Hesai Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of HSAI?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	3,030,303	2.29%
Private Companies	5,725,562	4.32%
Individual Insiders	28,542,119	21.5%
General Public	35,499,335	26.8%
Institutions	59,670,345	45%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 62.97% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.09%	Kai Sun	9,393,653	US$199.7m	1.54%	no data
6.84%	Shaoqing Xiang	9,055,634	US$192.5m	1.84%	no data
6.83%	Yifan Li	9,044,667	US$192.3m	1.84%	no data
3.79%	Lightspeed China Partners	5,014,749	US$106.6m	0%	100.0%
3.58%	Hillhouse Investment Management, Ltd.	4,739,545	US$100.8m	0%	0.83%
3.28%	D. E. Shaw & Co., L.P.	4,345,323	US$92.4m	548%	0.12%
3.2%	Hubei Xiaomi Yangtze River Industry Investment Fund Management Co., Ltd.	4,242,424	US$90.2m	0%	no data
2.96%	Fidelity International Ltd	3,917,775	US$83.3m	-19.6%	0.03%
2.84%	Healthcare of Ontario Pension Plan	3,756,800	US$79.9m	0%	0.17%
2.65%	Shanghai Wenqian Enterprise Management Center L.P	3,513,909	US$74.7m	0%	no data
2.29%	Xiaomi Corporation	3,030,303	US$64.4m	0%	no data
2.09%	Citigroup Inc.,Banking and Securities Investments	2,774,536	US$59.0m	1,260%	0.04%
1.65%	Morgan Stanley, Investment Banking and Brokerage Investments	2,179,803	US$46.3m	544%	0.01%
1.47%	Fideuram Asset Management (Ireland) DAC	1,952,676	US$41.5m	0%	0.32%
1.47%	JPMorgan Chase & Co, Brokerage and Securities Investments	1,947,058	US$41.4m	1,700%	0.02%
1.39%	Voloridge Investment Management, LLC	1,841,577	US$39.2m	168%	0.14%
1.33%	The Vanguard Group, Inc.	1,756,523	US$37.3m	0%	no data
1.3%	Two Sigma Investments, LP	1,720,562	US$36.6m	236%	0.08%
1.21%	Oxbow Capital Management (HK) Limited	1,600,000	US$34.0m	0%	6.89%
1.16%	Mirae Asset Global Investments Co., Ltd.	1,540,824	US$32.8m	32.3%	0.02%
1.08%	Yuanzhan Equity Investment Management (Shanghai) Co., Ltd	1,436,192	US$30.5m	0%	no data
0.94%	Goldman Sachs Group, Investment Banking and Securities Investments	1,239,625	US$26.4m	346%	0.01%
0.89%	Polunin Capital Partners Limited	1,180,242	US$25.1m	-2.53%	2.38%
0.85%	Allianz Asset Management GmbH	1,128,096	US$24.0m	0%	0.01%
0.8%	Bank of America Corporation, Asset Management Arm	1,057,772	US$22.5m	554%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/28 13:47
End of Day Share Price	2025/05/28 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hesai Group is covered by 18 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Meng	BOCI Research Ltd.
Yu Jie Lo	BofA Global Research
Yonghuo Liang	China Merchants Securities (HK) Co., Ltd