NEW YORK, Oct. 28, 2025 — WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a leading global entity in autonomous driving technology, announced today that Dr. Tony Han, its Founder, Chairman of the Board, and CEO, has voluntarily committed to a **three-year lock-up**. This commitment, effective October 28, 2025, covers all shares of the Company’s capital stock or securities convertible into, exchangeable for, or exercisable for any shares of the Company’s capital stock directly or indirectly owned or controlled by him (referred to as the “Shares”).
Throughout this lock-up period, Dr. Han is restricted from selling, transferring, pledging, or otherwise disposing of any of the Shares, unless mandated by applicable law.
“My commitment to WeRide’s long-term vision and global expansion is absolute,” stated Dr. Han. “This pledge underscores my confidence in the Company’s core strengths and potential for sustained growth, aiming to further solidify long-term shareholder confidence and foster enduring value creation.”
This declaration coincides with WeRide’s initiation of its **Hong Kong Initial Public Offering (HKIPO)** today, under the stock code **0800**. The Company intends to issue 88,250,000 Offer Shares in this transaction (prior to greenshoe exercise), anticipating its listing on the Hong Kong Stock Exchange (HKEX) on **November 6, 2025**. Post-listing, WeRide will operate under a dual primary listing framework (NASDAQ: WRD, 0800.HK).
As part of WeRide’s HKIPO, prominent strategic participants including **Uber**, **Grab**, and **Bosch** have signaled their intention to **invest as anchor investors**. The involvement of these technology sector leaders not only provides substantial capital backing but also signifies deep cooperative efforts across technology, market penetration, ecosystem development, and global operations, all aimed at accelerating the large-scale commercialization of WeRide’s autonomous vehicles. The Company has previously secured strategic investments from top-tier global industry partners such as Uber, NVIDIA, Bosch, and Renault-Nissan.
WeRide stands as the sole technology company whose vehicles hold **autonomous driving permits in 7 countries**. Its vehicles have been deployed in **over 30 cities across 11 countries**, encompassing China, the UAE, Saudi Arabia, Switzerland, France, Singapore, and Japan. The Company currently manages a worldwide fleet exceeding **1,500 AVs** and more than **700 Robotaxis**.
Demonstrating the Company’s rapid expansion and increasing market engagement, WeRide reported robust financial outcomes for Q2 2025:
- Total revenue surged by 60.8% year-over-year (YoY) to RMB127.2 million (US$17.8 million) in 2Q2025, showcasing undeniable and accelerating commercial momentum.
- Robotaxi revenue for 2Q2025 escalated by 836.7% YoY to RMB45.9 million (US$6.4 million), marking the highest quarterly Robotaxi revenue since the Company’s inception;
- This quarter also saw the highest concentration of Robotaxi revenue since 2021, with 36.1% of total revenue in 2Q2025 originating from the Robotaxi business;
- Gross Profit increased by 40.6% YoY to RMB35.7 million (US$5.0 million) in 2Q2025, maintaining an industry-leading margin of 28.1%.
About WeRide
WeRide is recognized as a global frontrunner and an early innovator in the autonomous driving sector, as well as the pioneering publicly traded Robotaxi company. Our autonomous vehicles have undergone testing or operations in more than 30 cities across 11 countries. Furthermore, we are the first and only technology company to have secured autonomous driving permits in seven distinct markets: China, the UAE, Singapore, France, Saudi Arabia, Belgium, and the US. Leveraging the intelligent, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide delivers autonomous driving products and services ranging from L2 to L4, addressing diverse transportation requirements within the mobility, logistics, and sanitation industries. WeRide was honored on Fortune’s 2025 Change the World and 2025 Future 50 lists. For additional details, please visit .
Safe Harbor Statement
This press release contains declarations that may constitute “forward-looking” statements as defined by the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are identifiable by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Statements that are not historical facts, including those concerning WeRide’s beliefs, plans, and expectations, are considered forward-looking statements. Forward-looking statements inherently involve risks and uncertainties. Further information regarding these and other risks can be found in WeRide’s filings with the U.S. Securities and Exchange Commission. All information presented in this press release is current as of its publication date. WeRide assumes no obligation to update any forward-looking statement, except as mandated by applicable law.
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