Hesai Group publishes first Environmental, Social and Governance (ESG) report

SHANGHAI, Aug. 19, 2024 (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 published its first Environmental, Social and Governance (ESG) Report (the “Report”). The Report describes the Company’s strategy and outstanding performance in ESG performance in 2023, as well as its progress toward its long-term ESG goals for sustainable development.

“Since our founding in 2014, we have remained committed to our mission of ‘Empower Robotics, Elevate Lives’ by leveraging advanced lidar solutions to drive the future of robotics for a safer, more efficient world,” said Yifan “David” Li, co-founder and CEO of Hesai. “We are proud to be an ESG pioneer in the lidar industry. Our 2023 ESG report outlines our efforts and achievements in innovation and high-quality products, talent development, safety management and sustainability. Going forward, we will continue to improve our ESG management system, integrate ESG principles into our business operations and development decisions, and strengthen our sustainable development capabilities to further enable safer global transportation, advance robotics, and ultimately improve the quality of human life.”