Webus International (WETO) provided a letter to shareholders from CEO Nan Zheng, which read in part, “In 2025 third fiscal quarter, we successfully completed our initial public offering in the Nasdaq Capital Market. We would like to take this opportunity to share our progress and strategic vision and provide more context of what represent our future…We are executing on several key strategic initiatives to drive growth and enhance shareholder value: First, we are continuing to integrate our platform into a comprehensive ecosystem. This involves building vertical integration within our platform for information and capital flow, fostering external horizontal integration with our corporate customers, and creating end-to-end integration across the complete product life cycle value chain. Second, we are doubling down on Big Data and AI innovation. With our newly acquired capital from the IPO, we will accelerate investments in research and development, attracting top talent to enhance our technological capabilities and user experience. Third, we are aggressively expanding our global footprint. Our flagship Wetour brand, initially launched in North America in March 2022, has laid a robust foundation for growth. Building on that success, we are extending our reach into strategic markets including Japan, Europe, and the Middle East. This multi-regional expansion is not only aimed at serving the increasing number of Chinese outbound tourists but also at catering to the unique travel needs of overseas Chinese communities seeking customized, high-quality travel experiences. Fourth, we are bolstering our content innovation capabilities to engage a younger audience. As a dynamic, youthful brand, we are making significant investments in new media advertising and promotional campaigns. We will deploy a range of content formats-including high-quality images, engaging short videos, and interactive live broadcasts-to showcase our most relevant, customized travel solutions. In addition, we are integrating advanced content production tools and incentive-driven reward mechanisms to stimulate user-generated content, thereby boosting platform engagement and conversion rates. This comprehensive strategy is designed to enhance our brand influence, particularly among younger consumers, and position us at the forefront of the evolving digital travel landscape. Finally, we are selectively pursuing strategic alliances, acquisitions, and investments that complement our existing operations, with particular interest in acquiring customized travel service brands that enhance our offerings…As we embark on this new chapter as a publicly traded company, I am confident that our strategic focus, technological innovation, and unwavering commitment to customer satisfaction will continue to drive our growth and strengthen our market position. The capital raised through our IPO will enable us to accelerate our expansion plans and enhance our technological capabilities, further solidifying our position as a leading provider of AI-driven mobility solutions globally.”
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