HESAI-W June 2026 Share Capital Update: Stable Share Count, Option Exercises and New 737,054 RSUs Granted

Bulletin Express
07/07

Hesai Group (HESAI-W, listed in Hong Kong under weighted voting rights) has released its Monthly Return for the period ended 30 June 2026, confirming a steady share base and detailing equity incentive activities.

Authorised and Issued Share Capital • Authorised capital remained unchanged at 1.00 billion shares—50.00 million Class A and 950.00 million Class B—carrying an aggregate par value of USD 0.10 million (USD 0.0001 per share). • Issued share capital was stable month-on-month at 157.14 million shares, split between 26.99 million Class A (non-listed) and 130.14 million Class B (HKEX: 02525). No treasury shares were held. • The company affirmed compliance with the minimum 15% public-float requirement for its listed Class B shares.

Equity Incentive Schemes Share Options (2021 Plan) • Opening outstanding options: 7.96 million. • Activity in June: 211,063 options exercised (settled using existing Class B shares held by the Depositary) and 32,720 options lapsed. • Closing outstanding options: 7.72 million, representing up to 7.72 million potential new Class B shares. • Cash proceeds from option exercises totalled USD 0.35 million.

Restricted Share Units (2021 Plan) • 737,054 new RSUs granted during June. • 403 RSUs vested and were settled via previously issued Class B shares; 6,304 RSUs lapsed. • Outstanding RSUs now entitle holders to 2.19 million Class B shares upon future vesting, of which 277,951 are outside the aggregate 13.10 million shares that may ultimately be issued under all current equity incentive schemes.

Capital Instruments • The issuer reported no warrants, convertible instruments, or other share-linked agreements beyond the 2021 Plan.

Governance Confirmation Hesai’s board affirmed that all equity issuances and transfers were duly authorised, funds received, and fully compliant with Hong Kong listing regulations and applicable laws as of 30 June 2026.

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