WeRide Inc. announces Dr. Tony Han's three-year lock-up on shares amid strong financial growth and upcoming Hong Kong IPO.
Quiver AI Summary
WeRide Inc., a leader in autonomous driving technology, announced that Dr. Tony Han, the Founder, Chairman, and CEO, has committed to a three-year lock-up on his shares starting October 28, 2025. This commitment underscores his confidence in WeRide's long-term growth and aims to bolster shareholder trust. The announcement comes alongside the launch of WeRide’s Hong Kong Initial Public Offering (HKIPO), planning to issue 88,250,000 shares ahead of its anticipated listing on the Hong Kong Stock Exchange on November 6, 2025. Major investors like Uber and Bosch have shown interest in participating as anchor investors. WeRide, which operates with a global fleet of over 1,500 autonomous vehicles and has achieved significant revenue growth, is focused on advancing the commercialization of its technology.
Potential Positives
- Dr. Tony Han's commitment to a three-year lock-up period demonstrates confidence in WeRide's long-term growth and reinforces shareholder trust.
- WeRide is launching its Hong Kong Initial Public Offering (HKIPO), signaling a strategic expansion and increased visibility in international markets.
- The participation of major tech companies like Uber, Grab, and Bosch as anchor investors indicates strong capital backing and collaborative opportunities for WeRide.
- WeRide reported a significant 60.8% year-over-year revenue growth in Q2 2025, highlighting its accelerating commercial momentum and strong market demand.
Potential Negatives
- Dr. Tony Han's commitment to a three-year lock-up on his shares may raise concerns among investors about liquidity and the ability to respond to market dynamics.
- The voluntary lock-up could signal a lack of confidence in the stock's short-term performance, potentially leading to negative sentiment among current and prospective investors.
- Despite strong financial results, the reliance on a lock-up period and significant involvement of strategic investors may indicate vulnerabilities in the company's independent market strength.
FAQ
What is WeRide's recent commitment regarding share ownership?
Dr. Tony Han has voluntarily committed to a three-year lock-up of his shares, effective October 28, 2025.
What does the lock-up period entail for Dr. Han?
During the lock-up period, Dr. Han cannot sell, transfer, or otherwise dispose of his shares, except as required by law.
What is the significance of WeRide's Hong Kong Initial Public Offering?
The HKIPO aims to issue 88,250,000 Offer Shares and is a key step in WeRide's global expansion strategy.
Who are the anchor investors in WeRide's HKIPO?
Prominent investors include Uber, Grab, and Bosch, signaling strong market confidence and potential collaboration opportunities.
What are WeRide's recent financial performance highlights?
In Q2 2025, WeRide reported a 60.8% year-over-year revenue growth, with Robotaxi revenue growing 836.7% year-over-year.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WRD Hedge Fund Activity
We have seen 1 institutional investors add shares of $WRD stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CONCURRENT INVESTMENT ADVISORS, LLC added 3,975 shares (+11.0%) to their portfolio in Q3 2025, for an estimated $39,352
- BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
- CORECAP ADVISORS, LLC added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
- FENGHE FUND MANAGEMENT PTE. LTD. added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WRD Analyst Ratings
Wall Street analysts have issued reports on $WRD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 09/29/2025
To track analyst ratings and price targets for $WRD, check out Quiver Quantitative's $WRD forecast page.
$WRD Price Targets
Multiple analysts have issued price targets for $WRD recently. We have seen 2 analysts offer price targets for $WRD in the last 6 months, with a median target of $13.75.
Here are some recent targets:
- Jeff Chung from Citigroup set a target price of $15.5 on 09/29/2025
- Paul Gong from UBS set a target price of $12.0 on 08/04/2025
Full Release
NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader in autonomous driving technology, today announced that Dr. Tony Han, Founder, Chairman of the Board and CEO of the Company, has voluntarily committed to a three-year lock-up , effective as of October 28, 2025, covering all shares of the Company’s share capital or securities convertible into, exchangeable, or exercisable for any share of the Company’s share capital directly or indirectly owned or controlled by him (the “Shares”).
During the lock-up period, Dr. Han will not sell, transfer, pledge, or otherwise dispose of any of the Shares, except as may be required by applicable law.
“I am fully committed to WeRide’s long-term vision and global expansion,” said Dr. Han. “This commitment reflects my confidence in the Company’s fundamentals and long-term growth, and will further reinforce long-term shareholder confidence and support sustainable value creation.”
This announcement follows WeRide’s launch of its Hong Kong Initial Public Offering (HKIPO) today under the stock code 0800. The Company plans to issue 88,250,000 Offer Shares in the transaction (pre-greenshoe), ahead of its 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 ).
As part of WeRide’s HKIPO, strategic players including Uber , Grab and Bosch have indicated demand to participate as anchor investors . The participation of these tech giants not only provides strong capital backing, but signals deep collaboration across technology, markets, ecosystem, and global operations to advance large-scale commercialization of WeRide's autonomous vehicles. The Company had also previously received strategic investments from global top-tier industry partners such as Uber, NVIDIA, Bosch, and Renault-Nissan.
WeRide is the only tech company with vehicles holding autonomous driving permits in 7 countries. Its vehicles have been deployed in over 30 cities across 11 countries , including China, the UAE, Saudi Arabia, Switzerland, France, Singapore and Japan. The Company currently has a global fleet of over 1,500 AVs and more than 700 Robotaxis .
Reflecting the Company’s rapid growth and increasing market traction, WeRide posted strong financial results for Q2 2025:
-
Total revenue grew 60.8% year-over-year (YoY) to RMB127.2 million (US$17.8 million) in 2Q2025, demonstrating undisputed and accelerating commercial momentum.
- 2Q2025 Robotaxi revenue grew 836.7% YoY to RMB45.9 million (US$6.4 million) in 2Q2025, the highest-ever quarterly Robotaxi revenue since Company inception;
- The highest quarterly Robotaxi revenue concentration since 2021, with 36.1% of total revenue in 2Q2025 from Robotaxi business;
- Gross Profit grew 40.6% YoY to RMB35.7 million (US$5.0 million) in 2Q2025, with an industry-leading margin of 28.1%.
About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 30 cities across 11 countries. We are also the first and only technology company whose products have received autonomous driving permits in seven markets: China, the UAE, Singapore, France, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune’s 2025 Change the World and 2025 Future 50 lists. For more information, please visit
https://www.weride.ai
.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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