WeRide Inc.(US:WRD) Sou Hu Cai Jing·2025-10-28 13:48Group 1 - The company, Wenyan Zhixing-W (Nasdaq: WRD, 0800.HK), officially starts its IPO on October 28, planning to globally offer 88,250,000 shares, with expected fundraising exceeding $400 million if the overallotment option is fully exercised [2] - The IPO has attracted investments from major players including Uber, Grab, and Bosch, indicating strong market confidence [2] - The founder and CEO, Dr. Han Xu, has signed a voluntary lock-up agreement, committing not to sell shares for three years [2] Group 2 - Wenyan Zhixing operates over 1,500 autonomous vehicles, including more than 700 Robotaxis, and has a presence in over 30 cities across 11 countries [2] - The company is the only technology firm holding autonomous driving licenses in seven countries, including China, the US, UAE, Singapore, France, Saudi Arabia, and Belgium [2] - Wenyan Zhixing's Robotaxi has completed over 2,200 days of public commercial operation, accumulating approximately 55 million kilometers of autonomous driving mileage without regulatory penalties due to system failures since its public operation began in 2019 [2] Group 3 - According to Zhaoshang Consulting, Wenyan Zhixing is the only company to successfully deploy L4 autonomous vehicles in France, Switzerland, and Belgium [3] - In Singapore, Wenyan Zhixing is the sole company deploying both Robotaxi and Robobus autonomous driving technologies [3]