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Why WeRide Stock Plummeted Today

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Yutong Group, Qiming Venture Capital and others have expressed that they will not reduce their shareholding in Weiyuan Zhixing Stocks, and are bullish on the company's potential and value.

Global leading autonomous driving Technology company WeRide (Nasdaq: WRD) will have its original Shareholders' lock-up period on the stocks lifted on April 23. At this special juncture, LongBridge has learned that Yutong Group, Qiming Venture Capital, the Renault-Nissan-Mitsubishi Alliance, Bosch, Asia Capital, and Cornerstone Capital have all expressed their continued Bullish outlook on the company following the lifting and will not rush to reduce their Shareholding. WeRide was established in 2017 and successfully listed on the USA Nasdaq stock exchange on October 25, 2024, becoming the "Global first stock for general autonomous driving", "Global

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WeRide Inc. Appoints New Director Amid Board Reshuffle

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