Hesai and RoboSense have sufficient cash reserves to provide strong support for future development

According to financial report data, both Hesai and RoboSense have sufficient cash reserves. As of June 30, 2024, Hesai's cash reserves were 2.753 billion yuan, while RoboSense's cash reserves were 2.571 billion yuan. In the first half of 2024, Hesai's R&D investment was 393 million yuan, and RoboSense's R&D investment was 313 million yuan, both exceeding their respective losses. Hesai has cooperated with 19 OEM manufacturers around the world and has designated more than 70 models, while RoboSense has reached cooperation with 22 OEM manufacturers and first-tier suppliers, and has designated a total of 80 models.