Zafar Aziz
Deutsche Bank Aktiengesellschaft

Hello, and welcome to the 30th Deutsche Bank Depository Receipts Virtual Investor Conference, dbVIC. My name is Zafar Aziz from the DR Investor Relations Advisory team at Deutsche Bank. I'm pleased to announce that our next presentation will be from WeRide.

Before handing over to our presenter, some points to note. Please submit your questions at any time throughout the presentation. Finally, all of today's presentations will be recorded and can be accessed via the Deutsche Bank website, adr.db.com.

At this point, I'm very pleased to welcome our speaker from WeRide.

Xuan Li
CFO & Head of International

Thank you for the opportunity to introduce WeRide, a global leader in autonomous driving technology. At WeRide, our mission is simple yet ambitious to transform urban living with autonomous driving. We are building a universal autonomous driving platform that scales from -- spans from L2+ passenger vehicle solution, all the way to full driverless L4 mobility services, enabling safer, more efficient and more intelligent transportation system around the world.

Founded in 2017, WeRide has quickly become one of the few global leaders in autonomous driving space that has demonstrated the technology depth and the real-world operation and financial [ scaling ] simultaneously. And today, we operate in 12 countries and in more than 40 cities with trial and commercial operations spanning China, Middle East, Europe, Southeast Asia and other parts of North Asia.

The breadth matters because autonomous driving is not just a software challenge, it's a regulatory, operational and localization challenge. Our ability to operate across different transportation system, legal framework and rider behaviors