as described in May 26, 2026 circular
ADS to Class B ratio 1 ADS : 8 Class B shares After Share Subdivision and ADS Ratio Change
extraordinary general meeting financial
"The 2026 second extraordinary general meeting (the “EGM”) of Hesai Group..."
record date financial
"the record date for the purpose of determining the eligibility..."
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
American Depositary Shares financial
"Holders of record of American Depositary Shares, each representing one Class B ordinary share..."
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.
weighted voting rights financial
"A company controlled through weighted voting rights and incorporated in the Cayman Islands..."
A system where some shares carry more voting power than others so certain owners can control corporate decisions with fewer shares. Think of it like tickets to a meeting where some tickets count for five votes and others for one: it lets founders or insiders steer strategy and board picks even if they don't own most of the stock. For investors this affects corporate governance, the protection of minority shareholders, and how much influence public holders have over major decisions.
Share Subdivision financial
"after the Share Subdivision as defined in the circular of the Company dated 26 May 2026..."
A share subdivision, often called a stock split, increases the number of a company's shares by dividing existing shares into smaller pieces so each shareholder keeps the same ownership proportion. It matters to investors because it makes individual shares cheaper and can boost trading ease and liquidity—like cutting a pizza into more slices so each piece is smaller but the whole pizza remains the same—though it does not change the company's total value.
ADS Ratio Change financial
"after the Share Subdivision and ADS Ratio Change as defined in the Circular..."
An ads ratio change is an adjustment to how many American Depositary Shares (ADS) represent one unit of a foreign company’s ordinary shares — like changing whether a cake is cut into 2 or 10 slices. Investors care because it alters the number of tradable ADS, the implied price per ADS and an investor’s ownership stake, which can affect liquidity, perceived value and comparisons of holdings across markets.
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FAQ

What is Hesai Group (HSAI) announcing in this Form 6-K?

Hesai Group is announcing the record dates and key deadlines for shareholders and ADS holders to establish eligibility to attend and vote at its 2026 second extraordinary general meeting (EGM), which is proposed to be held on August 28, 2026, Hong Kong time.

When will Hesai Group’s 2026 second extraordinary general meeting be held?

The 2026 second extraordinary general meeting of Hesai Group is proposed to be held on Friday, August 28, 2026, Hong Kong time. Further details on the exact time, venue, and agenda will be provided in a separate circular and notice issued by the company.

What is the share record date for Hesai Group (HSAI) shareholders to vote at the 2026 EGM?

The share record date is the close of business on Thursday, July 23, 2026, Hong Kong time. Holders of Class A and Class B ordinary shares on that date will be eligible to attend and vote at the EGM, subject to proper registration and transfer procedures.

What is the ADS record date for Hesai Group (HSAI) American Depositary Shares?

The ADS record date is the close of business on Thursday, July 23, 2026, New York time. ADS holders on this date who wish to vote must give instructions to Deutsche Bank Trust Company Americas, the ADS depositary, regarding the underlying Class B ordinary shares.

What deadlines apply to Hesai Group shareholders on the Cayman and Hong Kong registers?

Shareholders on the Cayman register must lodge valid transfer documents and share certificates with Maples Fund Services (Cayman) Limited by 4:30 p.m. on Wednesday, July 22, 2026, Cayman Islands time. Hong Kong register holders must do so with Tricor Investor Services Limited by 4:30 p.m. on Thursday, July 23, 2026, Hong Kong time.

How many Hesai Group Class B ordinary shares does each ADS represent after the share subdivision?

Each American Depositary Share represents one Class B ordinary share, and after the Share Subdivision and ADS Ratio Change, each ADS represents eight Class B ordinary shares. This relationship is specifically described to clarify voting and ownership entitlements for ADS holders.

Why might cancelling ADSs on July 23, 2026 affect voting rights for Hesai Group (HSAI)?

ADS holders who cancel ADSs on Thursday, July 23, 2026, New York time will no longer be ADS holders as of the ADS record date and also will not be shareholders as of the share record date, so they would not be able to vote those underlying Class B ordinary shares at the EGM.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

 

 

Commission File Number: 001-41611

 

 

 

Hesai Group

 

10th Floor, Building A

No. 658 Zhaohua Road, Changning District

Shanghai 200050

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F   x     Form 40-F ¨

 

 

 

 

 

 

Exhibit Index

 

99.1 Announcement—Record Date for 2026 Second Extraordinary General Meeting

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Hesai Group
       
  By : /s/ Yifan Li
  Name : Yifan Li
  Title : Chief Executive Officer

 

Date: July 8, 2026

 

 

 

 

Exhibit 99.1

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

 

 

Hesai Group

禾  賽  科  技  *

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(HKEX Stock Code: 2525)

(NASDAQ Stock Ticker: HSAI)

 

RECORD DATE FOR 2026 SECOND EXTRAORDINARY GENERAL MEETING

 

The 2026 second extraordinary general meeting (the “EGM”) of Hesai Group (the “Company”) is proposed to be convened and held on Friday, August 28, 2026, Hong Kong time.

 

The board of directors of the Company (the “Board”) announces that the record date for the purpose of determining the eligibility of the holders of the Class A ordinary shares and/or Class B ordinary shares of the Company, each with a par value US$0.0001 per share (with a par value of US$0.0000125 per subdivided share after the Share Subdivision as defined in the circular of the Company dated 26 May 2026 (the “Circular”)), to vote and attend the forthcoming EGM will be as of the close of business on Thursday, July 23, 2026, Hong Kong time (the “Share Record Date”). Holders of the Company’s Class A ordinary shares and/or Class B ordinary shares as of the Share Record Date are entitled to attend and vote at the forthcoming EGM and any adjourned meeting thereof.

 

In order to be eligible to vote and attend the EGM, persons who hold the Company’s Class A ordinary shares and/or Class B ordinary shares directly on our Cayman Islands register of members should ensure that all valid transfer documents, accompanied by the relevant share certificates, are lodged with our principal share registrar in Cayman Islands, Maples Fund Services (Cayman) Limited, at PO Box 1093, Boundary Hall, Cricket Square, Grand Cayman, KY1-1102, Cayman Islands, before 4:30 p.m., Cayman Islands time, on Wednesday, July 22, 2026 (due to the time difference between Cayman Islands and Hong Kong); and persons who hold the Company’s Class B ordinary shares directly on our Hong Kong register of members should ensure that all valid transfer documents, accompanied by the relevant share certificates, are lodged with our branch share registrar in Hong Kong, Tricor Investor Services Limited, at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong before 4:30 p.m., on Thursday, July 23, 2026, Hong Kong time.

 

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Holders of record of American Depositary Shares, each representing one Class B ordinary share of the Company (each representing eight Class B ordinary shares of the Company after the Share Subdivision and ADS Ratio Change as defined in the Circular) (the “ADSs”) as of the close of business on Thursday, July 23, 2026, New York time (the “ADS Record Date”) 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 “Depositary”). Please be aware that, because of the time difference between Hong Kong and New York, any ADS holders that cancel their ADSs in exchange for Class B ordinary shares on Thursday, July 23, 2026, New York time will no longer be ADS holders with respect to such cancelled ADSs as of the ADS Record Date and will not be able to instruct the Depositary as to how to vote the Class B ordinary shares represented by such cancelled ADSs as described above; such ADS holders will also not be holders of the Class B ordinary shares represented by such cancelled ADSs as of the Share Record Date for the purpose of determining the eligibility to attend and vote at the EGM.

 

Further details, including the meeting date and location of the EGM, will be set out in the circular and the notice of such meeting to be issued by the Company in due course.

 

  By order of the Board
  Hesai Group
  Dr. Yifan Li
  Chairman of the Board, Executive Director and
  Chief Executive Officer

 

Hong Kong, July 8, 2026

 

As at the date of this announcement, the Board comprises: (i) Dr. Yifan Li, Dr. Kai Sun, Mr. Shaoqing Xiang and Ms. Cailian Yang as the executive Directors; and (ii) Ms. Yi Zhang, Mr. Jia Ren and Dr. Hui Wang as the independent non-executive Directors.

 

*       For identification purpose only

 

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