WeRide wins Hong Kong waiver for founders’ family trust share transfers
WRD•Scope of the waiver and filing date
The waiver covers strict compliance with Listing Rule 8A.18(1); announcement dated July 13, 2026.
Ownership changes for founder vehicles
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.
Voting rights remain with the founders
Han and Li remain protectors of their respective trusts, retaining sole control of voting rights attached to class B shares held in the structures.
Hong Kong waiver for founder trust restructuring
WeRide secured a Hong Kong listing-rule waiver to restructure founder-held stakes through family trust arrangements without breaching weighted voting rights requirements.
