On 16 September 2025, Hesai Group (2525.HK, Hesai) successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx), raising a total of approximately HKD 4,160 million. CBI is honored to participate in the due diligence work for this IPO Project.

Hesai Group is a company primarily engaged in providing three-dimensional light detection and ranging (LiDAR) solutions. The Company’s primary business includes the design, development, manufacturing, and sales of LiDAR products. The Company’s products are used in passenger and commercial vehicles supporting advanced driver assistance systems (ADAS), autonomous vehicles, and robotics. 

In this IPO project, CBI primarily assisted the sponsor team in conducting due diligence on the company group, its directors, senior management, shareholders, suppliers, customers and franchisees. In addition to the basic information such as litigation, bankruptcy, winding-up and media records, CBI also assisted the sponsor team in conducting reputation intelligence, related company search and UBO search. The due diligence project globally covered 16 countries and regions, including China, Hong Kong, Taiwan, Japan, Switzerland, France and Mexico, etc.