Guangzhou's high-tech enterprises are making significant strides on the global stage, showcasing their innovative prowess and strategic foresight. Three leading companies from Guangzhou's Huangpu district have recently made headlines with their impressive international ventures.
WeRide is listed on the Nasdaq. [Photo/WeChat account: guangzhougaoxinqu]
WeRide, an autonomous driving company in Huangpu, was listed on the Nasdaq on Oct 25, becoming the first global autonomous driving company to go public. The company's market value reached 32 billion yuan ($4.5 billion) on its first day of trading, marking a significant milestone in the autonomous driving industry.
The manufacturing base of XPeng Motors. [Photo/WeChat account: guangzhougaoxinqu]
Meanwhile, XPeng Motors made a notable entry into the European market. On Oct 14, the first batch of XPeng P7+ vehicles rolled off the production line in Guangzhou and headed to the Paris Motor Show, initiating the company's 2.0 globalization strategy.
Guangzhou Shiyuan Electronic Technology Company (CVTE). [Photo/WeChat account: guangzhougaoxinqu]
At the 136th Canton Fair on Oct 15, Guangzhou Shiyuan Electronic Technology Company (CVTE), a leading enterprise in the ultra-high-definition industry cluster, unveiled its innovative solutions and announced the establishment of a "smart manufacturing headquarters" and an "overseas headquarters" to enhance its global capabilities.
These enterprises represent three distinct forces in the current wave of globalization: inherent innovation, proactive international expansion, and vertical supply chain integration. Their common ground lies in advanced manufacturing and a supply chain-driven approach to globalization.