WeRide announces financial data and continues to invest in R&D

WeRide announced its financial data from 2021 to 2023, with revenues of 138 million yuan, 528 million yuan, and 402 million yuan, respectively, and net losses of 1.007 billion yuan, 1.299 billion yuan, and 1.949 billion yuan, respectively. Adjusted net losses were 427 million yuan, 402 million yuan, and 502 million yuan, respectively, and R&D expenses were 443 million yuan, 759 million yuan, and 1.058 billion yuan, respectively. In the first half of 2024, WeRide's operating income was 150 million yuan, its net loss was 882 million yuan, its adjusted net loss was 316 million yuan, and its R&D expenses were 517 million yuan.