Hesai Technology is a global leader in 3D perception LiDAR (Light Detection and Ranging) solutions for autonomous vehicles, robotics, and industrial applications. The company designs and manufactures a comprehensive range of LiDAR products, from advanced driver-assistance systems and autonomous vehicle sensors to industrial robot perception modules, leveraging proprietary ASIC chip technology and in-house manufacturing to achieve performance, quality, and cost advantages. Hesai generates revenue primarily through the sale of LiDAR products to automotive original equipment manufacturers, tier-1 suppliers, robotaxi operators, and industrial robot manufacturers worldwide, operating facilities in China and Thailand with offices across major technology hubs.