Hesai shareholders vote on raising 2026 Sharpa supply deal cap to RMB 300 million

• Hesai Group set a shareholder vote for Aug. 28, 2026 on a higher annual cap for connected sales to Sharpa.
• The proposal raises the 2026 cap to RMB 300 million from RMB 100 million under a revised supply framework.
• Scope covers LiDAR products, robotic actuators, manufacturing and support services; historical transactions totaled about RMB 42 million through June 30, 2026.
• Board-backed recommendation urges independent shareholders to vote in favor; co-founders and associates must abstain due to Sharpa voting control.
• No shareholder vote on director candidates was described in the document.

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 IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260731-12265008), on July 31, 2026, and is solely responsible for the information contained therein.