On August 20th, Hesai Technology, a laser radar R&D and manufacturing company, released unaudited financial data for the second quarter of 2024. This quarter, Hesai Technology achieved a revenue of 460 million yuan, a year-on-year increase of 4.2%; The global total delivery of LiDAR was 86526 units, a year-on-year increase of 66.1%; The global delivery volume of ADAS products was 80773 units, a year-on-year increase of 76.8%. The comprehensive gross profit margin of ADAS business and Robotaxi business is 45.1%. The overall gross profit of the company is approximately RMB 210 million.