WeRide (WRD) Company Report

WeRide Inc. filed a monthly return for November 2025 detailing movements in its authorized share capital and issued shares.
The company's Class A ordinary shares were newly listed on the Main Board of The Stock Exchange of Hong Kong Limited on November 6, 2025.
As of November 30, 2025, the total authorized share capital was USD 50,000, comprising 4,500,000,000 Class A ordinary shares and 500,000,000 Class B ordinary shares, with no changes during the month.
The total number of issued Class A ordinary shares remained at 971,801,907 and Class B ordinary shares at 54,814,423 as of November 30, 2025, with no increase or decrease during the month.
During November 2025, 854,163 share options and 48,477 share awards under the 2018 Share Plan lapsed, with no new shares issued from option exercises and HKD 0 funds raised from option exercises. The company will not grant further share options or awards under this plan after the November 6, 2025 listing.

43 minutes ago

6-K

WeRide Reports Q3 2025 Financial Results and Global Operational Milestones

WRD

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

WeRide reported total revenue of RMB 171 million for Q3 2025, representing a 144% year-over-year growth. Robotaxi revenue grew 761% year-over-year to RMB 35 million, contributing 21% of total revenue.
The company achieved a gross profit of RMB 56 million, an 1,124% increase, with a 33% group-level gross margin. Net loss narrowed by 71% to RMB 307 million.
WeRide secured the world's first city-level fully driverless robotaxi commercial permit outside the United States in Abu Dhabi and launched a fully driverless fare-charging robotaxi service with Uber. The company aims to scale its Middle East fleet to over 500 vehicles by next year and tens of thousands by 2030.
By October, WeRide had L4 fleets in 11 countries and over 30 cities, operating more than 1,600 L4-level autonomous driving vehicles worldwide. Key expansions include receiving Switzerland's first driverless robotaxi license (with public service expected in H1 2026) and launching a 24/7 driverless commercial service in Guangzhou, China.
A RMB 100 million share repurchase program authorized in May has not yet been initiated due to a closed period related to its Hong Kong IPO and pending shareholder approval.

Nov 24, 2025, 1:00 PM

Transcript

WeRide Reports Strong Q3 2025 Revenue Growth and Global Robotaxi Expansion

WRD

Earnings

New Projects/Investments

Share Buyback

WeRide reported Q3 2025 total revenue of RMB 171 million, marking a 144% year-over-year growth, while its net loss narrowed by 71% to RMB 307 million.
The company is significantly expanding its global robotaxi operations, with over 100 vehicles in the Middle East and plans to scale to 500+ by next year in Abu Dhabi, alongside securing the first driverless robotaxi license in Switzerland for a H1 2026 public service launch.
In China, WeRide has deployed over 300 robotaxis in Guangzhou and 100+ in Beijing as of October, and launched 24/7 driverless commercial service in Guangzhou.
WeRide's WePilot 3.0 L2+ ADAS system began production in November with Bosch, set to debut in Chery Exeed models and adopted by GAC, demonstrating the company's dual flywheel strategy of leveraging L2++ and L4 technologies.
A $100 million share repurchase program authorized in May has not been initiated due to a closed period related to the Hong Kong IPO and pending shareholder approval.

Nov 24, 2025, 1:00 PM

Transcript

WeRide Reports Strong Q3 2025 Revenue Growth and Global Driverless Robotaxi Expansion

WRD

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

WeRide achieved a significant milestone in Q3 2025 by securing the world's first city-level fully driverless robotaxi commercial permit outside the United States in Abu Dhabi, initiating operations through Uber. This development is crucial for achieving unit economic breakeven by removing the need for in-car safety officers.
The company reported RMB 171 million in total revenue for Q3 2025, representing a 144% year-over-year growth, with product revenue increasing 428% to RMB 79 million and service revenue growing 67% to RMB 92 million. Robotaxi revenue alone surged 761% year-over-year to $35 million.
Gross profit for Q3 2025 increased 1,124% to $56 million, resulting in a 33% gross margin. The net loss narrowed significantly by 71% to RMB 307 million.
WeRide continues its global expansion, holding autonomous driving permits in eight countries and operating L4 fleets in 11 countries and over 30 cities with more than 1,600 L4-level autonomous driving vehicles by October. Key markets include the Middle East (Dubai, Riyadh), Singapore, Switzerland, and China, where it operates 300+ robotaxis in Guangzhou and 100+ in Beijing.
The company plans to replicate its "Abu Dhabi model" globally, aiming for 24/7 service and over 25 trips per vehicle per day to achieve strong profitability and scale its fleet to over 500 vehicles by next year in the Middle East and tens of thousands by 2030.

Nov 24, 2025, 1:00 PM

Transcript

WeRide Inc. Announces Q3 2025 Financial Results and Global Expansion Milestones

WRD

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

WeRide Inc. reported total revenue of RMB171.0 million (US$24.0 million) for Q3 2025, marking a 144.3% year-over-year growth, with robotaxi revenue surging 761.0% YoY to RMB35.3 million (US$5.0 million).
The company achieved a gross profit of RMB56.3 million (US$7.9 million) in Q3 2025, with its gross profit margin expanding to 32.9% from 6.5% in the prior year period.
WeRide's net loss for Q3 2025 was RMB307.3 million (US$43.2 million), resulting in a basic and diluted net loss per ADS of RMB1.02 (US$0.15).
Operationally, WeRide secured a city-level fully driverless robotaxi commercial permit in Abu Dhabi and now has autonomous vehicles licensed in eight countries. The company also completed its dual primary listing on the Hong Kong Stock Exchange on November 6, 2025.

Nov 24, 2025, 11:05 AM

6-K

WeRide Inc. Reports 1H 2025 Financials and Operational Expansion

WRD

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

WeRide Inc. reported revenue of RMB199.6 million (US$27.9 million) for the six months ended June 30, 2025, an increase from RMB150.3 million in the prior year period, though the company recorded a loss of RMB791.5 million (US$110.5 million) for the same period.
The company maintains a first-mover advantage in L4 autonomous driving solutions across multiple overseas markets, including France, Switzerland, Belgium, Singapore, and the UAE, and plans to expand its robotaxi fleet significantly.
As of August 31, 2025, WeRide had an order backlog valued at approximately RMB660 million, with RMB260 million anticipated for delivery in 2025.
Gross profit for the six months ended June 30, 2025, was RMB61.1 million (US$8.5 million), with a gross margin of 30.6%, primarily due to a decrease in service gross margin.
WeRide's cash and cash equivalents totaled RMB3,836.1 million (US$535.5 million) as of June 30, 2025, which is deemed sufficient to cover working capital and capital expenditures for at least the next 12 months.

Nov 3, 2025, 11:25 AM

6-K

WeRide Inc. granted federal license for driverless robotaxi operations in UAE

WRD

New Projects/Investments

WeRide Inc. has been granted a federal level license by Regulations Lab under the UAE federal government for fully driverless robotaxi commercial operations.
This license permits WeRide's robotaxis to operate commercially without an on-board safety driver in the UAE, representing the first city-level driverless robotaxi commercial operation outside the United States.
WeRide launched robotaxi commercial service in Abu Dhabi in December 2024, expanded coverage in July 2025, and currently operates more than 100 robotaxis in the Middle East.

Oct 31, 2025, 1:07 PM

6-K

WeRide Inc. Announces CEO Share Lock-Up and Hong Kong IPO Launch

WRD

New Projects/Investments

Revenue Acceleration/Inflection

WeRide Inc.'s CEO, Dr. Tony Han, has voluntarily committed to a three-year lock-up of all shares directly or indirectly owned or controlled by him, effective October 28, 2025, to reinforce his long-term commitment to the company.
The company launched its Hong Kong Initial Public Offering (HKIPO) on October 28, 2025, under the stock code 0800, with an anticipated listing on the Hong Kong Stock Exchange (HKEX) on November 6, 2025.
Upon listing, WeRide will operate under a dual primary listing structure (NASDAQ: WRD, 0800.HK).
Strategic players including Uber, Grab, and Bosch have indicated demand to participate as anchor investors in the HKIPO.
WeRide reported strong financial results for Q2 2025, with total revenue growing 60.8% year-over-year to RMB127.2 million (US$17.8 million) and Robotaxi revenue increasing 836.7% year-over-year to RMB45.9 million (US$6.4 million).

Oct 28, 2025, 12:25 PM

6-K

WeRide and Uber Launch Autonomous Robotaxi Service in Saudi Arabia

WRD

Product Launch

New Projects/Investments

WeRide Inc. and Uber Technologies, Inc. have commenced offering autonomous Robotaxi passenger rides in Riyadh, Saudi Arabia, marking the first time autonomous vehicles are publicly available on the Uber platform in the country.
The service operates on dedicated routes between Roshn Front and Princess Noura University, initially including a vehicle operator with plans to transition to fully driverless operations.
This initiative, endorsed by the Transport General Authority (TGA), aligns with Saudi Arabia's Vision 2030 and follows WeRide being granted Saudi Arabia's first Robotaxi autonomous driving permit.

Oct 27, 2025, 10:16 AM

6-K

WeRide Inc. Reports Six-Month 2025 Financial Results

WRD

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

WeRide Inc. reported total revenue of RMB 199,615 thousand for the six months ended June 30, 2025, an increase from RMB 150,298 thousand for the same period in 2024.
The company's loss for the period narrowed to RMB (791,517) thousand for the six months ended June 30, 2025, compared to a loss of RMB (881,700) thousand in the prior year period.
Cash and cash equivalents decreased to RMB 3,836,137 thousand as of June 30, 2025, from RMB 4,268,300 thousand as of December 31, 2024.
In a subsequent event, Grab Inc. committed to an equity investment of US$15 million in August 2025, which is expected to be completed by the first half of 2026.

Oct 21, 2025, 12:37 PM

6-K

Earnings Transcripts

Quarterly earnings call transcripts for WeRide.

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