Hesai Group (NASDAQ:HSAI) Q1 2025 Earnings Conference Call May 26, 2025 9:00 PM ET
Company Participants
Yuanting Shi – Head, Capital Markets
David Li – Chief Executive Officer
Andrew Fan – Chief Financial Officer
Conference Call Participants
Tina Hou – Goldman Sachs
Jessie Lo – Bank of America
Tim Hsiao – Morgan Stanley
Jia Lou – BOCI
Sia Huang – SPDBI
Joanna Ma – CMBI
Operator
Hello, ladies and gentlemen, thank you for standing by. Welcome to Hesai Group’s First Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode. Please note that today’s conference call is being recorded.
I will now turn the call over to our first speaker today, Yuanting Shi, the company’s Head of Capital Markets. Please go ahead.
Yuanting Shi
Thank you, operator. Hello, everyone. Thank you for joining Hesai Group’s first quarter 2025 earnings conference call.
Our earnings release is now available on our IR website at investors.hesaitech.com as well as our newswire services.
Today, you’ll hear from our CEO, Dr. David Li, who will provide an overview of our recent updates. Next, our CFO, Mr. Andrew Fan, will address our financial results before we open the call for questions.
Before we continue, I refer you to the safe harbor statement in our earnings press release, which applies today’s call as we will make forward-looking statements.
Please also note that the company will discuss non-GAAP measures today, which are more thoroughly explained and reconciled to the most comparable measures reported on a GAAP in our earnings release and SEC filings.
With that, I’m pleased to turn over the call to our CEO, Dr. David Li. David, please go ahead.
David Li
Thank you, Yuanting, and thank you, everyone, for joining our call today. Let’s start with an overview of this quarter’s progress.