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On February 9, 2023, Hesai, the global leader in LiDAR solutions, officially listed on the Nasdaq Stock Exchange under the ticker symbol, "HSAI". The IPO shares were issued at $19 apiece and closed 11% higher on the first day of trading. Hesai is now the largest LiDAR company in the world with the highest market cap. Hesai’s Co-Founder and CEO Dr. Yifan Li attended the bell ringing ceremony and delivered an inaugural speech.