SC 13G/A: Hesai Group

AI Summary

SC 13G/A filing by Hesai Group.

Risk Assessment

Risk Level: low

FAQ

Key Financial Figures

• $0.0001 — r) Class B Ordinary Shares, par value $0.0001 per share (Title of Class of Securitie

Filing Documents

• p24-1113sc13ga.htm (SC 13G/A) — 42KB
• 0000902664-24-002204.txt ( ) — 44KB

(a)

Item 1(a). NAME OF ISSUER The name of the issuer is Hesai Group (the " Company ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES The Company's principal executive office is located at 9th Floor, Building L2-B, 1588 Zhuguang Road, Qingpu District, Shanghai 201702.People's Republic of China.

(a)

Item 2(a). NAME OF PERSON FILING This statement is filed by Hillhouse Investment Management, Ltd., an exempted Cayman Islands company (" HIM " or the " Reporting Person "), with respect to the Class B Ordinary Shares (as defined in Item 2(d) below) held by GSPR IV Holdings Limited (" GSPR "). GSPR is wholly owned by Hillhouse Focused Growth Fund V, L.P. (" Growth Fund "). HIM acts as the sole management company of Growth Fund. HIM is hereby deemed to be the sole beneficial owner of, and to solely control the voting and investment power of, the Class B Ordinary Shares held by GSPR.

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE The address of the business office of the Reporting Person is Office #122, Windward 3 Building, Regatta Office Park, West Bay Road, Grand Cayman, Cayman Islands, KY1-9006.

(c)

Item 2(c). CITIZENSHIP Cayman Islands

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES Class B Ordinary Shares, par value $0.0001 per share (the " Class B Ordinary Shares ").

(e)

Item 2(e). CUSIP NUMBER There is no CUSIP number assigned to the Class B Ordinary Shares. CUSIP number 428050108 has been assigned to the ADSs of the Company, which are quoted on the Nasdaq Global Select Market under the symbol "HSAI." Each ADS represents 1 Class B Ordinary Share. Item 3. IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act; (b) ¨ Bank as defined in Section 3(a)(6) of the Act; (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act; (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940; (e) ¨ An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); CUSIP No. 428050108 13G/A Page 4 of 5 Pages (g) ¨ A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) ¨ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) ¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _______________________________ Item 4. The percentage set forth in this Schedule 13G/A is calculated based upon an aggregate of 95,626,332 Class B Ordinary Shares outstanding as reported in the Company's Prospectus filed pursuant to Rule 424(b)(4) with the Securities and Exchange Commission on February 9, 2023 and Exhibit 99.1 to the Company's Foreign Report on Form 6-K filed with the Securities and Exchange Commis

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. DATE: March 5, 2024 HILLHOUSE Investment MANAGEMENT, LTD. /s/ Audrey Woon Name: Audrey Woon Title: Chief Compliance Officer

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