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"Higher gross profit and lower R&D costs," the Lidar manufacturers are eyeing the Siasun Robot&Automation business.
① Hesai Technology is about to launch a miniaturized high-performance 3D Lidar designed for the Siasun Robot&Automation and industrial markets; Suoteng Juchuang is expected to achieve shipments in the robot field that could exceed six figures next year; ② Industry experts indicate that the Siasun Robot&Automation and vehicle Lidar have different application scenarios, leading to varying performance Indicators such as navigation and obstacle avoidance, distance measurement, and perception angles, resulting in different research and development focuses.
Are Investors Undervaluing Hesai Group (NASDAQ:HSAI) By 33%?
Most Chinese concept stocks are rising in Pre-Market Trading: Li Auto and Hesai are up over 2%.
On December 19, according to Gelonghui, most Chinese concept stocks rose in Pre-Market Trading, with Asia Vets rising 32%, WiMi Hologram Cloud up over 16%, Niu Technologies increasing nearly 6%, ASE Technology rising over 4%, iQIYI and MicroCloud Hologram both up over 3%, Li Auto, NIO, Hesai, and New Century Storage all increasing over 2%, Taiwan Semiconductor up by 1%, while United Microelectronics, Blue Hat Interactive Entertainment Technology, Alibaba, Xpeng Motors, Bilibili, PDD Holdings, and Amer Sports all had gains of less than 1%.
Shares of Several Companies in the Auto and Auto-related Space Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points
Hesai Group Down Nearly 20%, on Pace for Largest Percent Decrease Since February -- Data Talk
U.S. stock movement | Exclusive Lidar agreement aids Hesai (HSAI.US) in a 36% increase!
Hesai's stock price rose significantly by 36.47% on Tuesday, closing at $13.92.