WeRide-W (WRD.US, 00800.HK), recognized as the world's first listed Robotaxi and general-purpose autonomous driving company, announced that its founder and CEO Dr. Han Xu has signed a voluntary lock-up agreement. He pledged not to sell any of his shares in the company over the next three years, demonstrating the management's commitment to long-term growth and confidence in future value realization.

Earlier today, WeRide disclosed its Hong Kong IPO plans, with the subscription period running from October 28 to November 3 and listing scheduled for November 6 on the Hong Kong Stock Exchange. The company plans to issue 88.25 million shares globally, with 5% allocated to Hong Kong investors and 95% to international offerings. If the over-allotment option is fully exercised, the total fundraising could exceed $400 million.

Notably, WeRide's Hong Kong IPO has attracted reinvestment from global leaders including Uber, Southeast Asia's super-app Grab, and automotive supplier Bosch.

Financial reports show WeRide's Q2 revenue reached RMB 127 million, up 60.8% year-over-year, with its Robotaxi business surging 836.7% during the same period. The company holds the distinction of being the only autonomous driving firm with licenses across seven countries and operates a fleet of over 1,500 autonomous vehicles.