Group 1 - The company plans to globally offer 88.25 million shares, with 4.4125 million shares for Hong Kong and 83.8375 million shares for international offering, along with an over-allotment option of 13.2375 million shares [1] - The subscription period is from October 28 to November 3, with a maximum offer price of HKD 35.00 per share and an entry fee of approximately HKD 3,535.30 for 100 shares [1] - The total expected fundraising amount is HKD 3.089 billion, with a net amount of HKD 2.932 billion, intended for accelerating the commercialization of the company's L4 fleet, developing autonomous driving technology stack, working capital, and establishing marketing teams [1] Group 2 - The company is a global pioneer in the L4 autonomous driving sector, with its products and solutions deployed in over 30 cities across 11 countries, including China, UAE, Saudi Arabia, Switzerland, France, Singapore, and Japan [2] - The company's autonomous taxi service is among the first to achieve large-scale commercial operation simultaneously in China and the Middle East [2] - According to data from a consulting firm, the company ranks second globally in revenue generated from L4 and above autonomous driving on urban roads, holding a market share of 21.8% in 2024 [2] Group 3 - The company's net profit for the fiscal years 2023, 2024, and the first half of 2025 (ending June 30) are projected to be -1.949 billion, -2.517 billion, and -0.792 billion respectively, with year-on-year changes of -50.10%, -29.13%, and 10.23% [2]

Core Viewpoint - The company, WeRide, is planning a global offering of 88.25 million shares, with a maximum public offering price of HKD 35.0 per share, aiming to raise approximately HKD 2.9321 billion for various strategic initiatives in the autonomous driving sector [1][4]. Group 1: Company Overview - WeRide is a global pioneer in Level 4 (L4) autonomous driving, with its products and solutions deployed in over 30 cities across 11 countries, including China, UAE, Saudi Arabia, Switzerland, France, Singapore, and Japan [1][2]. - The company has established itself as one of the first service providers to achieve large-scale commercial operations in both China and the Middle East [1]. Group 2: Market Position and Strategy - According to Zhaoshang Consulting, WeRide ranks second globally in revenue generated from L4 and above autonomous driving on urban roads, holding a market share of 21.8% as of 2024 [1]. - The company has deployed a fleet of over 1,500 autonomous vehicles, including 1,108 self-owned vehicles and 415 vehicles in collaboration with third parties, with a focus on markets showing significant long-term potential for autonomous driving [2]. Group 3: Competitive Advantage - WeRide has established a leading international presence and significant first-mover advantages in key overseas markets, being the only company to successfully deploy L4 autonomous driving solutions in France, Switzerland, and Belgium [3]. - In Singapore, WeRide is the only company with both autonomous taxi and shuttle deployments, leading the next market entrant by at least 1.5 years in L4 development [3]. Group 4: Use of Proceeds - The estimated net proceeds of approximately HKD 2.9321 billion from the global offering will be allocated as follows: 40% for developing the autonomous driving technology stack, 40% for accelerating the commercialization of the L4 fleet, 10% for establishing marketing teams and branches, and 10% for working capital and general corporate purposes [4].

Group 1 - The company, WeRide, is planning a global offering of 88.25 million shares, with 5% allocated for public offering in Hong Kong and 95% for international offering, along with a 15% over-allotment option [1] - The expected net proceeds from the global offering are approximately HKD 2.932 billion, assuming the over-allotment option is not exercised [1] - The allocation of proceeds includes 40% for developing autonomous driving technology stack, 40% for accelerating commercialization of L4 fleet, 10% for establishing marketing teams and branches, and 10% for working capital and general corporate purposes [1] Group 2 - WeRide is a global pioneer in the L4 autonomous driving sector, with its products and solutions deployed in over 30 cities across 11 countries, including China, UAE, Saudi Arabia, Switzerland, France, Singapore, and Japan [2] - The company ranks second globally in revenue generated from L4 and above autonomous driving on urban roads, holding a market share of 21.8% as of 2024 [2] - As of the latest feasible date, WeRide has deployed over 1,500 autonomous vehicles, including 1,108 self-operated vehicles and 415 vehicles in collaboration with third parties [2] - The company reported revenues of approximately CNY 402 million and CNY 361 million for 2023 and 2024 respectively, with gross profits of approximately CNY 183 million and CNY 112 million [2] - In the first half of 2025, the company achieved revenue of approximately CNY 200 million and a gross profit of CNY 61.059 million [2]

Group 1 - The company, WeRide, plans to conduct a global offering of 88.25 million shares from October 28 to November 3, 2025, with a maximum public offering price of HKD 35.0 per share [1] - The expected net proceeds from the global offering are approximately HKD 2.932 billion, with 40% allocated for the development of autonomous driving technology stack and 40% for accelerating the commercialization of L4 fleet [1] - The company will also allocate 10% for establishing marketing teams and branches, and another 10% for working capital and general corporate purposes [1] Group 2 - WeRide is a global pioneer in the L4 autonomous driving sector, with its products and solutions deployed in over 30 cities across 11 countries, including China, UAE, Saudi Arabia, Switzerland, France, Singapore, and Japan [2] - The company ranks second globally in revenue generated from L4 and above autonomous driving on urban roads, holding a market share of 21.8% in 2024 [2] - As of the latest feasible date, WeRide has deployed over 1,500 autonomous vehicles, including 1,108 self-owned vehicles and 415 vehicles in collaboration with third parties, with a focus on markets showing significant long-term potential [2] Group 3 - In 2023 and 2024, the company achieved revenues of approximately HKD 402 million and HKD 361 million, with gross profits of about HKD 183 million and HKD 112 million, respectively [2] - For the first half of 2025, the company reported revenue of approximately HKD 200 million and a gross profit of HKD 61.05 million [2]

格隆汇10月28日丨文远知行-W(00800.HK)发布公告，公司拟全球发售8825万股发售股份，中国香港发 售股份441.25万股，国际发售股份8383.75万股(以上可予重新分配及视乎超额配售权行使与否而定)； 2025年10月28日至11月3日招股，预期定价日为11月4日；公开发售价将不会高于每股发售股份35.0港 元，每手买卖单位为100股，中金公司及摩根士丹利为联席保荐人；预期A类普通股将于2025年11月6日 开始在联交所买卖。 ...

Core Viewpoint - Company 文远知行-W (00800) plans to conduct an initial public offering (IPO) from October 28 to November 3, 2025, aiming to raise capital through the global issuance of 88.25 million shares [1] Summary by Categories IPO Details - The IPO will consist of 88.25 million shares, with 5% allocated for public offering in Hong Kong and 95% for international offering, subject to reallocation [1] - There is an additional 15% over-allotment option available [1] - The maximum public offering price is set at HKD 35.0 per share, with a minimum trading unit of 100 shares [1] - The A-class ordinary shares are expected to commence trading on the Hong Kong Stock Exchange on November 6, 2025, at 9:00 AM [1]

股份代號 : 0800 （於開曼群島註冊成立以不同投票權控制的有限責任公司） 全球發售 聯席保薦人、整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 WeRide Inc. 文遠知行＊ （按字母順序排列） 整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席賬簿管理人及聯席牽頭經辦人 ＊ 僅供識別 重要提示 重要提示：閣下如對本招股章程的任何內容有任何疑問，應獲取獨立專業意見。 WeRide Inc. 文遠知行 * （於開曼群島註冊成立以不同投票權控制的有限責任公司） 全球發售 | 全球發售的發售股份數目 | ： 88,250,000股發售股份 | | --- | --- | | | （視乎超額配售權行使與否而定） | | 香港發售股份數目 | ： 4,412,500股發售股份（可予重新分配） | | 國際發售股份數目 | ： 83,837,500股發售股份（可予重新 | | | 分配及視乎超額配售權行使與否而定） | | 最高公開發售價 | ： 每股發售股份35.0港元，另加1.0% | | | 經紀佣金、0.00015%會財局 | | | 交易徵費、0.0027%證監會交易徵費 | ...

智通财经APP讯，文远知行-W(00800)于2025年10月28日-2025年11月3日招股，拟全球发售8825万股股 份，其中香港公开发售占5%，国际发售占95%(可予重新分配)，另有15%超额配股权。公开发售价将不 会高于每股发售股份35.0港元，每手100股，预计A类普通股将于2025年11月6日(星期四)上午九时正开 始在联交所买卖。 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司 （「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 除非本公告另有界定，否則本公告所用詞彙與文遠知行（「本公司」）發佈的日期為2025年10月 28日的招股章程（「招股章程」）所界定者具有相同涵義。 本公告僅作參考用途，並不構成任何人士收購、購買或認購本公司任何證券的要約或誘使作出 要約的邀請。本公告並非招股章程。潛在投資者應先閱讀招股章程有關下文所述本公司及全球 發售的詳細資料，方決定是否投資於發售股份。 本公告不會直接或間接於或向美國（包括其領土及屬地、美國任何州及哥倫比亞特區）發佈、刊 發或派發。本公告並不構成或組成於美國或於任何其他司法管轄區購買或認購證券的任何要約 或招攬的一部分。在未根據《1933年美國證券法》（經修訂）（「美國證券法」）登記或獲豁免登記 的情況下，不得在美國發售或出售證券。擬在美國進行的任何證券公開發售將根據招股章程所 載方式進行，而該招股章程可向本公司索取，當中載有有關本 ...

Financial Performance - For the six months ended June 30, 2024, the group reported a profit of approximately RMB 19,100,000, a decrease from RMB 25,100,000 in the same period of 2023, representing a decline of about 24%[1] - Revenue from continuing operations for the same period was approximately RMB 30,200,000, down approximately 19.4% from RMB 37,500,000 in 2023[1] - The gross profit margin for the six months ended June 30, 2024, was approximately 72.4%, a decrease of about 4.7 percentage points from 77.1% in the same period of 2023[1] - The basic earnings per share for the period was RMB 0.69, compared to RMB 0.92 in the same period of 2023[3] - The total comprehensive income for the period was a loss of RMB 5,062,000, compared to a profit of RMB 119,813,000 in the same period of 2023[4] - The net profit from continuing operations before tax for the period was RMB 20,979,000, compared to RMB 21,854,000 in the same period of 2023[2] - The company's total issued share capital increased to 23,545 thousand shares from 23,450 thousand shares, representing a growth of 0.4%[7] - The profit attributable to equity holders of the company for the six months ended June 30, 2024, was approximately RMB 19,100,000, down from RMB 25,300,000 in the same period of 2023[49] Assets and Liabilities - As of June 30, 2024, the company had cash and cash equivalents and high liquidity short-term assets amounting to approximately RMB 723,300,000[1] - As of June 30, 2024, the total non-current assets amounted to RMB 932,302 thousand, a decrease of 4.8% from RMB 979,768 thousand as of December 31, 2023[5] - Current assets totaled RMB 744,000 thousand, reflecting an increase of 4.2% compared to RMB 713,844 thousand in the previous year[5] - The net value of current assets was RMB 695,734 thousand, up from RMB 664,036 thousand, indicating a growth of 4.8%[6] - Total liabilities were RMB 48,266 thousand, a slight decrease from RMB 49,808 thousand, representing a reduction of 3.1%[6] - The company's equity attributable to shareholders was RMB 1,558,258 thousand, down from RMB 1,561,259 thousand, showing a decrease of 0.2%[7] Revenue Segments - The Cultural Industry segment reported revenue of RMB 1,373,000 for the six months ended June 30, 2024, compared to RMB 268,000 for the same period in 2023, reflecting a significant increase[14] - The Property Investment segment generated revenue of RMB 28,847,000 for the six months ended June 30, 2024, down from RMB 37,237,000 in 2023, indicating a decline of approximately 22.6%[14] - The company reported a total of RMB 6,747,000 in property management service revenue for the six months ended June 30, 2024, compared to RMB 7,968,000 in 2023, reflecting a decrease of approximately 15.3%[15] - The total income from customer contracts for the six months ended June 30, 2024, was RMB 8,120,000, compared to RMB 8,236,000 in 2023, indicating a slight decline[15] Operational Strategies - The company is actively adjusting its operational strategies across various business segments in response to changing market conditions[31] - The group continues to explore investments in technology, internet, and new energy sectors to enhance project control and risk management[31] - The group implemented measures to attract and retain tenants, such as offering installment payment plans and adjusting leasing strategies, but the rental rate continued to decline during the reporting period[32] - The group plans to enhance building quality and service quality to mitigate the impact of external economic conditions on rental rates[35] - The group aims to explore the use of AI to enhance management efficiency and reduce management costs[35] Financial Adjustments and Compliance - The company has no impact from the amendments to the International Financial Reporting Standards, as there were no variable lease payments affecting the financial position or performance[11] - The company has reassessed its liabilities as of January 1, 2023, and January 1, 2024, concluding that the classification of liabilities as current or non-current remains unchanged[11] - The company does not have any supplier financing arrangements, thus the amendments to the International Accounting Standards do not affect the interim consolidated financial information[12] - The Audit Committee, composed of three independent non-executive directors, has reviewed the unaudited financial statements for the six months ending June 30, 2024, and found them compliant with applicable accounting standards[75] Future Plans and Investments - The company plans to continue integrating existing businesses while exploring new opportunities to enhance overall effectiveness[59] - The board has decided to reallocate the remaining funds towards investments in technology, internet, and consumer sectors, aligning with national policy directions[60] - The new allocation for technology, internet, and consumer sectors is RMB 200.5 million, with an expected utilization date by December 31, 2028 or earlier[61] Risks and Regulatory Environment - The group faces operational risks related to rental and property management, influenced by market price fluctuations and competition[63] - Regulatory changes in the cultural industry may significantly impact the company's business operations and investment conditions[64] - The company holds cash and cash equivalents valued at approximately HKD 3.2 million and USD 70.8 million, exposing it to foreign exchange risks[67] - The board anticipates that future currency fluctuations will not severely impact the company's operations due to the majority of income and expenses being settled in RMB[67] Corporate Governance - The company has complied with all corporate governance codes except for the separation of roles between the Chairman and CEO, which is currently held by the same individual[73] - The mid-term performance announcement for 2024 will be published on the Hong Kong Stock Exchange website and the company's website[76] - The report will include all data required by the listing rules and will be sent to shareholders at the appropriate time[76]