Gelonghui September 23rd | Hesai (HSAI.US) pre-market trading rose more than 1.2%, trading at $3.98. On the news front, Hesai Technology recently released its latest 360° lidar product OT128, and showcased it at the 2024 Germany IAA Expo. This lidar is designed for applications such as L4 level self-driving vehicles, industrial robots, intelligent ports, and ADAS systems. Currently, several well-known companies, including Yuanrong Qixing, Wenyuan Zhixing, and Xijing Technology, have chosen to cooperate with Hesai Technology to use the OT128 lidar, and this product has been fully put into mass production in Hesai's self-built factory.