Hesai Group executes 1-for-8 share split

• Hesai Group implemented a 1-for-8 share split, effective before Hong Kong trading began on July 10, 2026.
• Each ordinary share was subdivided into eight shares, cutting par value to US$ 0.0000125 from US$ 0.0001.
• The ADS-to-Class B share ratio shifted to 1 ADS for eight Class B shares from 1-for-1, effective the same time.
• No new ADSs were issued since the ADS ratio change matched the share split, leaving the total ADS count unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hesai Group published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-082432), on July 10, 2026, and is solely responsible for the information contained therein.