Hesai Group Announces First Environmental, Social, and Governance Report
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Hesai Group Releases Inaugural Environmental, Social, and Governance (ESG) Report
SHANGHAI — Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), a global leader in three-dimensional light detection and ranging (lidar) solutions, has released its inaugural Environmental, Social, and Governance (ESG) Report. This Report details the Company’s strategy and significant achievements in ESG performance during the previous year, demonstrating their commitment to sustainable development and their ongoing efforts toward their ESG goals.
“Since our inception in 2014, we have remained dedicated to our mission of ‘Empower Robotics, Elevate Lives’ by leveraging cutting-edge lidar solutions to shape the future of robotics for a safer, more efficient world,” stated Yifan “David” Li, Hesai’s Co-Founder and CEO. “We are proud to be an ESG pioneer within the lidar industry. Our 2023 ESG report outlines our efforts and accomplishments in innovation, high-quality products, talent development, safety management, and sustainability. Moving forward, we will continue to enhance our ESG management system, integrate ESG principles into our business operations and development decisions, and strengthen our capabilities for sustainable development to further promote safer transportation, advance robotics, and ultimately improve the quality of life for all.”
The Company has established strong relationships with leading automotive OEMs and robotics companies globally, covering over 40 countries as of the end of 2023, and intends to continue expanding its influence and presence in the lidar market.
About Hesai
Hesai is recognized as the leading innovator in three-dimensional light detection and ranging (lidar) solutions. The Company’s lidar products serve a diverse range of applications in both passenger and commercial vehicles, including advanced driver assistance systems (ADAS) and autonomous vehicle fleets. In addition to the automotive sector, Hesai's technology also powers various robotics applications, including last-mile delivery robots and logistics robots designed for restricted environments.
Hesai’s solutions are firmly validated through extensive commercial use, supported by robust research and development across optics, mechanics, and electronics. The Company strategically integrates lidar designs with an in-house manufacturing process, enabling rapid product development while ensuring high performance, consistent quality, and affordability.
For more information related to Hesai Group, you can find details on their official Investor Relations website.
For investor and media inquiries, please contact:
In China:
Hesai Group
Yuanting “YT” Shi, Investor Relations Director
Email: ir@hesaitech.com
Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
Email: hesai@tpg-ir.com
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: hesai@tpg-ir.com
Frequently Asked Questions
1. What is the purpose of Hesai Group's ESG Report?
The ESG Report outlines Hesai Group's strategy and achievements in environmental, social, and governance areas, emphasizing its commitment to sustainable development.
2. When was Hesai Group founded?
Hesai Group was founded in 2014 and has since dedicated itself to innovating in the lidar technology sector.
3. What industries does Hesai Group's technology serve?
Hesai's lidar technology serves various industries, including automotive for Advanced Driver Assistance Systems (ADAS) and robotics for applications like delivery and logistics.
4. Who is the CEO of Hesai Group?
The CEO of Hesai Group is Yifan “David” Li, who is also one of the Co-Founders of the Company.
5. How does Hesai Group ensure the quality of its products?
Hesai integrates its lidar designs with an in-house manufacturing process, facilitating efficient product development while ensuring high performance and consistent quality.
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