Ge Long Hui·2025-12-22 10:33Core Viewpoint - The stock of WeRide (文远知行) rose nearly 6% in Hong Kong, leading to a more than 3% pre-market increase in its US shares, following the announcement of the first batch of L3 level conditional autonomous driving vehicle permits in China [1] Group 1: Company Developments - WeRide is a global leader in L4 level autonomous driving products and solutions, accelerating the commercialization of its L4 products [1] - On November 20, WeRide's Robotaxi received a fully unmanned license from the Swiss Federal Roads Office, marking a significant milestone for the company [1] - WeRide is notable for holding autonomous driving licenses in eight countries, including Switzerland, China, UAE, Saudi Arabia, Singapore, France, Belgium, and the United States [1] Group 2: Industry Context - The recent approval of L3 level autonomous driving vehicle permits in China includes models from Changan and Arcfox, indicating a growing regulatory framework for autonomous vehicles in the country [1]