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Hesai Technology's revenue in the third quarter was 450 million yuan, and 47440 lidars were delivered. On November 14th, Hesai Technology, a lidar research and manufacturing enterprise, announced its unaudited financial data for the third quarter of 2023. In the third quarter, the company achieved a revenue of 450 million yuan, a year-on-year increase of 33.5%, exceeding the upper limit of the company's revenue guidance. In the first three quarters, it achieved a revenue of 1.32 billion yuan, a year-on-year increase of 65.8%. The delivery volume of LiDAR by Hesai in the third quarter was 47440 units, a year-on-year increase of 125.5%; The delivery volume of ADAS LiDAR was 40593 units, an increase of 143.2% year-on-year. Meanwhile, the total delivery volume of LiDAR in the first three quarters of 2023 was 134380 units, a year-on-year increase of 307.9%; The delivery volume of ADAS LiDAR reached 114482 units, a year-on-year increase of 516.6%.
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