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Hesai Group Clarifies Auditor Procedures for 2025 Annual Results

Story Highlights
  • Hesai Group clarified that Deloitte followed updated Hong Kong standards and guidance for agreed-upon procedures on its 2025 annual results.
  • The company stressed that only the description of audit scope was updated and all other disclosed 2025 results remain unchanged.
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Hesai Group Clarifies Auditor Procedures for 2025 Annual Results

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An announcement from Hesai Group Class B ( (HK:2525) ) is now available.

Hesai Group issued a clarification regarding its previously announced unaudited annual consolidated results for the year ended December 31, 2025. The company confirmed that its auditor, Deloitte Touche Tohmatsu, carried out agreed-upon procedures in line with Hong Kong Standard on Related Services 4400 (Revised) and with reference to Practice Note 730 (Revised) from the Hong Kong Institute of Certified Public Accountants.

The group emphasized that this clarification only concerns the description of the auditor’s scope of work in the 2025 annual results communication. All other information in the original 2025 annual results announcement remains unchanged, signaling no alteration to the company’s previously disclosed financial or operational data.

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 with weighted voting rights, listed in both Hong Kong and on Nasdaq. The company operates in the technology sector and is overseen by a board comprising executive and independent non-executive directors, including Chairman and CEO Dr. Yifan Li.

Average Trading Volume: 946,355

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$26.09B

Learn more about 2525 stock on TipRanks’ Stock Analysis page.

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