WeRide Inc. 2026 Share Plan Adopted on [●] WeRide Inc. 2026 Share Plan SECTION 1. ESTABLISHMENT AND PURPOSE. The purpose of this Plan is to attract, incentivize and retain Employees, Outside Directors and Consultants through the grant of Awards. The Plan provides for the grant of Options to purchase Shares and the grant of Restricted Share Units to acquire Shares. Options granted under the Plan may be ISOs intended to qualify under Code Section 422 or NSOs which are not intended to so qualify. Capitalized t ...

Core Insights - Nvidia has liquidated its positions in Applied Digital, Arm Holdings, and WeRide in the fourth quarter of 2025, while initiating new investments in Intel, Synopsys, and Nokia [1] Group 1 - Nvidia's divestment includes complete liquidation of shares in Applied Digital, Arm Holdings, and WeRide [1] - New investments made by Nvidia include Intel, Synopsys, and Nokia, indicating a strategic shift in its investment portfolio [1]

Group 1 - Nvidia has sold its stake in WeRide [1]

Core Insights - WeRide and Uber have officially launched Robotaxi commercial operations in downtown Abu Dhabi, marking the first deployment of autonomous vehicles in the area [1] - The operational range now covers approximately 70% of Abu Dhabi's core areas, with the fleet size increasing fourfold since the start of commercial operations in December 2024, totaling over 200 Robotaxis deployed in the Middle East [1][5] Group 1 - The service area has been extended to include key locations such as Khalifa City, Masdar City, and the waterfront area along Sheikh Zayed Grand Mosque, connecting major tourist attractions and high-end hotels [3] - Passengers can request the Robotaxi service through the Uber App or a dedicated Autonomous entry, with safety drivers currently present in the vehicles, transitioning to fully autonomous operations in phases [3][4] Group 2 - The launch of the Robotaxi service supports Abu Dhabi's goal of becoming a global tourism hub and reflects the local regulatory body's recognition of WeRide's operational safety in complex urban environments [4] - WeRide and Uber have set ambitious plans to deploy at least 1,200 Robotaxis in the Middle East by 2027, covering Abu Dhabi, Dubai, and Riyadh, with future expansions aiming for thousands of vehicles [5]

Group 1 - The core viewpoint of the news highlights the strategic partnership between the company and Uber, aiming to deploy at least 1,200 Robotaxis in the Middle East by 2027, enhancing fleet scalability [1] - The Shanghai government has released policies supporting the development of intelligent connected vehicles, providing a broader operational space for the company and others in the industry [1] - The CEO of the company stated that the AI testing platform has reduced data training costs by 75%, with a goal to achieve profitability by 2030 and expand the global Robotaxi fleet to 2,000-3,000 vehicles by the end of 2026 [1] Group 2 - Multiple institutions have recently issued ratings, generally recognizing the company's technological advantages while expressing concerns about its profitability progress [2] - Macquarie initiated coverage with an "Outperform" rating and a target price of HKD 46 / USD 17.5, optimistic about the overseas light-asset model and the potential for Robotaxi deployment in the Middle East [2] - JPMorgan reiterated an "Overweight" rating but noted that the company's U.S. stock has underperformed relevant indices this year, reflecting market concerns over increasing competition in the Robotaxi sector [2] Group 3 - The company's stock has shown volatility with low liquidity reflecting cautious market sentiment, with the Hong Kong stock closing at HKD 19.84, down 2.07% on February 13, 2026, and a year-to-date decline of 13.74% [3] - The U.S. stock closed at USD 7.60, up 1.88% on the same day, but has also seen a year-to-date decline of 12.44% [3] - On February 13, 2026, there was a net outflow of HKD 734,643 from the Hong Kong stock, indicating an overall outflow trend despite active retail trading [3]

经济观察网近期多家机构对文远知行发布评级，普遍认可其技术优势，但盈利时间表仍是焦点。 机构观点 2026年2月11日，麦格理首次覆盖给予"跑赢大市"评级，目标价港股46港元、美股17.5美元，看好其海 外轻资产模式及中东Robotaxi部署计划。2026年2月10日，中银国际维持"买入"评级，目标价34港元， 预计2025年第四季度收入环比增长超70%，主要受益于Robotaxi业务放量。2026年2月9日，摩根大通重 申"增持"评级，但指出其美股年内跑输相关指数，反映市场对Robotaxi领域竞争的担忧。 近期事件 2026年2月6日，文远知行与Uber宣布升级战略合作，计划于2027年内在中东地区部署至少1,200辆 Robotaxi，覆盖阿布扎比、迪拜和利雅得三大市场，全部接入Uber App提供出行服务。该合作基于现有 运营基础，旨在加速车队扩张和商业化落地。 股票近期走势 文远知行-W股价近期呈现波动。截至2026年2月12日，收盘价20.26港元，单日下跌3.98%，年初至今累 计下跌11.91%。2月9日因合作消息盘中涨超6%，但随后回落，近一周区间涨跌幅为4.59%，成交额显示 流动性较低，反 ...

Core Insights - WeRide and Uber have officially launched the first Robotaxi commercial operation service in downtown Abu Dhabi, marking the first deployment of autonomous vehicles in the area [1] - The Robotaxi service now covers approximately 70% of the core areas in Abu Dhabi, expanding the operational range significantly [1] - Currently, each vehicle is equipped with a safety operator, with plans to transition to fully autonomous operation in phases [1] Company Operations - WeRide has deployed over 200 Robotaxis in the Middle East region, indicating a strong presence in the autonomous vehicle market [1] - Tawasul Transport, a local transportation company, is managing the WeRide Robotaxi fleet on the Uber platform, providing fleet management services [1]

Core Insights - The company has established a strong competitive moat in technology, licensing, mass production capabilities, and operational capacity, with significant advancements in autonomous driving technology and regulatory approvals [1][2] Group 1: Technology and Innovation - The company has developed a universal technology platform called WeRide One, which integrates AI models, software algorithms, modular hardware design, and cloud architecture, showcasing high versatility and scalability [1] - The recent launch of WeRide GENESIS has significantly enhanced the company's autonomous driving algorithms' ability to handle complex real-world scenarios, improving iteration efficiency and reducing the time and cost of traditional road testing [1] Group 2: Licensing and Regulatory Approvals - The company has achieved a first-mover advantage in licensing, having obtained autonomous driving licenses in eight countries, including China, UAE, Singapore, France, the USA, Saudi Arabia, Belgium, and Switzerland, by 2025 [1] Group 3: Fleet and Operational Capacity - As of January 12, 2026, the company's global Robotaxi fleet has reached 1,023 vehicles, with approximately 200 units deployed in the Middle East, aiming for tens of thousands of Robotaxis by 2030 [1] - The company is actively expanding its presence in the domestic Robotaxi market, with operations in major cities like Beijing, Guangzhou, and Shanghai, and plans to introduce autonomous taxi services in Shanghai by July 2025 [2] Group 4: Global Expansion Strategy - The company has a robust global expansion strategy, with plans to increase its Robotaxi fleet in the Middle East from 200 to 500-1,000 vehicles by 2026, and is set to launch a fully autonomous commercial operation in Abu Dhabi with Uber by November 26, 2025 [2] Group 5: Market Position and Future Prospects - The company employs a platform strategy in its L4 business, leveraging its success in autonomous taxi development to explore other autonomous vehicle solutions, including minibuses and freight vehicles [2] - By August 2025, the company is projected to hold a 36% market share in the global autonomous minibus market, ranking first based on revenue [2] Group 6: Financial Projections - The company forecasts net losses of 1.69 billion yuan, 1.37 billion yuan, and 1.10 billion yuan for the years 2025 to 2027, with corresponding EPS of -1.65 yuan, -1.33 yuan, and -1.07 yuan [3]

此次Robotaxi运营服务范围的扩大，将进一步提升阿布扎比城市交通的连通性和便利性，助力阿联酋实现智慧出行愿景。目前，文远知行在中东地区已部 署了超过200辆Robotaxi。随着此次服务扩展，文远知行和Uber的Robotaxi运营范围现已覆盖阿布扎比约70%的核心区域。自2024年12月启动Robotaxi商业 运营以来，双方合作的车队规模已实现四倍增长。 2月12日，自动驾驶科技公司文远知行WeRide与国际出行服务公司优步Uber联合宣布，正式启动阿联酋阿布扎比市中心首个Robotaxi（自动驾驶出租车） 商业运营服务，这是阿布扎比市中心首次部署自动驾驶车辆。 在阿布扎比综合交通中心（ITC）的支持下，文远知行和Uber的Robotaxi服务范围延伸至阿布扎比哈利法城、马斯达尔城、拉布丹，以及滨海大道至谢赫 扎耶德大清真寺沿线区域，串联起谢赫扎耶德大清真寺等核心地标与滨海大道一带多家热门酒店。通过连接游客密集的酒店、旅游走廊与城市其他区域， Robotaxi运营服务的拓展将助力推动阿布扎比建设全球旅游枢纽，充分体现了阿布扎比综合交通中心对合作伙伴在复杂城市环境中安全运营能力的高度信 任。 即日起，乘 ...

Core Insights - The key point of the news is that WeRide (WRD.US) has officially launched its first Robotaxi commercial operation service in downtown Abu Dhabi in partnership with Uber, marking the first deployment of autonomous vehicles in the city center [1] Group 1: Company Developments - WeRide's stock price increased by 2.9% to $7.71 in pre-market trading following the announcement of the Robotaxi service launch [1] - The Robotaxi service now covers approximately 70% of the core areas in downtown Abu Dhabi, indicating significant expansion in operational reach [1] - Since the commencement of the Robotaxi commercial operation in December 2024, the fleet size of the partnership has quadrupled, showcasing rapid growth in service capacity [1] Group 2: Market Performance - The closing price of WeRide on February 11 was $7.55, with a pre-market price of $7.77 on February 12 [2] - The stock experienced a trading volume of 4.0856 million shares, with a price range between $7.47 and $8.09 [2] - WeRide's total market capitalization stands at $2.585 billion, with a total share count of 342 million [2]