WeRide Inc.(US:WRD) Jin Rong Jie·2025-06-23 13:53Core Viewpoint - WeRide (文远知行) is a leading global autonomous driving technology company, achieving significant growth in revenue and net profit while expanding its operational footprint across multiple countries and cities [1][2]. Financial Performance - As of March 31, 2025, WeRide reported total revenue of 72.437 million RMB, representing a year-on-year growth of 1.77% - The company recorded a net loss attributable to shareholders of 385 million RMB, which is an increase of 17.73% year-on-year [1]. Company Overview - WeRide, established in 2017 and registered in the Cayman Islands, operates through its domestic entity in China and has conducted autonomous driving research, testing, and operations in 30 cities across 7 countries [1]. - The company has been operational for over 1,600 days and is the only technology firm holding autonomous driving licenses in China, the USA, the UAE, and Singapore [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 of autonomous driving, leading the global market in revenue among similar enterprises, 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 on Fortune's list of companies changing the world, making it the only Chinese company to break into the top ten [2].