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Hesai Group (NASDAQ:HSAI) announced Tuesday that it has received a notice of filing from the China Securities Regulatory Commission regarding its proposed global offering and dual primary listing of its Class B ordinary shares on The Stock Exchange of Hong Kong Limited.
The company stated it intends to proceed with the proposed offering and listing, subject to necessary approvals from the stock exchange, prevailing market conditions, and other relevant factors.
Hesai Group noted in its press release statement that there is no assurance as to whether or when the proposed global offering or listing will be completed. The announcement emphasized that this communication does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction where such actions would be unlawful.
The information is based on a statement filed with the U.S. Securities and Exchange Commission.
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