Jiajie Shen

Liping Zhao

Olivia Niu

Tianyu Liu

Tim Hsiao

Xinyu Feng

Wu Tianyu

- 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.  **[1867729_0001171843-25-006695_exh_991.htm:0]** 
- 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**.  **[1867729_0001171843-25-006695_exh_991.htm:0]** 
- Upon listing, WeRide will operate under a **dual primary listing structure** (NASDAQ: WRD, 0800.HK).  **[1867729_0001171843-25-006695_exh_991.htm:0]** 
- Strategic players including **Uber, Grab, and Bosch** have indicated demand to participate as anchor investors in the HKIPO.  **[1867729_0001171843-25-006695_exh_991.htm:0]** 
- 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)**.  **[1867729_0001171843-25-006695_exh_991.htm:1]**

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

- **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.  **[1867729_0001104659-25-102273_tm2529516d1_ex99-1.htm:0]** 
- 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.  **[1867729_0001104659-25-102273_tm2529516d1_ex99-1.htm:0]** 
- 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**.  **[1867729_0001104659-25-102273_tm2529516d1_ex99-1.htm:0]**

WeRide and Uber Launch Autonomous Robotaxi Service in Saudi Arabia

- 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.  **[1867729_0001104659-25-101039_wrd-20251021xex99d1.htm:0]** 
- 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.  **[1867729_0001104659-25-101039_wrd-20251021xex99d1.htm:0]** 
- **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.  **[1867729_0001104659-25-101039_wrd-20251021xex99d1.htm:9]** 
- 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.  **[1867729_0001104659-25-101039_wrd-20251021xex99d1.htm:9]**

WeRide Inc. Reports Six-Month 2025 Financial Results

- WeRide has significantly expanded its international presence in 2025, securing **Saudi Arabia's first robotaxi autonomous driving permit** in July 2025 and **Belgium's first federal test permit for a Level 4 autonomous shuttle** in September 2025, making it the only technology company with autonomous driving permits in seven countries.  **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:1]** **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:229]** 
- The company expanded its strategic partnership with Uber in May 2025 to add **15 additional cities globally** over the next five years and secured a **US$100 million equity investment** from Uber, expected to close by the fourth quarter of 2025.  **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:1]**  Additionally, Grab committed to a strategic equity investment as part of a partnership to deploy L4 robotaxis in Southeast Asia.  **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:1]** 
- WeRide reported an increase in total revenue for the six months ended June 30, 2025, reaching **RMB199.6 million (US$27.9 million)**, up from RMB150.3 million for the same period in 2024.  **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:258]** 
- As of June 30, 2025, cash and cash equivalents stood at **RMB3,836,137 thousand (US$535,504 thousand)**, while net cash used in operating activities for the six months ended June 30, 2025, was **RMB663.4 million (US$92.6 million)**.  **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:308]** 
- Total indebtedness increased to **RMB348,501 thousand (US$48,649 thousand)** as of August 31, 2025, from RMB246,817 thousand (US$34,454 thousand) as of June 30, 2025.  **[1867729_0001104659-25-101037_tm2528982d1_ex99-1.htm:313]**

WeRide Inc. Announces International Expansion, Strategic Investments, and Financial Updates

- WeRide Inc.'s Robobus received **Belgium's first federal test permit** for a Level 4 autonomous shuttle on **September 19, 2025**.  **[1867729_0001171843-25-005968_exh_991.htm:0]** 
- This approval positions WeRide as the **only technology company globally** with autonomous driving permits in **seven countries**.  **[1867729_0001171843-25-005968_exh_991.htm:0]** 
- The permit enables public road testing in Belgium, with a pilot autonomous shuttle service scheduled from **mid-November through January 2026**, marking Belgium's **first commercial deployment** of autonomous vehicles in mixed traffic.  **[1867729_0001171843-25-005968_exh_991.htm:0]**

WeRide (WRD)