Core Insights - The company WeRide, known as the "first global Robotaxi stock," has officially entered the Hong Kong stock market listing phase after passing the Hong Kong Stock Exchange hearing, aiming to establish a dual capital platform of "U.S. stocks + Hong Kong stocks" to solidify its leading position in the trillion-dollar autonomous driving market [1] - WeRide has achieved significant barriers in its global layout, having obtained autonomous driving licenses in seven countries, including China, the U.S., France, the UAE, Singapore, Saudi Arabia, and Belgium, and operates in 30 cities across 11 countries with over 2,200 days of safe operation [1] - The company has made breakthroughs in autonomous ride-hailing technology, with predictive algorithms maintaining an average prediction error of less than 0.2 meters and accurately predicting 97% of bicycle and 98% of car encroachments [1] Cost Reduction and Commercialization - The significant reduction in costs has accelerated the scaling of operations, with the price of LiDAR dropping from tens of thousands of dollars to thousands of yuan, and WeRide's self-developed "WeRide One" platform further lowering algorithm costs [2] - In Q2, WeRide reported revenue of 127 million yuan, a year-on-year increase of 60.8%, with autonomous ride-hailing business revenue reaching 45.9 million yuan, a staggering increase of 836.7%, marking the highest quarterly revenue since the company's inception [2] - WeRide has also received approval to conduct nighttime autonomous driving road tests in Beijing, moving towards establishing a "24/7" all-weather service network, indicating a critical step towards large-scale operations in the trillion-dollar blue ocean market [2]