Webus International Limited

Webus is positioned as an "AI-driven Mobility as a Service (MaaS) platform," focusing on customized high-end travel solutions: Core business: Providing business charter services, commuter shuttles, and cross-border travel charters (covering vehicle models from 5 to 55 seats), connecting users through APP, mini-programs, and OTA platforms (such as Ctrip, Tongcheng, etc.) 78. Global Network: Over 11,000 vehicles dispatched within China, 8,000 drivers cooperating overseas, covering global Chinese charter services; the sub-brand "Wetour" focuses on customized outbound travel. Technical integration: Renewing the strategic cooperation with Tongcheng Travel, accessing its 240 million annual paid user data, strengthening the domestic "Wetour × Tongcheng" intercity charter network. Transformation direction: Shrink low-margin domestic business ( 2024 revenue is expected to decrease by 70% year-on-year), and shift towards high-margin overseas package travel services (gross margin increases from 4.1% to 14.5% ).

Current profitability relies on the parallel tracks of business optimization and strategic investment: Travel service revenue: Main package tourism, charter services, and commuter buses, with revenue of 45.97 million yuan in the 2024 fiscal year, and losses narrowed to 4.06 million yuan (compared to a loss of 17.63 million yuan in the same period last year)17. Cost control: Operating expenses reduced by 49% to 13.89 million yuan, with sales/administrative/research and development expenses declining across the board, and cash flow turning positive to 55,000 yuan. XRP Strategic Reserve: Plans to raise $300 million through non-equity financing (loans, credit lines, internal cash) to establish an XRP reserve, managed by Samara Alpha, aimed at reducing cross-border payment costs and obtaining potential appreciation gains of 610.

The $300 million XRP reserve plan is the core transformation strategy of Webus, aiming to restructure the payment ecosystem: Improved payment efficiency: Utilizing the Ripple network to achieve cross-border settlement in 3-5 seconds, replacing the traditional SWIFT system (1-5 days), reducing intermediary bank fees by 89%. Operational cost optimization: Instant settlement of driver salaries and supplier payments to reduce capital retention costs; support "instant refunds" to enhance user experience. Web3 ecosystem layout: develop blockchain wallets, loyalty tokens, and on-chain booking systems, explore new revenue models such as NFT rewards. Strategic Value: Through the integration of XRP, Webus is expected to leverage a market capitalization of only $82.72 million to drive a payment revolution in the global MaaS market (estimated at $50.3 billion by 2030).

Webus's initiatives promote the institutionalization process of XRP, creating a chain reaction: Directly driving XRP demand: $300 million reserves account for approximately 0.45% of XRP's circulating market value, and after the announcement, the XRP price rose 2% to $2.25. Industry demonstration effect: Together with VivoPower ($121 million XRP reserves) and Wellgistics ($50 million), they form a trend of corporate adoption, attracting more companies to explore financial allocation of crypto assets. Regulatory linkage: Submit Form 6-K to the SEC to disclose plans and promote the compliance exploration of enterprise-level cryptocurrency applications.