Reported by Wang Ningning, a reporter from Dahe Caili in Shenzhen, the "world's first stock of universal autonomous driving" has been born. On October 25th, Eastern Time, Wenyuan Zhixing WeRide (stock code: WRD) was officially listed on the NASDAQ Stock Exchange, becoming the world's first Robotaxi stock.
Source text: Yuanzhixing Official WeChat
The reporter from Dahe Caifang learned that Wenyuan Zhixing's current public offering price is $15.5 per American Depositary Share. Assuming the underwriters exercise all their over allotment rights, the company will publicly issue a total of 8903760 American Depositary Shares. Combined with the previously disclosed synchronized private placement of $320 million, the total fundraising amount of Wenyuan Zhixing's public offering may reach $458.5 million.
Han Xu, founder and CEO of Wenyuan Zhixing, stated on the company's official WeChat account that after 7 years of hard work and perseverance, Wenyuan Zhixing has embarked on a new journey of development. The successful listing is a new starting point for them. Wenyuan Zhixing will continue to adhere to technological innovation and bring safe, comfortable, and convenient autonomous driving products and services to users in more countries and regions.
As a pioneer in the autonomous driving industry, in 2018, Wenyuan Zhixing teamed up with Guangzhou Public Transport Group Baiyun Company to launch the country's first L4 level autonomous driving taxi. Currently, the company has formed five product matrices in 30 cities across 7 countries worldwide, including autonomous taxis, autonomous minibuses, autonomous freight vehicles, autonomous sanitation vehicles, and advanced intelligent driving.
On the evening of October 15th, Wenyuan Zhixing officially released its new generation mass-produced Robotaxi GXR, attracting market attention. It is reported that the Wenyuan Zhixing Robotaxi GXR is equipped with innovative research and development achievements such as the company's new generation sensor suite Sensor Suite 5.6 and HPC 2.0 high-performance computing platform.
As a mass-produced Robotaxi model that focuses on the world's most spacious experience, the reporter noticed that the GXR has a length of 5.018 meters, a net height of 1.34 meters, and a wheelbase of 3.1 meters. It is the first to eliminate the passenger seat, front door, and sliding door that can be opened simultaneously to free up more interior space. Wenyuan Zhixing did not directly announce the launch date of GXR in the article, only revealing that after the official operation, passengers can check the GXR's operating area and place an order on the platform with just one click to experience it.