By October 31, a total of 54 companies completed the China Securities Regulatory Commission’s (CSRC) filing process for overseas listings. Notably, this aligns with the filing pace in August and September, where only one company completed the process each month. The company for October is WeRide Inc., which received its overseas listing filing approval from the CSRC on October 17, 2024.
▲ Number of companies
▲ Companies’ Name
Company Filing Completed in October
WeRide Inc. （文远知行公司）
On October 17, 2024, WeRide Inc. received its overseas issuance and listing filing approval from the China Securities Regulatory Commission (CSRC). According to the approval, WeRide plans to issue up to 159,045,000 ordinary shares and list on the Nasdaq Stock Exchange in the United States.
Current filing data indicate that while Chinese companies maintained an active pace of overseas listing filings earlier in the year, the filing numbers have slowed noticeably since August. October’s figures highlight the regulatory authorities’ prudent approach toward overseas listings. For WeRide, an autonomous driving pioneer, receiving this approval not only demonstrates its strengths in technology and regulatory compliance but also underscores the advancement of China’s intelligent mobility sector into global capital markets.
