The Zhitong Finance App learned that Goldman Sachs released a research report stating that it maintains the Hesai-W (02525.HK) “buy” rating and the target price of H shares of HK$27, while maintaining the HSAI.US (HSAI.US) American Depositary Receipt (ADR) target price of 28 US dollars, and believes that the company's valuation is attractive. Hesai's revenue and net profit for the third quarter were in line with the forecast, while gross margin and profit before interest and tax (EBIT) were better than expected, mainly due to quarterly improvements in average sales prices driving up gross margin, but this was partly offset by non-operating expenses.

The Zhitong Finance App learned that Goldman Sachs released a research report stating that it maintains the Hesai-W (02525.HK) “buy” rating and the target price of H shares of HK$27, while maintaining the HSAI.US (HSAI.US) American Depositary Receipt (ADR) target price of 28 US dollars, and believes that the company's valuation is attractive. Hesai's revenue and net profit for the third quarter were in line with the forecast, while gross margin and profit before interest and tax (EBIT) were better than expected, mainly due to quarterly improvements in average sales prices driving up gross margin, but this was partly offset by non-operating expenses.