Wenyuan Zhixing's US stock IPO was registered by the China Securities Regulatory Commission to issue no more than 159 million shares

The Zhitong Finance App may have learned that on October 17, the China Securities Regulatory Commission issued a filing notice regarding the overseas issuance and listing of WeRide Inc. (Wenyuan Zhixing Company). Among them, it was mentioned that Wenyuan Zhixing Company plans to issue no more than 159,045,000 common shares and list it on the US NASDAQ Stock Exchange. Within 15 working days after completing the overseas issuance and listing, the company should report the issuance and listing status through the China Securities Regulatory Commission's filing management information system. Overseas distribution and listing has not been completed within 12 months from the date this filing notice is issued. Where it is intended to continue, the filing materials should be updated.

According to data, Wenyuan Zhixing WeRide was founded in 2017 and is the world's leading autonomous driving technology company. It has carried out autonomous driving R&D, testing and operation in 30 cities in 7 countries around the world, and is the only technology company that also has autonomous driving licenses from China, the United Arab Emirates, Singapore, and the United States. Wenyuan Zhixing has extensive practical experience in technology research and development, commercialization, and enterprise management, and has reached strategic partnerships with many of the world's top OEMs and tier-1 suppliers, including Renault Nissan Mitsubishi Alliance, Yutong Group, GAC Group, and Bosch.

Wenyuan Zhixing is committed to developing safe and reliable driverless technology. The application scenarios cover smart mobility, smart freight, and smart sanitation. It has entered the commercial operation stage of autonomous driving, forming five major product matrices, including autonomous taxis (Robotaxis), autonomous minibuses (Robobuses), autonomous freight vehicles (Robovan), autonomous sanitation vehicles (Robosweeper), and Advanced Driving Solution (Advanced Driving Solution), which provide various services such as online car-hailing, on-demand buses, in-city freight, intelligent sanitation, and advanced intelligent driving solutions.