HK Stock Market Move | Hesai-W (02525) surged over 8% after reaching a strategic cooperation agreement with Shadow Technology, planning to launch the new spatial intelligent platform Kosmo in the second half of the year.

Hesai-W (02525) surged over 8%, and as of the time of this report, it has risen by 7.59% to HKD 17.01, with a trading volume of HKD 173 million. In terms of news, recently, according to announcements from Hesai Technology's official WeChat account, the company has officially established a strategic partnership with InSpatio, a leading enterprise in 3D native world modeling, at the 2nd China Space Intelligence Conference (ChinaSI 2026). The two parties will focus on two main lines: "high-quality spatial data supply from the real world + open-source 3D native world models," aiming to create a complete chain from 3D perception and real scene reconstruction to dynamic world modeling and interactive simulation, building a new open ecosystem for spatial intelligence. This collaboration will also participate in promoting the construction of the "Large-Scale Spatial Intelligence 3D Data Open Initiative." Furthermore, Hesai Technology is set to officially launch a new spatial intelligence platform, Kosmo, in the second half of the yearintegrating AI spatial cameras, AI algorithms, 3D assets, and cloud services. From the digitalization of the real world and 3D reconstruction to model training and content production, Kosmo is bridging the interface between the physical world and the digital world.