Hesai Technology suffered a net loss of 476 million yuan after one year of listing

Hesai Technology went public on February 9, 2023. Last year, its revenue was 1.88 billion yuan, but its net loss reached 476 million yuan. The company's R&D investment was also quite amazing, with annual R&D expenses reaching 790.5 million yuan. Hesai Technology's main customers include household car brands such as Ideal Auto, Lotus Auto (under Geely), and Jidu Auto, as well as unmanned driving integration solution providers such as Baidu, Aurora, Bosch, Nuro, and WeRide, as well as logistics and distribution companies such as Meituan.