Autonomous driving company Wenyuan Zhixing landed in U.S. stocks, rising as high as 27% on the first day of listing!

Recently, domestic autonomous driving company Wenyuan Zhixing successfully landed on the US stock market NASDAQ with the stock code: WRD.

On the morning of October 25, U.S. Eastern Time, Wenyuan Zhixing issued 6.

452 million ADS (American Depositary Shares) shares at an issue price of US$15.

5 per share.

It successfully IPO in U.S. stocks, raising a total of US$120 million, equivalent to approximately RMB 854 million.

The first day closed up 6.

77% at US$16.

55/share, with a total market value of US$4.

491 billion.

Autonomous driving company Wenyuan Zhixing landed in U.S. stocks, rising as high as 27% on the first day of listing! and Autonomous driving company Wenyuan Zhixing landed in U.S. stocks, rising as high as 27% on the first day of listing!, as a reference, Wenyuan Zhixing was established in 2017 to provide autonomous driving products and services from L2 to L4.

Currently, a technology company with autonomous driving licenses in China, United Arab Emirates, Singapore, and the United States has carried out autonomous driving research and development, testing and operation in 30 cities in 7 countries around the world, with operating days exceeding 1,700 days.

Wenyuan Zhixing’s partners include Renault, Nissan and Mitsubishi Alliance, Yutong Group, Bosch, GAC Group, etc.

, Autonomous driving company Wenyuan Zhixing landed in U.S. stocks, rising as high as 27% on the first day of listing!, currently, Wenyuan Zhixing has five major product matrices, including self-driving taxi Robotaxi, self-driving minibus Robobus, self-driving freight vehicle Robovan, self-driving sanitation vehicle Robosweeper, and high-end intelligent driving Advanced Driver-Assistance System (ADAS).

(Compiled/Car Home Yue Changxing), return to the home page of First Electric Network>,.

Link to this article: https://evcnd.com/autonomous-driving-company-wenyuan-zhixing-landed-in-u-s-stocks-rising-as-high-as-27-on-the-first-day-of-listing/

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