Hesai Technology insists on compliance management and protects the company's rights and interests

Hesai Technology announced on its official website that the US Department of Defense's decision to include it in the list of "Chinese military-related companies" is wrong, unfair and unfounded. In order to maintain the company's reputation, Hesai Technology decided to sue the US Department of Defense to defend the company's legitimate rights and interests. Xiaomi successfully sued the US Department of Defense and removed it from the military-related list. Hesai Technology followed suit, but the chances of success are still uncertain. Hesai Technology's stock price fell sharply after the announcement of the sanctions.