With the increasing development of science and technology, the strength of Chinese enterprises is becoming stronger and stronger, and Chinese brands are gradually going overseas to explore more overseas business opportunities. As an enterprise focusing on the innovation and development of autonomous driving, WeRide has been recognized globally for its strong technical content and superior market performance. Recently, WeRide once again received good news and was listed on the "2024 Forbes Chinese Intelligent Technology Enterprise TOP 50" list, which fully proves WeRide's strong capabilities in technology and innovation.
In fact, in the first half of 2024, Wenyuan Xingzhi has won many excellent awards.
On April 9, WeRide was successfully listed on the "2024 Global Unicorn List" released by the Hurun Research Institute with its strong capabilities in autonomous driving technology, ranking 157th, and has entered the "World Unicorn" list for four consecutive years. On March 25, the 2024 Automotive Supply Chain New Ecology Seminar hosted by China Automotive News was successfully held in Shenzhen, and WeRide was awarded the title of "World Automotive Supply Chain Ecological Partner". In addition, at a unicorn summit held in Chongqing, China on June 16, Great Wall Strategy released a "China Unicorn Enterprise Research Report 2024", revealing the latest pattern of China's unicorn enterprise development. In the first half of 2024, WeRide won 16 major awards, successfully setting an example for Chinese companies to promote overseas.
Founded in 2017, WeRide has conducted in-depth research on the core technologies in the field of autonomous driving, and has a complete set of software and hardware systems, forming five product lines: self-driving taxis, self-driving minibuses, self-driving trucks, self-driving sanitation vehicles, and high-end intelligent driving. As one of the leaders in the field of autonomous driving in China, WeRide has made outstanding achievements in overseas journeys, and has won wide recognition and cooperation in overseas markets with its autonomous driving technology and rich business operation experience.
At the same time, WeRide is also constantly expanding cooperation and communication with domestic and foreign enterprises and organizations, and has established long-term strategic partnerships with many of the world's top automobile manufacturers and first-tier manufacturers, including Renault, Nissan, Mitsubishi, Yutong, Bosch, GAC, etc. In addition to obtaining the world's leading scientific and technological resources and market discourse, WeRide has also further expanded its overseas influence, which has laid a good foundation for the development of domestic autonomous driving technology overseas. WeRide is the only technology company in the world that has an autonomous driving license in China, the United States, the United Arab Emirates and Singapore, and in the process of applying for a license, the company needs to submit technical information and test results, and undergo special review and evaluation, so obtaining a license is an affirmation of technical capabilities. At present, WeRide has carried out the R&D, testing and operation of autonomous driving, including smart travel, smart freight, smart sanitation and other fields, and the leading level of these technologies and their research results have not only enhanced the company's core competitiveness in overseas markets, but also created an excellent image for Chinese enterprises in the world.
On July 1, WeRide launched its first autonomous driving project in Dongguan, and relevant information shows that WeRide cooperated with Dongguan Binhaiwan Branch and Dongguan Binhaiwan Public Management Service Co., Ltd. to jointly carry out the smart sanitation and cleaning project in Dongguan Binhaiwan area. On July 3, WeRide once again announced that after more than a month of preparation and trial operation, WeRide's self-driving minibus was loaded with the first flight of passengers, departing from Resorts World Sentosa Equarius Hotel to Resorts World Sentosa, marking the official opening of Singapore's first pre-installed mass production public road L4 autonomous minibus manned operation route.
WeRide's achievements in global deployment have fully demonstrated its leading edge. In the process of globalization, the overseas expansion strategy of Chinese brands has become increasingly prominent, and WeRide's achievements in overseas markets are particularly noteworthy, providing Chinese brands with a feasible business model and a replicable path. We have reason to believe that WeRide will continue to leverage its technological advantages to play a key role in the overseas model, which in turn will have a profound impact on the development of China's global brand." In the future, the deep integration of intelligent network technology and new energy vehicles will reshape the role of autonomous vehicles, making them the core of urban transportation and subverting traditional travel modes. WeRide is using its own practical actions to lead the autonomous driving industry in China and the world to move towards a smarter and safer direction.