• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form S-8 POS filed by Hesai Group

    10/9/25 6:05:41 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials
    Get the next $HSAI alert in real time by email
    S-8 POS 1 tm2526751d1_s8pos.htm S-8 POS

     

    As filed with the Securities and Exchange Commission on October 9, 2025

     

    Registration No. 333-272757

     

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

     

     

    Post-Effective Amendment No. 1

     

    To

     

    FORM S-8

     

    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

     

    Hesai Group
    (Exact name of registrant as specified in its charter)

     

     

     

    Cayman Islands
    (State or other jurisdiction of
    incorporation or organization)
    Not Applicable
    (I.R.S. Employer
    Identification Number)

     

    10th Floor, Building A

    No. 658 Zhaohua Road, Changning District

    Shanghai 200050

    People’s Republic of China
    (Address of Principal Executive Offices and Zip Code)

     

     

     

    Amended and Restated 2021 Share Incentive Plan
    (Full title of the plan)

     

     

     

    Cogency Global Inc.
    122 East 42nd Street, 18th Floor
    New York, NY 10168
    +1 (800) 221-0102
    (Name, address, including zip code, and telephone number, including area code, of agent for service)

     

     

     

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

     

    Large accelerated filer ¨ Accelerated filer x
    Non-accelerated filer ¨ Smaller reporting company ¨
      Emerging growth company x

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ¨

     

    Copies to:

     

    Peng Fan

    Chief Financial Officer

    Hesai Group

    10th Floor, Building A

    No. 658 Zhaohua Road, Changning District

    Shanghai 200050

    People’s Republic of China

    +86 21 3158-8240

    Haiping Li, Esq.

    Skadden, Arps, Slate, Meagher & Flom LLP

    c/o 42/F, Edinburgh Tower

    The Landmark

    15 Queen’s Road Central

    Hong Kong

    +852 3740-4700

     

     

     

     

     

     

    EXPLANATORY NOTE

     

    This Post-Effective Amendment No. 1 is being filed solely for the purpose of updating Exhibit 10.1 to this registration statement on Form S-8 (Registration No. 333-272757), or the Registration Statement, and amending the exhibit index of the Registration Statement, to reflect that the 2021 Share Incentive Plan has been amended and restated with effect from September 16, 2025, the date on which the Registrant’s Class B ordinary shares were listed on the Main Board of the Hong Kong Stock Exchange. The Amended and Restated 2021 Share Incentive Plan is filed herewith as Exhibit 10.1, replacing the original 2021 Share Incentive Plan filed as Exhibit 10.1. No additional securities are being registered. No changes have been made to the Registration Statement other than this explanatory note and the exhibit index of the Registration Statement. Accordingly, this Post-Effective Amendment No. 1 consists only of the cover page, this explanatory note and the amended exhibit index of the Registration Statement.

     

     

     

     

    EXHIBIT INDEX

     

    Exhibit Number Description
    4.1 Second Amended and Restated Memorandum and Articles of Association of the Registrant (incorporated herein by reference to Exhibit 3.2 to the registration statement on Form F-1, as amended (File No. 333-269247))
       
    4.2 Registrant’s Specimen Certificate for Class B ordinary shares (incorporated herein by reference to Exhibit 4.2 to the registration statement on Form F-1, as amended (File No. 333-269247))
       
    4.3† Deposit Agreement by and among the Registrant, the depositary and the holders and beneficial owners of the American depositary shares issued thereunder, dated February 8, 2023
       
    5.1† Opinion of Maples and Calder (Hong Kong) LLP, Cayman Islands counsel to the Registrant, regarding the legality of the Class B ordinary shares being registered
       
    10.1* Amended and Restated 2021 Share Incentive Plan
       
    23.1† Consent of Deloitte Touche Tohmatsu Certified Public Accountants LLP
       
    23.2† Consent of Maples and Calder (Hong Kong) LLP (included in Exhibit 5.1)
       
    24.1* Power of Attorney (included on signature page hereto)
       
    107† Filing Fee Table

     

    * Filed herewith.

    † Previously filed.

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this post-effective amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Shanghai, China, on October 9, 2025.

     

      Hesai Group
       
       
      By: /s/ Yifan Li
         
        Name: Yifan Li
        Title: Chief Executive Officer

     

     

     

     

    POWER OF ATTORNEY

     

    Each of Jia Ren and Peng Fan constitutes and appoints, severally and not jointly, Yifan Li with full power to act alone, as his true and lawful attorney-in-fact, with the power of substitution, for and in such person’s name, place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto each said attorney-in-fact full power and authority to do and perform each and every act and thing requisite and necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each said attorney-in-fact may lawfully do or cause to be done by virtue hereof.

     

    Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities as indicated on October 9, 2025.

     

    Signature  Title
        
    /s/ Yifan Li   Director and Chief Executive Officer
    Yifan Li  (Principal Executive Officer)
        
    *  Director
    Kai Sun   
        
    *  Director
    Shaoqing Xiang   
        
    *  Director
    Cailian Yang   
        
    *  Director
    Yi Zhang   
        
    *  Director
    Jie Chen   
        
    /s/ Jia Ren  Director
    Jia Ren   
        
    /s/ Peng Fan  Chief Financial Officer
    Peng Fan  (Principal Financial and Accounting Officer)

     

    *By: /s/ Yifan Li  
      Name: Yifan Li  
      Capacity: Attorney-in-fact  

     

     

     

     

    SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES

     

    Pursuant to the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of Hesai Group, has signed this registration statement or amendment thereto in New York, New York on October 9, 2025.

     

      Authorized U.S. Representative
      Cogency Global Inc.
       
       
      By: /s/ Collen A. De Vries
        Name: Collen A. De Vries
        Title: Senior Vice President

     

     

     

    Get the next $HSAI alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $HSAI

    DatePrice TargetRatingAnalyst
    8/19/2025$35.00Buy
    UBS
    7/28/2025$26.00Equal-Weight → Overweight
    Morgan Stanley
    6/9/2025$29.30Buy
    Jefferies
    3/11/2025$35.00Buy
    Daiwa Securities
    1/14/2025$5.50 → $18.39Neutral → Buy
    Goldman
    1/13/2025$5.80 → $15.00Overweight → Equal-Weight
    Morgan Stanley
    9/26/2023$12.90Buy
    Citigroup
    9/22/2023$14.80Buy
    BofA Securities
    More analyst ratings

    $HSAI
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Hesai Becomes the World's First Lidar Company to Produce 1 Million Units in 2025

    PALO ALTO, Calif., Oct. 3, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI, HKEX: 2525)), a global leader in lidar solutions, today announced the production of its 1,000,000th lidar unit in 2025, making it the first lidar company worldwide to exceed one million units in annual production. This achievement underscores Hesai's capability to deliver large-scale, high-quality lidar at unprecedented speed. This milestone also marks Hesai's achievement of its first corporate vision since founding: "By 2025, enable 1% of vehicles worldwide with 3D perception*." "The 2025 vision we had set is now within reach, and it is a proud moment for us," said Hesai's Co-Founder and CEO, David Li. "The AI e

    10/3/25 8:00:00 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Hesai Recognized on Fortune's 2025 Change the World List for Redefining Road Safety

    PALO ALTO, Calif., Sept. 25, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, has been named by Fortune, a global multiplatform media company, to its prestigious 2025 Change the World list. Each year, Fortune's Change the World list highlights 50 of the world's most innovative companies that create meaningful social or environmental impact through their core business strategies. Hesai is the only lidar company to be featured this year, joining industry leaders such as Alibaba, Deloitte, Mastercard, and Schneider Electric. Fortune editors recognized Hesai's significant contributions to the Public Health and Safety sector by bringing lidar to the mas

    9/25/25 9:00:00 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Hesai Signs New $40 Million Lidar Contract with Leading U.S. Robotaxi Company

    PALO ALTO, Calif., Sept. 15, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar solutions for autonomous mobility, today announced the expansion of its production agreement with a leading U.S.-based robotaxi company. The agreement, now valued at over $40 million, covers deliveries before the end of 2026. Hesai was selected as the only supplier to provide both long-range and short-range lidars, underscoring its role as a trusted partner in powering the next generation of autonomous fleets. The robotaxi market is entering a phase of rapid scale-up, driven by advancements in Level 4 (L4) autonomous driving. Lidar is a critical component in enabling safe and reliabl

    9/15/25 3:15:00 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    $HSAI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    UBS initiated coverage on Hesai Group with a new price target

    UBS initiated coverage of Hesai Group with a rating of Buy and set a new price target of $35.00

    8/19/25 8:34:16 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Hesai Group upgraded by Morgan Stanley with a new price target

    Morgan Stanley upgraded Hesai Group from Equal-Weight to Overweight and set a new price target of $26.00

    7/28/25 8:23:41 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Jefferies initiated coverage on Hesai Group with a new price target

    Jefferies initiated coverage of Hesai Group with a rating of Buy and set a new price target of $29.30

    6/9/25 7:51:49 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    $HSAI
    SEC Filings

    View All

    SEC Form S-8 POS filed by Hesai Group

    S-8 POS - Hesai Group (0001861737) (Filer)

    10/9/25 6:05:41 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Amendment: SEC Form SCHEDULE 13G/A filed by Hesai Group

    SCHEDULE 13G/A - Hesai Group (0001861737) (Subject)

    10/2/25 6:00:54 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    SEC Form 424B5 filed by Hesai Group

    424B5 - Hesai Group (0001861737) (Filer)

    9/12/25 4:05:34 PM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    $HSAI
    Leadership Updates

    Live Leadership Updates

    View All

    H World Group Limited Announces Change of Board Composition

    SINGAPORE and SHANGHAI, Aug. 15, 2025 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ:HTHT) ("H World" or the "Company"), a key player in the global hotel industry, today announced that the board of directors of the Company (the "Board") appointed, effective from August 15, 2025, (i) Mr. Justin Martin Leverenz ("Mr. Leverenz") as a director of the Board; (ii) Ms. Yi Zhang (alias Bonnie Yi Zhang) ("Ms. Zhang") as an independent director of the Board and the chairwoman of the audit committee of the Company (the "Audit Committee"); and (iii) Ms. Lei Cao, an existing independent director of the Company, as a member of the compensation committee of the Company (the "Compensation Committee").

    8/15/25 6:15:27 AM ET
    $HSAI
    $HTHT
    $WB
    Industrial Machinery/Components
    Industrials
    Hotels/Resorts
    Consumer Discretionary

    $HSAI
    Financials

    Live finance-specific insights

    View All

    Hesai Group Reports First Quarter 2025 Unaudited Financial Results

    Quarterly net revenues were RMB525.3 million (US$72.4 million)1Quarterly lidar shipments were 195,818 units SHANGHAI, China, May 26, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended March 31, 2025. Management Remarks "Hesai was ranked as the world's No.1 automotive lidar company by revenue market share for the fourth consecutive year in 2024, according to Yole Group—affirming our industry leadership. 2025 is off to a strong start, and we are ready to build on this momentum," said Yifan "David

    5/26/25 5:00:12 PM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Hesai Group to Report First Quarter 2025 Financial Results on Monday, May 26, 2025

    SHANGHAI, China, May 09, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its first quarter 2025 unaudited financial results on Monday, May 26, 2025, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on May 26, 2025 (9:00 AM Beijing/Hong Kong Time on May 27, 2025). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start tim

    5/9/25 6:30:47 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    Hesai Group Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results

    Quarterly net revenues were RMB719.8 million (US$98.6 million)1Quarterly lidar shipments were 222,054 unitsFull Year 2024 net revenues were RMB2,077.2 million (US$284.6 million)Full Year 2024 lidar shipments were 501,889 units SHANGHAI, China, March 10, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months and full year ended December 31, 2024. Management Remarks "In 2024, Hesai achieved a milestone year with record-breaking lidar shipments, more than doubling annually for four consecutive years, and achievin

    3/10/25 5:00:09 PM ET
    $HSAI
    Industrial Machinery/Components
    Industrials

    $HSAI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Hesai Group (Amendment)

    SC 13G/A - Hesai Group (0001861737) (Subject)

    3/5/24 4:15:16 PM ET
    $HSAI
    Industrial Machinery/Components
    Industrials