Hesai Group shareholders back share subdivision at AGM

• Hesai Group held its annual general meeting on June 26, 2026 to consider its 2025 audited financial statements.
• Shareholders adopted the audited consolidated financial statements for the year ended Dec. 31, 2025.
• Shareholders passed resolutions to appoint Deloitte Touche Tohmatsu as auditor.
• Shareholders granted mandates to issue Class B ordinary shares or ADSs, repurchase Class B ordinary shares or ADSs, and extend issuance capacity by repurchased amounts.
• Shareholders authorized an eight-for-one subdivision of all ordinary shares; the subdivision is scheduled to take effect on July 10, 2026.

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