Hesai Technology has officially kicked off its global share offering endeavor. The company is set to issue 1.7 million Class B ordinary shares and is pursuing a dual - primary listing on the Hong Kong Stock Exchange, where it will be traded under the stock code 2525. In the Hong Kong market, the highest offer price per share has been established at HK$228.00, which translates to approximately US$29.04. This pricing strategy reflects the company's confidence in its market value and growth prospects. At present, Hesai Technology has successfully inked cornerstone investment agreements with a roster of well - established institutions. These include HHLR Advisors, a key entity within the Hillhouse Group; Taikang Life Insurance, a prominent player in the insurance sector; WT Asset Management, known for its expertise in asset management; Grab, a leading ride - hailing and multi - service platform in Southeast Asia; HTC Group, a renowned technology company; and Commando Global Fund, a significant investment fund in the global financial landscape.