Hesai Group (02525) Announces Monthly Securities Movements for October 2025

Bulletin Express
11/05

Hesai Group (02525) released its monthly return for the period ended 31 October 2025 on 5 November 2025, detailing its authorized share capital and movements in issued securities.

The authorized share capital stands at US$100,000, divided into 950,000,000 Class B ordinary shares and 50,000,000 Class A ordinary shares of par value US$0.0001 each. During the reporting period, Class A ordinary shares remained unchanged at 26,998,861 shares in issue, and Class B ordinary shares also remained at 129,143,350 shares in issue. No shares were held in treasury.

The 2021 Plan saw activity with share options and restricted share units (RSUs). A total of 13,687 options were exercised but settled through already issued shares held by the depositary; 11,694 options lapsed. As a result, the number of share options outstanding at the end of October was 8,690,577. Regarding RSUs, 561 vested and were settled through shares already in the depositary, while 2,032 lapsed. This left 387,058 RSUs outstanding, which may be settled using shares under the depositary’s name.

No additional changes were noted in total issued and treasury shares. All procedures adhered to the relevant Hong Kong stock exchange listing rules and regulatory requirements, and the board confirmed compliance in the filing.

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