WeRide Inc.(US:WRD) Sou Hu Cai Jing·2025-10-15 09:01Core Insights - WeRide Inc. (文远知行) plans to issue up to 102,428,200 overseas listed ordinary shares and has received approval for listing on the Hong Kong Stock Exchange [1][2] - The company was the first global autonomous driving company to list on NASDAQ under the ticker "WRD" on October 25, 2024, marking a significant milestone in the industry [3] Financial Performance - In Q2 2025, WeRide reported revenue of 127 million yuan, a year-on-year increase of 60.8% [5] - The Robotaxi business generated revenue of 45.9 million yuan in Q2, a substantial year-on-year growth of 836.7%, setting a new quarterly record since the company's inception [5] - The proportion of Robotaxi revenue in total revenue rose to 36.1%, the highest since Q1 2021 [5] - Gross profit increased by 40.6% year-on-year, indicating steady growth [5] Business Expansion - WeRide has deployed multiple products, including Robobus and Robotaxi, in Singapore and formed a strategic partnership with Grab to integrate its autonomous vehicles into Grab's operational network [5] - In the Middle East, WeRide signed a five-year agreement with Uber to expand services to 15 additional cities, including Dubai and Riyadh, and obtained the first autonomous driving license in Saudi Arabia [6] - In Europe, WeRide has begun deploying Robobus in Spain, France, and Belgium, and has secured autonomous driving licenses in these countries [8] Global Presence - WeRide operates autonomous driving research, testing, and operations in 30 cities across 11 countries, making it the only technology company with autonomous driving licenses in China, UAE, Singapore, France, the US, Saudi Arabia, and Belgium [10] - The company is leveraging its technological advancements and efficient commercialization to redefine industry standards and is expected to strengthen its leadership position in the global autonomous driving sector [10]