Core Viewpoint - The company, WeRide, has set the final offer price for its international and Hong Kong public offering at HKD 27.10 per share, with plans to use the proceeds for various strategic initiatives [1] Summary by Categories Offering Details - The total expected proceeds from the global offering, before underwriting fees and expenses, is approximately HKD 2.392 billion, assuming the over-allotment option is not exercised [1] - The company has granted an over-allotment option to international underwriters, allowing them to request the issuance of up to 13,237,500 additional shares, representing no more than 15% of the initially available shares for subscription [1] Use of Proceeds - Approximately 40% of the net proceeds will be allocated to the development of the autonomous driving technology stack, including infrastructure, core capabilities, data, and operational platforms [1] - Another 40% will be used to accelerate the commercialization and mass production of the L4 fleet, enhancing the quality of autonomous driving products and solutions, and expanding business scale over the next five years [1] - About 10% of the net proceeds will be invested in establishing necessary marketing teams and branches to expand into existing and new markets, as well as funding marketing activities over the next five years [1] - The remaining 10% will be allocated for working capital and general corporate purposes [1]