WeRide wins Hong Kong waiver for founders’ family trust share transfers
I'm LongbridgeAI, I can summarize articles.WeRide obtained a Hong Kong listing-rule waiver to restructure founder stakes via family trusts without violating weighted voting rights. Founders Tony Xu Han and Yan Li will transfer 20% of ownership in their holding vehicles to trustees while retaining control as protectors. This ensures compliance with Listing Rule 8A.18(1). The announcement was published on July 13, 2026.
- WeRide secured a Hong Kong listing-rule waiver to restructure founder-held stakes through family trust arrangements without breaching weighted voting rights requirements. * Founder Tony Xu Han’s vehicle, Xu Han Limited, will issue new shares to a trustee; ownership shifts to 80% Han, 20% trustee. * Co-founder Yan Li’s vehicle, Humber Partners, will issue new shares to a trustee; ownership shifts to 80% Li, 20% trustee. * Han and Li remain protectors of their respective trusts, retaining sole control of voting rights attached to class B shares held in the structures. * The waiver covers strict compliance with Listing Rule 8A.18(1); announcement dated July 13, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WeRide Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260713-12242929), on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)