WeRide Guangzhou entity raises registered capital to RMB 5 billion
AI summary
36Kr, citing the Tianyancha app, reported that Guangzhou WeRide Technology Co., Ltd. recently increased its registered capital from RMB 4.5 billion to RMB 5 billion, a rise of about 11%. Founded in January 2018, the company is wholly owned by WeRide HongKong Limited. Its registered business scope includes basic and applied AI software development and AI hardware sales.
In-depth insight
The reported change adds RMB 500 million to the entity’s registered capital, but the reports do not specify how the additional capital will be used.
文远知行增资至50亿，增幅约11%-36氪
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#WeRide#Guangzhou WeRide Technology Co., Ltd.#WeRide HongKong Limited