Core Viewpoint - WeRide (文远知行) is a leading global autonomous driving technology company, focusing on the development of safe and reliable autonomous driving solutions, with a strong emphasis on commercial operations and strategic partnerships [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% [1]. - The company recorded a net loss attributable to shareholders of 385 million RMB, which is an increase of 17.73% year-on-year [1]. Upcoming Events - WeRide is scheduled to disclose its mid-year report for the fiscal year 2025 on August 20, 2023, with the actual date subject to company announcements [1]. Company Overview - WeRide, established in 2017 and registered in the Cayman Islands, operates through its domestic entity and has conducted autonomous driving research, testing, and operations in 30 cities across 7 countries, accumulating over 1,600 operational days [1]. - The company is the only technology enterprise holding autonomous driving licenses in China, the United States, the UAE, and Singapore [1]. Product and Service Offerings - WeRide has entered the commercial operation phase of autonomous driving, leading in global revenue among similar enterprises, with a product matrix that includes Robotaxi, Robobus, Robovan, Robosweeper, and Advanced Driving Solutions [2]. - The company provides various services such as ride-hailing, on-demand public transport, urban freight, intelligent sanitation, 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, being the only Chinese company to make it into the top ten [2].
文远知行上涨3.31%，报8.9美元/股，总市值25.32亿美元