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Company Level Financial Position - Summary of Condensed Statements of Financial Position (Detail) ¥ in Thousands, $ in Millions	Dec. 31, 2024 CNY (¥)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2023 USD ($)
Condensed Financial Information Of Registrant [Line Items]
Subscription receivables.	¥ 0	¥ 43,924	$ 6.2
Reserves	2,946,715	2,110,151
Total (deficit)/equity	¥ 7,066,019	¥ (3,051,918)

Cover Page	12 Months Ended
Cover Page	Dec. 31, 2024 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Dec. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Registrant Name	WeRide Inc.
Entity Central Index Key	0001867729
Entity File Number	001-42213
Entity Incorporation, State or Country Code	E9
Current Fiscal Year End Date	--12-31
Entity Address, Address Line One	21st Floor, Tower A, Guanzhou Life Science Innovation Center
Entity Address, Address Line Two	No. 51, Luoxuan Road, Guangzhou International Biotech Island
Entity Address, City or Town	Guangzhou
Entity Address, Postal Zip Code	510005
Entity Address, Country	CN
Title of 12(b) Security	Class A ordinary shares, par value US$0.00001 per share
Trading Symbol	WRD
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	54,814,423
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	true
Auditor Name	KPMG Huazhen LLP
Auditor Firm ID	1186
Auditor Location	China
Business Contact [Member]
Document Information [Line Items]
Contact Personnel Name	Jennifer Xuan Li
Entity Address, Address Line One	21st Floor, Tower A, Guanzhou Life Science Innovation Center
Entity Address, Address Line Two	No. 51, Luoxuan Road, Guangzhou International Biotech Island
Entity Address, City or Town	Guangzhou
Entity Address, Postal Zip Code	510005
Entity Address, Country	CN
City Area Code	+86 (20)
Local Phone Number	2909-3388
Contact Personnel Email Address	jennifer.li@weride.ai

General Information and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2024

General Information And Basis Of Presentation [Abstract]

Schedule of cash flow statement

The following consolidated revenue, net loss and cash flow information for the year ended December 31, 2022, have been included in the accompanying consolidated financial statements.


	For the year ended December 31, 2022
	RMB’000
Revenue		181,539
Loss for the year		(188,961	)
Net cash used in operating activities		(68,652	)
Net cash used in investing activities		(15,876	)
Net cash used in financing activities		(638,252	)
Net decrease in cash		(722,780	)
Cash at the beginning of the year		764,207
Cash at the end of the year		41,427

Preferred shares and other financial instruments subject to redemption and other preferential rights (Tables)

12 Months Ended

Dec. 31, 2024

Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights [Abstract]

Summary of other financial instruments and convertible redeemable preferred shares


	As of December 31,
	2023
	RMB’000
Other financial instruments (Note 23(a))		138,938
Convertible redeemable preferred shares (Note 23 (b))		8,042,784

		8,181,722

Summary of other financial instruments issued to investors

The movement of other financial instruments issued to investors during the years presented is set out as below:


	For the year ended December 31,
	2022			2023			2024
	RMB’000			RMB’000			RMB’000
As of January 1		752,120			621,449			138,938
Issuance of financial instruments		583,975			—			—
Issuance of convertible redeemable preferred shares according to the commitment (Note 23(b))		(818,244	)		(538,696	)		(115,753	)
Changes in the carrying amount		41,130			48,408			4,208
Cancellation of other financial instruments issued to an investor		—			—			(27,831	)
Foreign exchange effect		62,468			7,777			438

As of December 31		621,449			138,938			—

Summary of movements of financial liabilities

The movements of these financial liabilities during the years presented are set out as below:


	Series B-1 Preferred Shares			Series B-2 Preferred Shares			Series B-3 Preferred Shares			Series C-1 Preferred Shares			Series D Preferred Shares			Series D+ Preferred Shares			Total
	RMB’000			RMB’000			RMB’000			RMB’000			RMB’000			RMB’000			RMB’000
As of January 1, 2022		704,338			182,130			322,283			1,829,765			—						3,038,516
Issuance of new convertible redeemable preferred shares		—			—			—			—			1,579,435			—			1,579,435
Repurchase of convertible redeemable preferred shares		—			—			(39,467	)		—			—			—			(39,467	)
Changes in the carrying amount of convertible redeemable preferred shares		109,216			17,379			36,424			146,249			128,812			—			438,080
Issuance of convertible redeemable preferred shares under the commitments in other financial instruments issued to investors (Note 23(a))		767,688			—			50,556			—			—			—			818,244
Exercise of warrants to subscribe for convertible redeemable preferred shares (Note 27)		—			—			63,980			—			109,037			—			173,017
Foreign exchange effect		96,840			17,453			33,811			174,309			65,867						388,280

As of December 31, 2022		1,678,082			216,962			467,587			2,150,323			1,883,151						6,396,105

Issuance of new convertible redeemable preferred shares		—			—			—			—			219,037			266,225			485,262
Changes in the carrying amount of convertible redeemable preferred shares		140,860			18,161			39,441			153,256			151,422			2,500			505,640
Issuance of convertible redeemable preferred shares under the commitments in other financial instruments issued to investors (Note 23(a))		—			—			—			—			—			538,696			538,696
Foreign exchange effect		29,250			3,781			8,151			37,327			34,021			4,551			117,081

As of December 31, 2023		1,848,192			238,904			515,179			2,340,906			2,287,631			811,972			8,042,784

Changes in the carrying amount of convertible redeemable preferred shares		116,264			15,083			32,554			126,495			120,517			50,133			461,046
Issuance of convertible redeemable preferred shares under the commitments in other financial instruments issued to investors (Note 23(a))		—			—			—			—			115,753			—			115,753
Conver s ion into Class A ordinary shares upon IPO of the Company		(1,971,168	)		(254,856	)		(549,605	)		(2,475,929	)		(2,532,302	)		(865,056	)		(8,648,916	)
Foreign exchange effect		6,712			869			1,872			8,528			8,401			2,951			29,333

As of December 31, 2024		—			—			—			—			—			—			—

Trade receivables, prepayments and other receivables - Summary of the aging analysis of trade receivables (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Disclosure of Aging Analysis of Trade Receivables [Line Items]
Within 1 year	¥ 138,058	¥ 119,504
More than 1 year	138,058	119,504
Trade receivables gross	¥ 138,058	¥ 119,504

Other non-current assets (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure of other non-current assets [abstract]

Summary of other non-current assets


	As of December 31,
	2023		2024
	RMB’000		RMB’000
Prepayment for leasing motor vehicles		19,327		18,239
Prepayment for property and equipment		1,505		1,225
Contract assets-non-current, net of allowance		250		561

		21,082		20,025

Trade receivables, prepayments and other receivables - Summary of trade receivables pre payments (Detail) - CNY (¥)
¥ in Thousands

Dec. 31, 2024

Dec. 31, 2023

Disclosure of Trade Receivables Pre payments and other Receivables [Abstract]

Trade receivables

¥ 138,058

¥ 119,504

Loss allowance

(65,437)

(35,549)

Receivables from loans to employees

^[1]

18,501

10,859

Prepayments to suppliers

67,542

49,955

Others

15,014

29,271

Prepayments and other receivables

197,652

192,530

Total trade receivables, prepayments and other receivables

¥ 450,259

¥ 459,463

[1]

In June 2023, the Group provided a one-year loan with a principal amount of USD1.5 million (equivalent to RMB10.9 million) to an employee at an interest rate of 4.43%. The principal of USD1.0 million (equivalent to RMB7.1 million) was repaid in 2024, and the term for the remaining principal of USD0.5 million (equivalent to RMB3.6 million) and the cumulative interest of USD0.1 million (equivalent to RMB0.6 million) was extended to be repaid in June 2025.

Other Finance Costs - Disclosure of Detailed Information About Finance Costs (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure of Finance Cost [Abstract]
Interest on lease liabilities	¥ 2,276	¥ 2,853	¥ 3,574
Changes in the carrying amount of put option liabilities	650	637	628
Total	¥ 3,451	¥ 3,490	¥ 4,202

Income Tax - Disclosure of Deferred tax assets not recognized (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets not recognized [Line Items]
Deferred tax assets unrecognized	¥ 4,263,199	¥ 2,669,084	¥ 1,853,070

Financial Risk Management and Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure Of Financial Risk Management [Abstract]

Tabular Disclosure Of Exposure To Currency Risk From Assets And Liabilities Explanatory

The following table details the Group’s exposure at the end of the years presented to currency risk arising from recognized assets or liabilities denominated in a currency other than the functional currency of the entity to which they relate. For presentation purposes, the amounts of the exposure are shown in RMB, translated using the spot rate at the

year-end

date. Differences resulting from the translation of the financial statements of foreign operations into the Group’s presentation currency are excluded.


	Exposure to foreign currencies As of December 31,
	USD			USD
	2023			2024
	RMB’000			RMB’000
Cash		306,677			1,941,370
Trade receivables		—			9,694
Intercompany payables		(280,050	)		(1,493,516	)

Net exposure arising from recognized assets and liabilities		26,627			457,548

Tabular Disclosure Of Groups loss for the year and cumulative losses By Foreign Interest Rate Explanatory

The following table indicates the instantaneous change in the Group’s loss for the year and cumulative losses that would arise if foreign exchange rates to which the Group has significant exposure at the end of each year presented had changed at that date, assuming all other risk variables remained constant.


	As of December 31,
	2023						2024
	Increase/(decrease) in foreign exchange rates			(Increase)/ decrease on loss for the year and accumulated losses			Increase/(decrease) in foreign exchange rates			(Increase)/ decrease on loss for the year and accumulated losses
				RMB’000						RMB’000
USD		10	%		2,663			10	%		45,755
USD		(10	%)		(2,663	)		(10	%)		(45,755	)

Tabular Disclosure Of reconciliation Of Financial Assets recurring fair value measurements Explanatory

The tables below reflect the reconciliation from the opening balance to the closing balance for recurring fair value measurements of the fair value hierarchy for the years presented:

For the year ended December 31, 2022

January 1,
2022

Purchase

Sell

Included in
earnings

Foreign
exchange
effect

December 31,
2022

RMB’000

Assets

Financial assets at FVTPL

53,868

2,041,173

(929,785

)

7,731

45,537

1,218,524

For the year ended December 31, 2023

January 1,
2023

Purchase

Sell

Included in
earnings

Foreign
exchange
effect

December 31,
2023

RMB’000

Assets

Financial assets at FVTPL

1,218,524

1,965,328

(2,925,265

)

42,960

15,495

317,042

For the year ended December 31, 2024

January 1,
2024

Purchase

Sell

Included in
earnings

Foreign
exchange
effect

December 31,
2024

RMB’000

Assets

Financial assets at FVTPL

317,042

1,665,195

(324,791

)

22,745

4,955

1,685,146

Tabular Disclosure Of Carrying Amount Of Financial Instrument Explanatory

The carrying amounts of the Group’s financial instruments carried at cost or amortized cost are not materially different from their fair values as of December 31, 2023 and 2024, except for the preferred shares and other financial instruments subject to redemption and other preferential rights, for which their carrying amounts and fair value and the level of fair value hierarchy were disclosed as below:

Fair value measurements
as of December 31, 2023 categorized into

Carrying amounts

Fair value

Level 1

Level 2

Level 3

RMB’000

Preferred shares and other financial instruments subject to redemption and other preferential rights

8,181,722

11,181,388

—

11,181,388

Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets [Table Text Block]

The fair value of preferred shares and other financial instruments subject to redemption and other preferential rights was determined using the binominal option-pricing model. Assumptions used in the binominal option-pricing model were presented as below:


	As of December 31,
	2023
Expected volatility		53.8%
Risk-free interest rate (per annum)		4.3%
Expected dividend yield		0%
Expected term		2.5 years

Tabular Disclosure Of Cash Concentration Explanatory

Cash, cash equivalents, restricted cash, time deposits and financial assets at FVTPL, which are maintained at banks, consist of the following:


	As of December 31,
	2023		2024
	RMB’000		RMB’000
RMB denominated:
Financial institutions in Chinese M ainland		528,980		503,800

USD denominated:
Financial institutions in Chinese M ainland		306,677		1,816,218
Financial institution in Hong Kong		2,200,365		11,671
Financial institution in the U.S.		1,499,960		462,786
Financial institution in the Singapore		502		3,767,075
Financial institution in the Middle East		—		10,561

Arab Emir. Dirham (“AED”) denominated:
Financial institution in the Middle East		3,758		3,198

European Dollar (“EUR”) denominated:
Financial institutions in Chinese M ainland		—		1,129
Financial institution in the Middle East		—		186

Singapore Dollar (“SGD”) denominated:
Financial institution in the Singapore		—		11,453

Income Tax - Summary of Reconciliation between tax expense and accounting loss at applicable tax rates (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Income Tax [Line Items]
Notional tax benefit on loss before taxation, calculated at the rates applicable to losses in the jurisdictions concerned	¥ (438,268)	¥ (292,888)	¥ (102,152)
Tax effect of non-deductible share-based compensation expenses	230,195	205,417	61,106
Tax effect of additional deduction on research and development expenses	(111,813)	(76,498)	(50,066)
Tax effect of preferential income tax rate applicable to subsidiaries	73,651	47,479	19,396
Tax effect of withholding tax on interest income	5,868	2,826	0
Tax effect of unused tax losses and deductible temporary differences not recognized	¥ 266,129	¥ 130,997	¥ 73,195

Preferred shares and other financial instruments subject to redemption and other preferential rights - Summary of other financial instruments issued to investors (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights [Abstract]
Beginning balance	¥ 138,938	¥ 621,449	¥ 752,120
Issuance of financial instruments	0	0	583,975
Issuance of convertible redeemable preferred shares according to the commitment	0	(538,696)	0
Changes in the carrying amount	4,208	48,408	41,130
Cancellation of other financial instruments issued to an investor	(27,831)	0	0
Foreign exchange effect	438	7,777	62,468
Ending balance	¥ 0	¥ 138,938	¥ 621,449

Trade and other payables, deposits received and accrued expenses - Summary of trade and other payables, deposits received and accrued expenses (Detail) - CNY (¥)
¥ in Thousands

Dec. 31, 2024

Dec. 31, 2023

Trade And Other Payables Deposits Received And Accrued Expenses [Abstract]

Government grants received with conditions

^[1]

¥ 184,542

¥ 176,426

Accrued payroll and social insurance

96,593

55,818

Payables for professional services

27,134

4,470

Taxes payable and others

89,486

34,592

Trade and other payables, deposits received and accrued expenses measured at amortized cost

¥ 418,468

¥ 288,268

[1]	The current portion of government grants received with conditions mainly represent the grants received with certain requirements of operation performance and tax contribution in a specified region.

Principal Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2024

Principal subsidiaries [Abstract]

Schedule Of Information About Subsidiaries Explanatory

As of December 31, 2024, the Company’s principal subsidiaries were as follows:


Company Name	Place of incorporation /establishment	Group’s effective interest (direct or indirect)			Principal activities
WeRide Corp.	the U.S.		100	%	Research and development of autonomous driving technology
WeRide HK	the PRC Hong Kong		100	%	Holding company
WeRide (Singapore) Pte. Ltd.	Singapore		100	%	Sales of autonomous driving products and provision of related services
WeRide Middle East General Trading Ltd.	Abu Dhabi		100	%	Sales of autonomous driving products and provision of related services
Guangzhou Wenyuan	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Guangzhou Jingqi	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Wenyuan Yuexing (Guangdong) Travel Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Wenyuan Suxing (Jiangsu) Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Wuxi WeRide Intelligent Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Shanghai Wenyuan Zhixing Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Shenzhen Wenyuan Zhixing Intelligent Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Wenyuan Jingxing (Beijing) Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Taizhou Wenyuan Zhixing Intelligent Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services
Shanghai Wenyuan Zhixing Automotive Technology Co., Ltd.	Chinese Mainland		100	%	Sales of autonomous driving products and provision of related services

Trade and other payables, deposits received and accrued expenses (Tables)

12 Months Ended

Dec. 31, 2024

Trade And Other Payables Deposits Received And Accrued Expenses [Abstract]

Summary of trade and other payables, deposits received and accrued expenses


	As of December 31,
	2023		2024
	RMB’000		RMB’000
Trade payables		16,962		20,713

Government grants received with conditions*		176,426		184,542
Accrued payroll and social insurance		55,818		96,593
Payables for professional services		4,470		27,134
Taxes payable and others		34,592		89,486

Total other payables, deposits received and accrued expenses		271,306		397,755

Trade and other payables, deposits received and accrued expenses measured at amorti z ed cost		288,268		418,468

*	The current portion of government grants received with conditions mainly represent the grants received with certain requirements of operation performance and tax contribution in a specified region.

Summary of aging analysis of trade payable for reporting period

The aging analysis of trade payables based on the invoice date, is as follows:


	As of December 31,
	2023		2024
	RMB’000		RMB’000
Within 1 year		16,962		20,713

Financial Risk Management and Fair Value of Financial Instruments - Tabular Disclosure of Cash Concentration Explanatory (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023
RMB denominated [Member]
Disclosure Of Cash Concentration [Line Items]
Cash restricted cash time deposits and financial assets At Bank	¥ 503,800	¥ 528,980
USD denominated [Member]
Disclosure Of Cash Concentration [Line Items]
Cash restricted cash time deposits and financial assets At Bank	10,561	0
AED denominated [Member]
Disclosure Of Cash Concentration [Line Items]
Cash restricted cash time deposits and financial assets At Bank	3,198	3,758
EUR denominated [Member]
Disclosure Of Cash Concentration [Line Items]
Cash restricted cash time deposits and financial assets At Bank	186	0
SGD denominated [Member]
Disclosure Of Cash Concentration [Line Items]
Cash restricted cash time deposits and financial assets At Bank	¥ 11,453	¥ 0

Accounting Estimates and Judgments

12 Months Ended

Dec. 31, 2024

Accounting Estimates and Judgments [Abstract]

Accounting estimates and judgments

3	Accounting estimates and judgments

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The Group makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

(a)	Fair value of warrant liabilities

The Group measures the warrant liabilities (Note 2(s)) at fair value. There are no quoted prices in an active market, the fair value of warrant liabilities is established with the assistance of an independent valuer using generally accepted valuation techniques. The assumptions adopted by the independent valuer in the valuation models make maximum use of market inputs. However, it should be noted that some inputs, such as the fair value of the Company’s ordinary shares and the estimated probability of the occurrence of triggering events, require management estimates. Management’s estimates and assumptions are reviewed periodically and are adjusted if necessary. Should any of the estimates and assumptions change, it may lead to a change in the fair value of warrant liabilities.

(b)	Share-based compensation

The Group measures the cost of equity-settled transactions with employees by reference to the fair value of the equity instruments at the date at which they are granted. The fair value is estimated using a model which requires the determination of the appropriate inputs. The Group has to estimate the forfeiture rate in order to determine the amount of share-based compensation expenses charged to the statement of profit or loss. The Group had to estimate the vesting periods of the share awards which were variable and subject to an estimate of when an IPO of the Company would occur before it completed its IPO in October 2024. The assumptions and models used for estimating the fair value of share-based compensation are disclosed in Note 30.

Expenses By Nature (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure of Expenses By Nature [Abstract]

Disclosure of Expenses by Nature Explanatory


	For the year ended December 31,
	2022		2023		2024
	RMB’000		RMB’000		RMB’000
Payroll and employee benefits (Note 7(i))		802,355		1,497,459		1,953,723
Cost of goods sold (Note 16(b))		192,523		34,138		71,716
Depreciation and amortization (Note 7(ii))		86,552		89,610		101,131
Professional services fee		63,811		46,918		107,178
Service fee from a related party (Note 34)		30,274		111,532		90,055
Outsourcing service fee		27,834		43,239		67,438
Utilities and property management fee		38,210		31,978		35,698
Others		72,814		88,705		107,205

Total cost of revenue, research and development expenses, administrative expenses and selling expenses		1,314,373		1,943,579		2,534,144

Notes:
(i) Payroll and employee benefits:
Salaries, allowances, bonus and benefits in kind		460,221		544,968		728,373
Contributions to defined contribution retirement plan		16,705		20,707		37,483
Share-based compensation expenses (Note 30)		325,429		931,784		1,187,867

		802,355		1,497,459		1,953,723

(ii) Depreciation and amortization:
Property and equipment (Note 11)		50,519		49,090		58,312
Right-of-use assets (Note 12)		31,748		36,205		38,484
Intangible assets (Note 13)		4,285		4,315		4,335

		86,552		89,610		101,131

Financial liabilities measured at FVTPL (Tables)

12 Months Ended

Dec. 31, 2024

Financial Liabilities Measured At Fair Value Through Profit Or Loss [Abstract]

Summary of movement of warrant liability

The movement of warrant liabilities during the years presented is set out as below:


	For the year ended December 31,
	2022			2023
	RMB’000			RMB’000
As of January 1		74,357			72,112
Deemed distribution to a preferred shareholder (Note (ii))		—			32,767
Issuance of warrant liabilities		143,829			—
Inducement charges (Note(i))		125,213			—
Fair value changes		(25,308	)		4,549
Exercised by the investors to subscribe for preferred shares
- Convertible redeemable preferred shares (Note 23(b))		(173,017	)		—
- Other reserve (Note 29(b)(iii))		(79,512	)		(111,055	)
Foreign exchange effect		6,550			1,627

As of December 31		72,112			—

Notes:

(i)

In 2022, certain warrants were granted to certain preferred shares’ investors without additional consideration, when the Company issued convertible redeemable preferred shares to these investors. Under the warrants, these investors have the right to subscribe for more preferred shares at a predetermined price with certain discounts during a specific period. The initial fair value of these warrants is treated as an inducement charge for the financing activities.

(ii)

In May 2023, the Company amended a warrant issued in 2018 to a preferred shareholder with nominal consideration. The warrant became exercisable as amended to subscribe for 1,382,929 shares of Series A Preferred Shares at a predetermined nominal price during a specific period. The fair value changes of the warrant of RMB 32.8 million due to the amendment was treated as a deemed distribution to this preferred shareholder.

Summary of warrants were measured at binomial option pricing model

The warrants were remeasured as of the end of each year presented utilizing the binomial option-pricing model with the following assumptions:


	For the year ended December 31,
	2022			2023
Expected volatility		58.1	%		53.8	%
Risk-free interest rate (per annum)		4.4	%		4.3	%
Expected dividend yield		0	%		0	%
Expected term		1.0 - 6.0 years			2.5 years

Cash, cash equivalents and time deposits - Summary of consolidated statements of cash flows for leases (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure of cash and time deposits [abstract]
Within operating cash flows	¥ 1,686	¥ 933	¥ 1,366
Payments of lease liabilities	48,938	41,949	39,388
Lease rentals paid	¥ 48,938	¥ 41,949	¥ 39,388

Cash, cash equivalents and time deposits

12 Months Ended

Dec. 31, 2024

Disclosure of cash and time deposits [abstract]

Cash, cash equivalents and time deposits

21	Cash, cash equivalents and time deposits

(a)

Cash, cash equivalents and time deposits comprise:


	As of December 31,
	2023		2024
	RMB’000		RMB’000
Cash and cash equivalents		1,661,152		4,268,300
Time deposits		2,550,279		620,148

RMB is not a freely convertible currency and the remittance of funds out of the PRC is subject to the exchange restrictions imposed by the PRC government. The Group’s time deposits are denominated in USD or RMB and are deposited with banks and other financial institutions in Chinese

ainland and overseas.

(b)

Reconciliation of loss before taxation to cash used in operations:


		For the year ended December 31,
		2022			2023			2024
	Note	RMB’000			RMB’000			RMB’000
Loss for the year			(1,298,496	)		(1,949,101	)		(2,516,808	)
Adjustments for:
- Net loss/(gain) on disposal of non-current assets	6		950			1,087			(1,013	)
- Impairment loss on receivables and contract assets			11,696			40,217			28,664
- Write down of inventories	16(b)		—			6,399			25,661
- Share-based compensation expenses	7(i)		325,429			931,784			1,187,867
- Depreciation and amortization	7(ii)		86,552			89,610			101,131
- Other finance costs	8		4,202			3,490			3,451
- Changes in the carrying amounts of preferred shares and other financial instruments subject to redemption and other preferential rights			479,210			554,048			465,254
- Fair value changes of financial liabilities measured at FVTPL			(25,308	)		4,549			—
- Inducement charges of warrants			125,213			—			—
- Fair value changes of financial assets at FVTPL			(7,731	)		(42,960	)		61,834
- Net foreign exchange gain			(10,162	)		(5,932	)		(557	)
- Accrued interest income			—			—			41,384
- Income tax expense			—			2,866			5,868

Changes in:
- Inventories			(41,452	)		(68,548	)		(62,255	)
- Contract assets - current			(93,062	)		1,717			54,410
- Trade receivables			(215,850	)		(54,076	)		(11,166	)
- Prepayments and other receivables			7,055			(108,442	)		7,859
- Prepayments to and amount s due from related parties			8,952			(25,031	)		312
- Restricted cash			1,828			821			(2,573	)
- Other non-current assets			(21,532	)		22,002			(3,180	)
- Trade payables			(4,485	)		6,291			3,734
- Other payables, deposits received and accrued expenses			9,578			51,517			98,563
- Contract liabilities			381			8,298			(8,022	)
- Amounts due to related parties			(18,615	)		52,995			(68,377	)
- Other non-current liabilities			5,266			4,375			(1,845	)

Cash used in operations			(670,381	)		(472,024	)		(589,804	)

(c)

Reconciliation of movement of liabilities to cash flows arising from financing activities

The table below details changes in the Group’s liabilities from financing activities, including both cash and

non-cash

changes. Liabilities arising from financing activities are liabilities for which cash flows were, or future cash flows will be, classified into the Group’s consolidated statements of cash flows as cash flows from financing activities.


	Lease liabilities			Financial liabilities measured at FVTPL			Preferred shares and financial instruments issued to investors subject to redemption and other preferential rights			Put option liabilities		Total
	RMB’000			RMB’000			RMB’000			RMB’000		RMB’000
	(Note 22)			(Note 27)			(Note 23)			(Note 24)
As of January 1, 2022		93,833			74,357			3,790,636			39,184		3,998,010

Changes from financing cash flows:
Proceeds from issuance of other financial instruments subject to redemption and other preferential rights		—			—			2,163,410			—		2,163,410
Proceeds from issuance of financial liabilities		—			143,829			—			—		143,829
Proceeds from issuance of ordinary shares		—			—			—			—		—
Payment of repurchase of redeemable preferred shares		—			—			(39,467	)		—		(39,467	)
Capital element of lease rentals paid		(34,448	)		—			—			—		(34,448	)
Interest element of lease rentals paid		(3,574	)		—			—			—		(3,574	)

Total changes from financing cash flows		(38,022	)		143,829			2,123,943			—		2,229,750

Exchange adjustments		1,839			6,550			450,748			—		459,137
Other changes:
Increase in lease liabilities from entering into new leases during the year		6,649			—			—			—		6,649
Increase in interest expenses		3,574			—			—			—		3,574
Changes in the carrying amount of put option liabilities		—			—			—			628		628
Changes in the carrying amounts of preferred shares and other financial instruments subject to redemption and other preferential rights		—			—			479,210			—		479,210
Fair value changes of financial liabilities measured at FVTPL		—			(25,308	)		—			—		(25,308	)
Inducement charges of warrants		—			125,213			—			—		125,213
Exercise of warrants to subscribe for convertible redeemable preferred shares		—			(252,529	)		173,017			—		(79,512	)

Total other changes		10,223			(152,624	)		652,227			628		510,454

As of December 31, 2022		67,873			72,112			7,017,554			39,812		7,197,351


	Lease liabilities			Financial liabilities measured at FVTPL			Preferred shares and financial instruments issued to investors subject to redemption and other preferential rights		Put option liabilities		Total
	RMB’000			RMB’000			RMB’000		RMB’000		RMB’000
	(Note 22)			(Note 27)			(Note 23)		(Note 24)
As of January 1, 2023		67,873			72,112			7,017,554		39,812		7,197,351

Changes from financing cash flows:
Proceeds from issuance of other financial instruments subject to redemption and other preferential rights		—			—			485,262		—		485,262
Capital element of lease rentals paid		(38,163	)		—			—		—		(38,163	)
Interest element of lease rentals paid		(2,853	)		—			—		—		(2,853	)

Total changes from financing cash flows		(41,016	)		—			485,262		—		444,246

Exchange adjustments		426			1,627			124,858		—		126,911

Other changes:
Increase in lease liabilities from entering into new leases during the year		23,271			—			—		—		23,271
Increase in interest expenses		2,853			—			—		—		2,853
Changes in the carrying amount of put option liabilities		—			—			—		637		637
Changes in the carrying amounts of preferred shares and other financial instruments subject to redemption and other preferential rights		—			—			554,048		—		554,048
Fair value changes of financial liabilities measured at FVTPL		—			4,549			—		—		4,549
Deemed distribution to a preferred shareholder		—			32,767			—		—		32,767
Exercise of warrants to subscribe for convertible redeemable preferred shares		—			(111,055	)		—		—		(111,055	)

Total other changes		26,124			(73,739	)		554,048		637		507,070

As of December 31, 2023		53,407			—			8,181,722		40,449		8,275,578


	Lease liabilities			Bank loans			Preferred shares and financial instruments issued to investors subject to redemption and other preferential rights			Put option liabilities		Total
	RMB’000			RMB’000			RMB’000			RMB’000		RMB’000
	(Note 22)			(Note 28)			(Note 23)			(Note 24)
As of January 1, 2024		53,407			—			8,181,722			40,449		8,275,578

Changes from financing cash flows:
Proceeds from bank loans		—			80,000			—			—		80,000
Payment of interest of bank loans		—			(466	)		—			—		(466	)
Capital element of lease rentals paid		(44,976	)		—			—			—		(44,976	)
Interest element of lease rentals paid		(2,276	)		—			—			—		(2,276	)

Total changes from financing cash flows		(47,252	)		79,534			—			—		32,282

Exchange adjustments		401			—			29,771			—		30,172

Other changes:
Increase in lease liabilities from entering into new leases during the year		59,159			—			—			—		59,159
Increase in interest expenses		2,276			525			—			—		2,801
Changes in the carrying amount of put option liabilities		—			—			—			650		650
Early termination of lease		(3,207	)		—			—			—		(3,207	)
Gain from early termination of lease		(1,825	)		—			—			—		(1,825	)
Changes in the carrying amounts of preferred shares and other financial instruments subject to redemption and other preferential rights		—			—			465,254			—		465,254
Cancellation of other financial instruments issued to an investor		—			—			(27,831	)		—		(27,831	)
Conversion from preferred shares to ordinary shares		—			—			(8,648,916	)		—		(8,648,916	)

Total other changes		56,403			525			(8,211,493	)		650		(8,153,915	)

As of December 31, 2024		62,959			80,059			—			41,099		184,117

(d)

Total cash outflow for leases

Amounts included in the consolidated statements of cash flows for leases comprise the following:


	For the year ended December 31,
	2022		2023		2024
	RMB’000		RMB’000		RMB’000
Within operating cash flows (Note 12)		1,366		933		1,686
Within financing cash flows (Note 21(c))		38,022		41,016		47,252

		39,388		41,949		48,938

These amounts relate to the following:


	For the year ended December 31,
	2022		2023		2024
	RMB’000		RMB’000		RMB’000
Lease rentals paid		39,388		41,949		48,938

(e)

Non-cash

transactions

Non-cash

investing and financing transactions incurred for the years ended December 31, 2022, 2023 and 2024 mainly comprised the following:

(i)

Purchase of

right-of-use

assets included in lease liabilities amounting to RMB6.6 million, RMB23.2 million and RMB59.2 million for the years ended December 31, 2022, 2023 and 2024, respectively;

(ii)

The Group transferred inventory to property and equipment amounting to RMB

50.3 million for the year ended December 31, 2024.

(iii)

Purchase of property and equipment included in other payables to

RMB5.2

million in for the year ended December 31, 2024.

(iv)

Exercise of warrants to subscribe for convertible redeemable preferred shares amounting to

RMB252.5

million and RMB111.1 million for the years ended December 31, 2022 and 2023, respectively.

(v)

In May 2023, the Company amended a warrant issued in 2018 to a preferred shareholder with nominal consideration, as a result, the Group recognized the fair value changes of the warrant due to the amendment as a deemed distribution to this preferred shareholder amounting to

RMB32.8

million for the year ended December 31, 2023.

(vi)

In May 2024, the Company entered into an amendment with a holder of a financial instrument, pursuant to which both parties agreed to reduce the number of subscribed Series D Preferred Shares from 1,133,534 to 429,369 at purchase price of USD4.6580 per share through reducing the subscription receivables from the holder amounting to USD3.3 million (equivalent to RMB23.3 million). The cancellation of the other financial instrument was reflected in the increase of other reserve of

RMB4.5 million

and the decrease of the other financial instrument of

RMB27.8

million for the year ended December 31, 2024.

(vii)

In October 2024, the Company completed the IPO. The preferred shares subject to redemption and other preferential rights amounting

to RMB8,648.9

million as of the completion of the IPO were transferred from liabilities to equity, and the non-redeemable preferred shares amounting to RMB15 thousand transferred to ordinary shares, upon the completion of the IPO.

(viii)

In November 2024, the Company cancelled all issued treasury shares amounting to

RMB151.7 million

by adjusting the amount that corresponded to the sum of the par value and the share premium amounts of the shares so cancelled

(ix)

In October 2024, the accrued commission relating to the IPO amounting to RMB16.2 million was offset against share premium upon the completion of IPO.

Other Finance Costs (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure of Finance Cost [Abstract]

Disclosure of Detailed Information About Finance Costs


	For the year ended December 31,
	2022		2023		2024
	RMB’000		RMB’000		RMB’000
Interest on bank loans (Note 21(c))		—		—		525
Interest on lease liabilities (Note 21(c))		3,574		2,853		2,276
Changes in the carrying amount of put option liabilities (Note 21(c))		628		637		650

		4,202		3,490		3,451

Contract assets and contract liabilities - Disclosure of contract assets performance explanatory (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Contract assets and contract liabilities [Abstract]
Arising from sales of autonomous driving vehicles	¥ 19,933	¥ 14,751
Arising from provision of services	18,280	77,841
Less: loss allowance (Note 31(a))	¥ (9,647)	¥ (9,516)

Commitments (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure Of Commitments [Abstract]

Schedule of Commitments Outstanding

Commitments outstanding as of December 31, 2024 consist of the following:


	As of December 31, 2024
	RMB’000
Contracted for purchase of inventories (Note (i))		62,296
Contracted for purchase of services (Note (ii))		216,807

		279,103

Notes:

As of December 31, 2024, the Group had entered into the following commitment agreements:

(i)

A vehicle purchase agreement with Zhengzhou Yutong Bus Co., Ltd

. (“Yutong”),

an affiliate of a shareholder of the Company, pursuant to which the Group committed to purchase vehicles manufactured by Yutong with an aggregated purchase amount of RMB100.3 million in 2024. As of December 31, 2024, the Group has paid RMB55.4 million under this vehicle purchase agreement.

The Group is in the process of negotiating with Yutong to extend the term to purchase vehicles under the agreement.

Another vehicle purchase agreement with a Chinese manufacturer, specializing in the development, production and sale of buses, pursuant to which the Group committed to purchase vehicles manufactured by this manufacturer with an aggregated purchase amount of RMB32.7 million in 2024 and 2025. As of December 31, 2024, the Group has paid RMB15.4 million under this vehicle purchase agreement.

(ii)

A research and development service agreement with another Chinese manufacturer, pursuant to which the Group committed to purchase research and development services from the manufacturer with an aggregated purchase consideration of RMB216.8 million in 2024 and 2025. As of December 31, 2024, the research and development services has not started and no consideration

has

been paid yet.

Financial liabilities measured at FVTPL - Summary of movement of warrant liability (Parenthetical) (Detail) ¥ in Millions	May 31, 2023 CNY (¥) shares
Financial Liabilities Measured At Fair Value Through Profit Or Loss [Abstract]
Issue of warrant shares \| shares	1,382,929
Increase decrease in fair value measurement warrant liabilities \| ¥	¥ 32.8

Preferred shares and other financial instruments subject to redemption and other preferential rights - Summary of other financial instruments and convertible redeemable preferred shares (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights [Abstract]
Other financial instruments	¥ 0	¥ 138,938	¥ 621,449	¥ 752,120
Convertible redeemable preferred shares		8,042,784
Other financial instrument and convertible redeemable preferred shares		¥ 8,181,722

Other non-current assets - Summary of other non-current assets (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Disclosure of other non-current assets [abstract]
Prepayment for leasing motor vehicles	¥ 18,239	¥ 19,327
Prepayment for property and equipment	¥ 1,225	¥ 1,505

Cash, cash equivalents and time deposits - Summary of reconciliation of loss before taxation to cash used in operations (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Changes in:
- Inventories	¥ (62,255)	¥ (68,548)	¥ (41,452)
- Prepayments and other receivables	7,859	(108,442)	7,055
- Prepayments to and amount due from related parties	312	(25,031)	8,952
- Restricted cash	(2,573)	821	1,828
- Other non-current assets	(3,180)	22,002	(21,532)
- Other payables, deposits received and accrued expenses	98,563	51,517	9,578
- Amounts due to related parties	(68,377)	52,995	(18,615)
- Other non-current liabilities	¥ (1,845)	¥ 4,375	¥ 5,266

Other non-current liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Other Non Current Liabilities [Abstract]

Summary of other non current liabilities


	As of December 31,
	2023		2024
	RMB’000		RMB’000
Government grants received with conditions		6,522		4,677

Financial Risk Management and Fair Value of Financial Instruments - Summary amounts due from related parties contract assets and receivables from payments (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financial Risk Management and Fair Value of Financial Instruments [Abstract]
Beginning balance	¥ (52,361)	¥ (12,144)	¥ (448)
Credit loss recognized during the year	(28,664)	(40,217)	(11,696)
Effect of movement in exchange rates	(19)	0	0
Ending balance	¥ (81,044)	¥ (52,361)	¥ (12,144)

Bank loans (Table)

12 Months Ended

Dec. 31, 2024

Disclosure Of Borrowings [Abstract]

Disclosure Of Borrowings Explanatory [Table Text Block]


	As of December 31,
	2023		202 4
	RMB’000		RMB’000

Non-current
- Long-term bank loan (Note (i))		—		50,040

Current
- Short-term bank loans (Note (ii))		—		30,019


		—		80,059

Notes:

(i)

In September 2024, a commercial bank in the PRC provided the Group with a two-year long-term bank loan of RMB50.0 million bearing an interest rate of 2.9% per annum.

(ii)

In November and December 2024, a commercial bank in the PRC provided the Group with certain one-year short-term loans with total principal amount of RMB30.0 million bearing an interest rate of 2.5% per annum.

Put option liabilities - Additional Information (Detail) - CNY (¥) ¥ in Millions	Dec. 31, 2021	Jul. 31, 2019
Put Option Liabilities [Line Items]
Amount of introduce capital on new company		¥ 28.8
Percentage of investment return fall if cannot complete initial public offering		10.00%
Percentage of equity interest redeem for one of investor in advance	15.00%

Financial Risk Management and Fair Value of Financial Instruments - Tabular Disclosure Of Exposure To Currency Risk From Assets And Liabilities Explanatory (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Disclosure Of Exposure To Currency Risk From Assets And Liabilities [Line Items]
Net exposure arising from recognized assets and liabilities	¥ 457,548	¥ 26,627

Label

Element

Value

Interest Rates

wrd_InterestRates

0.00%

Interest Rates

wrd_InterestRates

3.10%

Interest Rates

wrd_InterestRates

0.00%

Interest Rates

wrd_InterestRates

5.25%

Interest Rates

wrd_InterestRates

4.69%

Interest Rates

wrd_InterestRates

6.00%

Interest Rates

wrd_InterestRates

1.55%

Interest Rates

wrd_InterestRates

5.05%

Interest Rates

wrd_InterestRates

0.01%

Interest Rates

wrd_InterestRates

0.01%

Interest Rates

wrd_InterestRates

2.00%

Interest Rates

wrd_InterestRates

0.01%

Interest Rates

wrd_InterestRates

0.01%

Interest Rates

wrd_InterestRates

1.61%

Interest Rates

wrd_InterestRates

0.00%

Interest Rates

wrd_InterestRates

2.90%

Interest Rates

wrd_InterestRates

0.00%

Interest Rates

wrd_InterestRates

2.50%

Interest Rates

wrd_InterestRates

4.40%

Interest Rates

wrd_InterestRates

4.40%

Interest Rates

wrd_InterestRates

4.40%

Interest Rates

wrd_InterestRates

4.40%

Number Of Treasury Shares Cancellation

wrd_NumberOfTreasurySharesCancellation

(10,025,092)

Number Of Treasury Shares Cancellation

wrd_NumberOfTreasurySharesCancellation

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

¥ 628,000

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

628,000

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

637,000

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

637,000

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

650,000

Increase Decrease Through Changes In The Carrying Amount Of Put Option Liabilities

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountOfPutOptionLiabilities

¥ 650,000

Issuance of new shares

wrd_IssuanceOfNewShares

1,892,780

Issuance of new shares

wrd_IssuanceOfNewShares

1,763,689

Issuance of new shares

wrd_IssuanceOfNewShares

4,400,229

Issuance of new shares

wrd_IssuanceOfNewShares

93,350,727

Issuance of new shares

wrd_IssuanceOfNewShares

Issuance Of Ordinary Shares Relating To Initial Public Offering And Exercise Of OverAllotment Option value

wrd_IssuanceOfOrdinarySharesRelatingToInitialPublicOfferingAndExerciseOfOverAllotmentOptionvalue

¥ 6,000

Issuance Of Ordinary Shares Relating To Initial Public Offering And Exercise Of OverAllotment Option value

wrd_IssuanceOfOrdinarySharesRelatingToInitialPublicOfferingAndExerciseOfOverAllotmentOptionvalue

Proceeds from issuance of preferred shares and other financial instruments subject to redemption and other preferential rights.

wrd_ProceedsFromIssuanceOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

2,163,410,000

Proceeds from issuance of preferred shares and other financial instruments subject to redemption and other preferential rights.

wrd_ProceedsFromIssuanceOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

485,262,000

Proceeds from issuance of preferred shares and other financial instruments subject to redemption and other preferential rights.

wrd_ProceedsFromIssuanceOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

2,163,410,000

Proceeds from issuance of preferred shares and other financial instruments subject to redemption and other preferential rights.

wrd_ProceedsFromIssuanceOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

485,262,000

Increase Decrease In Early Termination Of Lease

wrd_IncreaseDecreaseInEarlyTerminationOfLease

(3,207,000)

Increase Decrease In Early Termination Of Lease

wrd_IncreaseDecreaseInEarlyTerminationOfLease

(3,207,000)

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

479,210,000

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

479,210,000

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

554,048,000

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

554,048,000

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

465,254,000

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

Increase Decrease Through Changes In The Carrying Amounts Of Preferred Shares And Other Financial Instruments Subject To Redemption And Other Preferential Rights

wrd_IncreaseDecreaseThroughChangesInTheCarryingAmountsOfPreferredSharesAndOtherFinancialInstrumentsSubjectToRedemptionAndOtherPreferentialRights

465,254,000

Share capital ordinary shares

wrd_ShareCapitalOrdinaryShares

1,000

Share capital ordinary shares

wrd_ShareCapitalOrdinaryShares

Share capital ordinary shares

wrd_ShareCapitalOrdinaryShares

7,000

Convertible RedeemablePreferred Share ConvertedOrdinary Shares Value

wrd_ConvertibleRedeemablePreferredShareConvertedOrdinarySharesValue

23,000

Convertible RedeemablePreferred Share ConvertedOrdinary Shares Value

wrd_ConvertibleRedeemablePreferredShareConvertedOrdinarySharesValue

¥ 0

Convertible RedeemablePreferred Share ConvertedOrdinary Shares

wrd_ConvertibleRedeemablepreferredShareConvertedordinaryShares

334,309,270

Convertible RedeemablePreferred Share ConvertedOrdinary Shares

wrd_ConvertibleRedeemablepreferredShareConvertedordinaryShares

334,309,270

Convertible RedeemablePreferred Share ConvertedOrdinary Shares

wrd_ConvertibleRedeemablepreferredShareConvertedordinaryShares

Issuance Of Ordinary Shares Relating To Initial Public Offering And Exercise Of OverAllotment Option shares

wrd_IssuanceOfOrdinarySharesRelatingToInitialPublicOfferingAndExerciseOfOverAllotmentOptionshares

88,000,222

Issuance Of Ordinary Shares Relating To Initial Public Offering And Exercise Of OverAllotment Option shares

wrd_IssuanceOfOrdinarySharesRelatingToInitialPublicOfferingAndExerciseOfOverAllotmentOptionshares

Disclosure Of Financial Assets At Fair Value Through Profit Or Loss Explanatory

wrd_DisclosureOfFinancialAssetsAtFairValueThroughProfitOrLossExplanatory

20	Financial assets at FVTPL


	As of December 31,
	2023		2024
	RMB’000		RMB’000
Non-current
- Investment in a listed company		—		56,919
Current
- Non-equity investments		317,042		1,685,146

		317,042		1,742,065

The

non-equity

investments represent wealth management products issued by banks with variable returns. The variable returns of these wealth management products are determined by the performance of underlying assets including government bonds and money market funds. These financial assets are measured at fair value with changes recorded through profit or loss.

In June 2024, the Company committed to subscribe 4,416,000 ordinary shares of a listed company with a total consideration of USD20.0 million, or USD4.53 per share. The Group paid the subscription consideration and received the shares in July 2024. The investment was initially recorded at USD20.0 million (equivalent to RMB138.7 million) and subsequently measured at fair value. The Company recognized a loss of USD11.9 million (equivalent to RMB84.6 million) in fair value change for the year ended December 31, 2024.

Please see more information about the fair value valuation in Note 31(e).

Duration Of Recognization Of Revenue In Future Expected To Occur

wrd_DurationOfRecognizationOfRevenueInFutureExpectedToOccur

1 year

Duration Of Recognization Of Revenue In Future Expected To Occur

wrd_DurationOfRecognizationOfRevenueInFutureExpectedToOccur

3 years

Increase Decrease Through Cancellation Of Other Financial Instrument Issued To Investor

wrd_IncreaseDecreaseThroughCancellationOfOtherFinancialInstrumentIssuedToInvestor

¥ 0

Increase Decrease Through Cancellation Of Other Financial Instrument Issued To Investor

wrd_IncreaseDecreaseThroughCancellationOfOtherFinancialInstrumentIssuedToInvestor

Increase Decrease Through Cancellation Of Other Financial Instrument Issued To Investor

wrd_IncreaseDecreaseThroughCancellationOfOtherFinancialInstrumentIssuedToInvestor

(27,831,000)

Increase Decrease Through Cancellation Of Other Financial Instrument Issued To Investor

wrd_IncreaseDecreaseThroughCancellationOfOtherFinancialInstrumentIssuedToInvestor

Increase Decrease Through Cancellation Of Other Financial Instrument Issued To Investor

wrd_IncreaseDecreaseThroughCancellationOfOtherFinancialInstrumentIssuedToInvestor

(27,831,000)

Increase Decrease In Other Changes Liabilities Arising From Financing Activities