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Hesai Group Announces Independent Director Change and Committee Reassignments

Story Highlights
  • On December 24, 2025, Hesai Group’s independent director Jie Chen resigned from the board and key committees without disagreement.
  • The company simultaneously appointed experienced legal scholar and director Hui Wang to the board and major committees, bolstering governance oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hesai Group Announces Independent Director Change and Committee Reassignments

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An update from Hesai Group Sponsored ADR ( (HSAI) ) is now available.

On December 24, 2025, Hesai Group reported a board reshuffle, with independent director Dr. Jie Chen resigning from the board and its audit, compensation, and nominating and corporate governance committees, a move the company said was not related to any disagreements over its operations, policies, or practices. Effective the same day, the board appointed Dr. Hui Wang—an experienced independent director at Chinese listed technology companies and a long-time Peking University Law School academic—to fill those roles, a change expected to reinforce Hesai’s strategic direction and corporate governance framework under applicable Nasdaq rules, while signaling continuity and stability for investors and other stakeholders.

The most recent analyst rating on (HSAI) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Hesai Group Sponsored ADR stock, see the HSAI Stock Forecast page.

Spark’s Take on HSAI Stock

According to Spark, TipRanks’ AI Analyst, HSAI is a Neutral.

Hesai Group’s strong earnings call performance and guidance are the most significant factors driving the score, reflecting robust growth and market leadership. However, ongoing profitability and cash flow challenges, along with weak technical indicators, weigh on the overall score. The valuation is moderate, with no dividend yield to attract income investors.

To see Spark’s full report on HSAI stock, click here.

More about Hesai Group Sponsored ADR

Hesai Group is a China-based company listed in the United States as a foreign private issuer, with its principal executive offices in Shanghai. It is subject to Nasdaq listing requirements and U.S. securities regulations, indicating a focus on international capital markets and adherence to global corporate governance standards.

Average Trading Volume: 2,617,748

Technical Sentiment Signal: Buy

Current Market Cap: $3.63B

See more insights into HSAI stock on TipRanks’ Stock Analysis page.

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