WeRide Inc.(US:WRD) Sou Hu Cai Jing·2025-11-06 12:46Core Insights - WeRide officially listed on the Hong Kong Stock Exchange on November 6, 2023, becoming the first Robotaxi stock in Hong Kong and the first autonomous driving technology company to be dual-listed on both Nasdaq and Hong Kong [1][3] Group 1: Listing Details - WeRide's global offering consisted of 88.25 million shares, with 17.65 million shares allocated for public offering and 70.6 million shares for international placement, priced at HKD 27.1 per share, raising a total of HKD 2.39 billion before the greenshoe option [3][5] Group 2: Company Overview - Founded in 2017, WeRide aims to transform human mobility through autonomous driving and holds autonomous driving licenses in seven countries, including China, UAE, Singapore, France, the USA, Saudi Arabia, and Belgium, conducting R&D, testing, and operations in over 30 cities across 11 countries [5] - WeRide has developed a product matrix that includes autonomous taxis, minibuses, freight vehicles, sanitation vehicles, and advanced intelligent driving, covering smart mobility, smart freight, and smart sanitation applications [5] Group 3: Market Position and Achievements - WeRide has made significant progress in the commercialization of Level 4 autonomous driving, with Robotaxi services operating in Guangzhou and Beijing, providing 24/7 autonomous services at transportation hubs [5] - In key markets such as the Middle East and Singapore, WeRide maintains a lead of at least 18 months over competitors, and in European countries like France, Switzerland, and Belgium, it is the only company to have commercially deployed Level 4 fleets [5]