WeRide Inc.(US:WRD) Jin Rong Jie·2025-06-03 13:44Core Insights - WeRide (文远知行) opened at $10.095 per share, up 3.01%, with a market capitalization of $2.872 billion as of June 3 [1] - The company reported total revenue of 72.437 million RMB for the fiscal year ending March 31, 2025, representing a year-on-year growth of 1.77%, while the net profit attributable to shareholders was -385 million RMB, showing a year-on-year increase of 17.73% [1] Company Overview - WeRide, established in 2017, is a leading global autonomous driving technology company, operating in 30 cities across 7 countries with over 1,600 days of operational experience [1] - The company is the only technology firm holding autonomous driving licenses in China, the USA, UAE, and Singapore, with offices in major cities including Guangzhou, Beijing, and San Jose [1] Product and Service Offerings - WeRide focuses on developing safe and reliable autonomous driving technologies, with applications in smart mobility, smart logistics, and smart sanitation [2] - The company has entered the commercial operation phase, leading in revenue among global peers, and offers a product matrix that includes Robotaxi, Robobus, Robovan, Robosweeper, and Advanced Driving Solutions [2] Strategic Partnerships - WeRide has established strategic partnerships with several top global manufacturers and suppliers, including the Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, and Bosch [2] Recognition - In 2023, WeRide was ranked eighth in Fortune's list of companies changing the world, being the only Chinese company to make it into the top ten [2]