WeRide Inc. SEC Filings

WeRide Inc. launched a global primary offering of 88,250,000 Class A ordinary shares at HK$27.1 per share. The offer comprises an international tranche of 83,837,500 shares and a Hong Kong public offering of 4,412,500 shares. Gross proceeds total HK$2,391,575,000, with proceeds before expenses of HK$2,319,827,750 and estimated net proceeds of approximately HK$2,264.3 million.

The company granted international underwriters an option to buy up to 13,237,500 additional shares. Each ADS represents three Class A ordinary shares; ADSs trade on Nasdaq as “WRD.” Approval‑in‑principle was granted for a Hong Kong listing under stock code “0800,” with delivery expected on or about November 6, 2025.

WeRide plans to use the net proceeds roughly as follows: 40% (HK$905.8 million) for its autonomous driving technology stack; 40% (HK$905.8 million) to accelerate L4 fleet production/operations; 10% (HK$226.4 million) for market expansion and marketing; and 10% (HK$226.4 million) for working capital. After the offering, 956,020,146 Class A and 54,814,423 Class B shares will be outstanding, assuming no exercise of the option.

WeRide Inc. furnished a Form 6-K that incorporates underwriting-related exhibits into its existing shelf and employee plan registrations. The filing states that Exhibits 1.1 and 1.2 are incorporated by reference into the company’s Form S-8 (No. 333-286106) and Form F-3ASR (No. 333-291214) as of the filing date.

The exhibit index lists a Form of International Underwriting Agreement (Exhibit 1.1), a Hong Kong Underwriting Agreement dated October 27, 2025 (Exhibit 1.2), and a press release titled “WeRide Inc. Announces Pricing of Global Offering” (Exhibit 99.1). The 6-K is an administrative update aligning offering documentation and related disclosures with the company’s effective registration statements.

WeRide Inc. plans a primary global offering of 88,250,000 Class A ordinary shares, split between an international tranche of 83,837,500 shares and a Hong Kong public offering of 4,412,500 shares. The company has applied to list these shares on the Hong Kong Stock Exchange under stock code “0800”, while its ADSs (1 ADS = 3 Class A shares) trade on Nasdaq as WRD.

The company granted international underwriters an option to purchase up to 13,237,500 additional shares. Based on an indicative offer price of HK$35.0 per share, WeRide estimates net proceeds of approximately HK$2,932.1 million, to be used 40% for technology stack development, 40% to accelerate L4 fleet commercialization and operations, 10% for market expansion, and 10% for working capital.

After the offering, 956,020,146 Class A and 54,814,423 Class B shares will be outstanding, assuming no exercise of the option and based on 867,770,146 Class A and 54,814,423 Class B outstanding as of June 30, 2025. The filing highlights PRC regulatory risks, HFCAA-related audit inspection uncertainties, and governance details, including a three-year voluntary lock-up by founder Dr. Tony Xu Han.

WeRide Inc. (WRD) reported a major regulatory milestone. On October 31, 2025, the company was granted a federal-level license by the UAE’s Regulations Lab for fully driverless robotaxi commercial operations. The approval permits commercial service in the UAE without an on‑board safety driver and marks the first city‑level driverless robotaxi commercial operation outside the United States.

WeRide launched robotaxi service in Abu Dhabi in December 2024 and expanded in July 2025 to cover about half of the city’s core areas. The company currently operates more than 100 robotaxis in the Middle East, underscoring an expanding regional footprint supported by formal authorization for driverless operations.

WeRide Inc. filed a Form 6-K, furnishing an exhibit titled “WeRide Announces CEO’s Voluntary Lock-Up to Reinforce Long-Term Commitment as Company Launches Hong Kong IPO.” The filing states the company files annual reports under Form 20-F. The report was signed by Chief Financial Officer Jennifer Li.

WeRide Inc. filed a Form F-1 to conduct a Global Offering of 88,250,000 Class A ordinary shares. The deal comprises 83,837,500 shares for an international offering and 4,412,500 shares for a Hong Kong public offering. The Hong Kong public offering has a maximum offer price of HK$35.00 (US$4.50) per Class A share. Each ADS represents three Class A ordinary shares and is listed on Nasdaq under “WRD.”

WeRide has applied to list its Class A ordinary shares on the Hong Kong Stock Exchange under code “0800.” The underwriters have an option to purchase up to an additional 13,237,500 Class A shares. After completion, 956,020,146 Class A and 54,814,423 Class B shares will be outstanding, assuming no exercise of the option and based on 867,770,146 Class A and 54,814,423 Class B outstanding as of June 30, 2025. Class A has one vote per share; Class B has 40 votes per share. Founders will hold 69.64% of total voting power after the offering. The company highlights PRC-related legal and operational risks and potential HFCAA-related trading risks.

WeRide Inc. furnished a Form 6-K that includes an exhibit titled “Uber and WeRide Begin Offering Autonomous Robotaxi Passenger Rides in Saudi Arabia.” The filing signals a collaboration between the two companies to provide autonomous passenger rides in the Kingdom.

The notice is administrative in nature and does not include financial metrics or operating details. It highlights a geographic expansion of WeRide’s robotaxi service through coordination with Uber’s platform.