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An update from Hesai Group Class B ( (HK:2525) ) is now available.
Hesai Group has convened an extraordinary general meeting for March 3, 2026 in Suzhou, China, asking shareholders to approve a comprehensive restatement and amendment of its Memorandum and Articles of Association, with two alternative sets of amended articles depending on whether a class-based resolution is passed by Class A and Class B shareholders. The company is also seeking shareholder approval to redesignate 50 million previously unissued, undesignated shares into Class B ordinary shares, increasing the authorized pool of Class B shares to 950 million, and to grant directors a broad, general mandate to allot, issue and deal with Class B shares and related convertible securities and rights, which would provide the board with greater flexibility in future capital-raising and equity issuance activities and could further entrench the company’s dual-class share and governance structure.
The most recent analyst rating on (HK:2525) stock is a Buy with a HK$265.00 price target. To see the full list of analyst forecasts on Hesai Group Class B stock, see the HK:2525 Stock Forecast page.
More about Hesai Group Class B
Hesai Group is a Cayman Islands–incorporated company listed in both Hong Kong and on Nasdaq that operates under a weighted voting rights structure and issues dual-class ordinary shares, including Class A and Class B shares. The company’s capital structure allows for differentiated voting rights between share classes, reflecting a governance framework commonly used by high-growth, founder-led or technology-oriented issuers seeking international capital market access.
Average Trading Volume: 689,202
Current Market Cap: HK$35.36B
See more data about 2525 stock on TipRanks’ Stock Analysis page.