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    SEC Form F-6 POS filed by Hesai Group

    7/10/26 8:45:05 AM ET
    $HSAI
    Industrial Machinery/Components
    Industrials
    Get the next $HSAI alert in real time by email
    F-6 POS 1 f-6pos.htm REGISTRATION STATEMENT
    As filed with the Securities and Exchange Commission on July 10, 2026
    Registration No. 333-269524


    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C.  20549
    ______________________________
    POST-EFFECTIVE AMENDMENT NO. 1 TO
    FORM F-6
    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FOR
    DEPOSITARY SHARES EVIDENCED BY AMERICAN DEPOSITARY RECEIPTS
    ______________
    Hesai Group
    (Exact name of issuer of deposited securities as specified in its charter)
    ______________
    Not Applicable
    (Translation of issuer’s name into English)
    ______________
    Cayman Islands
    (Jurisdiction of incorporation or organization of issuer)
    ____________________________
    Deutsche Bank Trust Company Americas
    (Exact name of depositary as specified in its charter)
    ____________
    1 Columbus Circle
    New York, New York 10019
    +1 (212) 250-9100
    (Address, including zip code, and telephone number, including area code, of depositary’s principal executive offices)
    ___________
    Cogency Global Inc.1
    122 East 42nd Street, 18th Floor
    New York, NY 10168
    +1 (800) 221-0102
    (Address, including zip code, and telephone number, including area code, of agent for service)
    ______________________________
    Copies to:
    Shuang Zhao, Esq.
    Cleary Gottlieb Steen & Hamilton LLP
    c/o 37th Floor, Hysan Place
    500 Hennessy Road,
    Causeway Bay, Hong Kong
     
    Melissa Butler, Esq.
    Karen Katri, Esq.
    White & Case LLP
    5 Old Broad Street
    London EC2N 1DW
    United Kingdom
    +44 20 7532 1502
    __________________________________
    It is proposed that this filing become effective under Rule 466:
    ☒ immediately upon filing.
    ☐ on (Date) at (Time).
    If a separate registration statement has been filed to register the deposited shares, check the following box:   ☒
    _________________________________

    CALCULATION OF REGISTRATION FEE
    Title of each class
    of Securities to be registered

    Amount to be registered
    Proposed
    maximum aggregate price per unit(1)
    Proposed
    maximum aggregate offering price(2)
    Amount of registration fee(3)
    American Depositary Shares, each representing eight (8) Class B ordinary shares of Hesai Group
    N/A
    N/A
    N/A
    N/A
    1
    For the purpose of this table only the term “unit” is defined as one American Depositary Share.
    2
    Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Shares.
    3
    Previously paid.

    This registration statement may be executed in any number of counterparts, each of which shall be deemed an original, and all of such counterparts together shall constitute one and the same instrument.

    EXPLANATORY NOTE
    This Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 (Registration No. 333-269524) is being filed solely to (i) effect a ratio change for each American Depositary Share so that the new ratio shall be one (1) American Depositary Share to eight (8) Class B ordinary shares of Hesai Group, and (ii) make corresponding changes reflecting the ratio change to the previously filed Deposit Agreement.
    PART I


    INFORMATION REQUIRED IN PROSPECTUS
    The prospectus consists of the proposed form of American Depositary Receipt (“Receipt”) included as Exhibits A and B to Amendment No. 1 to the Deposit Agreement filed as Exhibit (a)(ii) to this Post-Effective Amendment to the Registration Statement on Form F-6 (File No. 333-269524), which is incorporated herein by reference.
    Item 1.
    DESCRIPTION OF SECURITIES TO BE REGISTERED

    Required Information
     
    Location in Form of Receipt Filed Herewith as Prospectus
             
    1.
    Name of depositary and address of its principal executive office
     
    Face of Receipt – introductory paragraph
             
    2.
    Title of Receipts and identity of deposited securities
     
    Face of Receipt – top center
             
    Terms of Deposit:
       
             
     
    (i)
    The amount of deposited securities represented by one American Depositary Share (“ADS”)
     
    Face of Receipt – upper right corner
             
     
    (ii)
    The procedure for voting the deposited securities
     
    Reverse of Receipt – Articles 14 and 15
             
     
    (iii)
    The procedure for collecting and distributing dividends
     
    Reverse of Receipt – Articles 13 and 14
             
     
    (iv)
    The procedures for transmitting notices, reports and proxy soliciting material
     
    Face of Receipt – Article 12;
    Reverse of Receipt – Articles 14 and 15
             
     
    (v)
    The sale or exercise of rights
     
    Reverse of Receipt – Articles 13 and 14
             
     
    (vi)
    The deposit or sale of securities resulting from dividends, splits or plans of reorganization
     
    Face of Receipt – Articles 3, 6 and 9;
    Reverse of Receipt – Articles 13 and 16
             
     
    (vii)
    Amendment, extension or termination of the deposit arrangements
     
    Reverse of Receipt – Articles 20 and 21 (no provision for extension)

             
     
    (viii)
    The rights of holders of Receipts to inspect the books of the depositary and the list of holders of Receipts
     
    Face of Receipt – Article 12
             
     
    (ix)
    Restrictions upon the right to transfer or withdraw the underlying securities
     
    Face of Receipt – Articles 2, 3, 4, 6, 8, 9 and 10;
    Reverse of Receipt – Article 22
             
     
    (x)
    Limitation on the depositary’s liability
     
    Face of Receipt – Article 10;
    Reverse of Receipt – Articles 15, 16, 17 and 18
             
    3.
    Fees and charges that a holder of Receipts may have to pay, either directly or indirectly
     
    Face of Receipt – Article 9
           
    4.
    Fees and other direct and indirect payments made by the depositary to the foreign issuer of the deposited securities
     
    Face of Receipt – Article 9

    Item 2.
    AVAILABLE INFORMATION
    Hesai Group (the “Company”) is subject to the periodic reporting requirements of the United States Securities Exchange Act of 1934, as amended, and, accordingly, files certain reports with, and furnishes certain reports to, the U.S. Securities and Exchange Commission (the “Commission”).   These reports can be retrieved from the Commission’s website (www.sec.gov) and can be inspected and copied at the public reference facilities maintained by the Commission at 100 F Street, N.E., Washington D.C. 20549.

    PART II


    INFORMATION NOT REQUIRED IN PROSPECTUS
    Item 3.
    EXHIBITS

     
    (a)(i)
    Form of Deposit Agreement, by and among the Company, Deutsche Bank Trust Company Americas, as depositary (the “Depositary”), and all holders and beneficial owners from time to time of ADSs issued thereunder (“Deposit Agreement”).  — Previously filed as Exhibit (a) to Form F-6 (File No. 333-269524) and incorporated herein by reference.
         
     
    (a)(ii)
    Amendment No. 1 to the Deposit Agreement — Filed herewith as Exhibit (a)(ii).
         
     
    (b)
    Any other agreement to which the Depositary is a party relating to the issuance of the ADSs registered hereunder or the custody of the deposited securities represented thereby. — Not applicable.
         
     
    (c)
    Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. — Not applicable.
         
     
    (d)
    Opinion of White & Case LLP, counsel to the Depositary, as to the legality of the securities to be registered. — Previously filed as Exhibit (d) to Form F-6 (File No. 333-269524) and incorporated herein by reference.
         
     
    (e)
    Certification under Rule 466. — Filed herewith as Exhibit (e).
         
     
    (f)
    Powers of attorney for certain officers and directors of the Company. — Set forth on the signature pages hereto.

    Item 4.
    UNDERTAKINGS

     
    (a)
    The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the ADRs, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities; and (2) made generally available to the holders of the underlying securities by the issuer.
         
     
    (b)
    If the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an ADR thirty (30) days before any change in the fee schedule.


    SIGNATURES
    Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on July 10, 2026.
     
    Legal entity created by the form of Deposit Agreement for the issuance of American Depositary Receipts for Class B ordinary shares, par value US$0.0000125 per share of Hesai Group.

    Deutsche Bank Trust Company Americas, as Depositary
       
       
     
    By:
    /s/ Michael Tompkins
     
       
    Name:
    Michael Tompkins
     
       
    Title:
    Director
     
       
       
     
    By:
    /s/ Michael Curran
     
       
    Name:
    Michael Curran
     
       
    Title:
    Vice President
     



    Pursuant to the requirements of the Securities Act of 1933, as amended, Hesai Group certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post-Effective Amendment No. 1 to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in Shanghai, the People’s Republic of China, on July 10, 2026.
     
    HESAI GROUP
       
       
     
    By:
    /s/ Yifan Li
     
       
    Name:
    Yifan Li
     
       
    Title:
    Director and Chief Executive Officer
     
       
       


    POWER OF ATTORNEY
    KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Dr. Yifan Li, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this registration statement and any and all related registration statements pursuant to Rule 462(b) of the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
    Under the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 has been signed by the following persons on July 10, 2026, in the capacities indicated.
    Signature
     
    Title
         
         
    /s/ Yifan Li
     
    Director and Chief Executive Officer (principal executive officer)
    Name:
    Yifan Li
       
         
    /s/ Kai Sun
     
    Director
    Name:
    Kai Sun
       
         
    /s/ Shaoqing Xiang
     
    Director
    Name:
    Shaoqing Xiang
       
         
    /s/ Cailian Yang
     
    Director
    Name:
    Cailian Yang
       
         
    /s/ Yi Zhang
     
    Director
    Name:
    Yi Zhang
       
         
    /s/ Hui Wang
     
    Director
    Name:
    Hui Wang
       
         
    /s/ Jia Ren
      Director
    Name:
    Jia Ren
       
         
    /s/ Peng Fan
     
    Chief Financial Officer (principal financial and accounting officer)
    Name:
    Peng Fan
       

    SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES
    Pursuant to the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Hesai Group, has signed this Post-Effective Amendment No. 1 to the Registration Statement on Form F-6 in New York, New York, United States of America on July 10, 2026.
     
    Cogency Global Inc.
       
       
     
    By:
    /s/ Collen A. De Vries
     
       
    Name:
    Collen A. De Vries
     
       
    Title:
    Senior Vice President on behalf of Cogency Global Inc.
     
       
       


    Index to Exhibits
    Exhibit
    Document
    (a)(ii)
    Amendment No. 1 to the Deposit Agreement
    (e)
    Rule 466 Certification

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