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Hesai Projects Q4 Net Revenue of RMB 1.1 Billion to RMB 1.15 Billion

CFO Andrew Fan outlined an approximately $100 million Strategic Growth Initiatives (SGI) revenue target for 2027 on Aug. 18, alongside a breakeven goal.

An unmarked steel oil barrel against a warm neutral backdrop / TokenPost.ai
An unmarked steel oil barrel against a warm neutral backdrop / TokenPost.ai

Hesai Group projected fourth-quarter net revenue of RMB 1.1 billion to RMB 1.15 billion in a Nov. 10 filing, setting a range for the company’s near-term sales outlook.

The company’s 2027 Strategic Growth Initiatives (SGI) target was announced earlier. CFO Andrew Fan outlined a goal of about $100 million in SGI revenue for 2027 on Aug. 18, alongside an expectation that the initiatives would reach breakeven that year.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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