Hesai Technology Plans to Challenge Inclusion on "Chinese Military Companies" List
HSAIHesai(HSAI) Newsfilter·2024-02-08 05:30

PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hesai Technology Co., Ltd. (NASDAQ:HSAI) ("Hesai" or the "Company") today responded to the Company's inclusion on the U.S. Department of Defense's (DoD) list of "Chinese Military Companies Operating in the United States." Yifan "David" Li, CEO of Hesai, stated, "DoD added Hesai to its list of "Chinese Military Companies Operating in the United States" without any explanation or justification, and we intend to file a lawsuit challenging this action. We bel ...