HK Stock Market Move | HESAI-W(02525) rose more than 3% in early trading. The company announced a major production capacity plan. The mass production delivery of the ATX-Renewal version will begin in April.

HESAI-W (02525) rose more than 3% in the morning session. As of the time of publication, it has risen by 2.64% to 209.6 Hong Kong dollars, with a trading volume of 54.1353 million Hong Kong dollars. On the news front, according to a Hesai Technology official WeChat message, on January 6, the company showcased its latest achievements in laser radar technology covering ADAS and Siasun Robot&Automation fields at CES 2026. The company also announced a major collaboration with Nvidia and other partners to double its annual production capacity to 4 million units, steadily advancing its global production capacity layout with the Bangkok factory. Hesai Technology has doubled its annual delivery volume for five consecutive years, with the total annual delivery volume exceeding 1.6 million units in 2025, and the total historical delivery volume of laser radar products has exceeded 2.4 million units. At the exhibition, Hesai Technology brought multiple core product upgrades and innovative solutions, including the recently updated ATX new version laser radar equipped with Fermi C500 chip and photon isolation technology, a full range of solutions for next-generation L3-level vehicle grade applications, covering long-range laser radar ETX and short-range blind-spot laser radar FTX, as well as the mini high-performance 3D laser radar JT series specifically designed for the Siasun Robot&Automation field, showcasing Hesai's technical accumulation and innovation strength in the laser radar field. Among them, the Hesai ATX new version is the most anticipated laser radar in the market, with a backlog of orders exceeding 4 million units from multiple global leading OEMs and is scheduled to start mass production and delivery in April 2026.