Skadden advised Hesai Group, a technology company that engages in the development and sales of lidar products, as its U.S. counsel in connection with the U.S. registration of the Company’s global offering of Class B ordinary shares, comprised of an international offering and a Hong Kong public offering. The total offering size was approximately US$535 million. For more information, please see the HKEX announcement here.
The Skadden team was led by partner Haiping Li and included registered foreign lawyer Charles Shi and associate Yaoshi (Kevin) Li, in Beijing and Hong Kong.