WeRide Inc. (WRD) Form 6-K — Oct 29, 2026
WeRide announced that on October 28, 2026 its wholly owned subsidiary Jingshuo, its data and world-model infrastructure business, signed a Capital Increase Agreement under which three external investors will subscribe RMB4,000,000 of registered capital for RMB70,000,000, valuing the unit on a standalone basis. Alongside the subscription, Jingshuo adopted an equity incentive scheme with a limit of ~28.98% of registered capital and made an initial grant of RMB18,285,714 of registered capital to three participants, including RMB8,000,000 each to the two founders, who are connected persons of WeRide.
Key figures
- Deal Value Usd
- RMB70,000,000 subscription price for 3.38% of Jingshuo
- Jingshuo loss 2025
- RMB(31.16) million
- Completion deadline
- December 31, 2026 (or later as agreed)
- Founder awards each
- RMB8,000,000 registered capital at par consideration
- Initial awards grant
- RMB18,285,714 registered capital (~53.33% of scheme limit)
- Jingshuo revenue 2025
- RMB187.1 million (unaudited)
- Jingshuo dilution to we Ride
- 100.00% to ~67.63% (deemed disposal of 32.37%)
- Jingshuo revenue 2024 partial
- RMB59.96 million (Sep 20, 2024 - Dec 31, 2024)
- Jingshuo net assets jun30 2026
- RMB24.46 million
- Equity incentive platform subscription
- RMB16,000,000 (~13.53%)
- Jingshuo equity incentive scheme limit
- RMB34,285,714 registered capital (~28.98%)
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.