Sep. 17 at 7:02 PM
Another strong validation for
$WRD’s RoboSweeper business.
Chinese sanitation equipment major Fulongma (roughly RMB 5B annual revenue) has announced a RMB 200M investment to develop its autonomous sanitation stack with Huawei Cloud, covering 3-ton and 6-ton vehicles, autonomous driving software, intelligent hardware, cloud infrastructure and continuous model training.
The scale of that commitment is striking. Fulongma generated just RMB 9.9M from autonomous sanitation in 2025. It is now committing roughly 20x that annual revenue to build the technology required to compete in this market.
For WeRide, there are two sides to this.
Competition is clearly intensifying. Fulongma already has manufacturing scale, municipal relationships and a large sanitation equipment business. Adding Huawei's technology could make it a credible competitor. >
https://www.webull.com/news/1556301639