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Hesai Technology Completes 8-for-1 Stock Split in July 2026
Hesai Technology completed an 8-for-1 stock split on July 10, 2026, increasing its number of shares outstanding.
What happened
Hesai Technology completed an 8-for-1 stock split on July 10, 2026, approved at its June 26, 2026, shareholders' meeting. The number of shares outstanding increased from 157,142,211 to 1,257,137,688, while total shareholders' equity and ownership percentages remained unchanged. The stated aim was to improve trading liquidity and lower the share price.
Why it matters
The move affects investors trading Hesai Technology shares. The company said the split would increase shares outstanding by about eightfold and lower the price per share to make trading easier, without changing ownership percentages. Since the company's business and shareholders' equity remain unchanged, the move adjusts trading conditions rather than changing the basis for its valuation.
Sources
Translated from the Japanese original: /news/nogi-waza-2025-nen-tsuuki-de-gaap-kuroji-ka-choukyori-adas-m-917109. The Japanese version is authoritative if they differ.