Note: The ordinary shares in this IPO are issued by the holding company and not by the underlying business in China. (Incorporated in the Cayman Islands)

We are an emerging leader in China’s Collective Mobility Service (“CMS”) market that provides hassle-free and cost-effective mobility solutions with real-time AI-augmented online support and 24-7 itinerary management support through the VIE and its subsidiary and Wetour. The CMS utilizes privately operated vans and buses to offer customers an alternative way to public transportation when traveling in large groups. Customers come to our platform for any type of CMS, from day-to-day commute, inter-city trips, business visits and cross-province travel to guided tours and tailored vacation packages. Our diverse products and service portfolio covers budget, high-end and customized offerings that appeal to both our individual and corporate customers.

Established in 2019, we experienced rapid growth and ranked as the second-largest online CMS provider in terms of revenue generated in the first half of 2022 by Frost & Sullivan.

Webus expanded its operations to United States in March 2022 through Wetour Travel Tech LLC, a limited liability company formed in United States.

Our websites are: https://www.wetourvip.com/

https://www.wetourvip.cn/

https://www.webus.vip/

https://weixiaoba.vip/

https://www.ubus.vip

**Note: The website information is NOT part of this prospectus.

*Note: Net loss and revenue figures for the 12 months that ended Dec. 31, 2023 – in  U.S. dollars converted from China’s Renminbi: Net loss of $2.64 million on revenue of $11.88 million

*Note: Net loss and revenue figures for the 12 months that ended June 30, 2023 – in U.S. dollars converted from China’s Renminbi: Net loss of $2.48 million on revenue of $21.72 million. 

**Note: In comparison, net loss and revenue figures for the 12 months that ended Dec. 31, 2022: Net loss of US$0.93 million (net loss of US$930,000 on revenue of $25.98 million. The company’s FY2022 ended June 30, 2022. *Figures are in U.S. dollars converted from China’s Renminbi.

(Note: Webus International Ltd. cut its IPO’s size to 3.75 million shares – down from 4.0 million shares – and cut the high end of the price range to $5.00 – so the new price range is $4.00 to $5.00 – to raise $16.88 million, according to an F-1/A filing dated June 27, 2024.) 

(Note: Webus International Ltd. filed an F-1/A on March 17, 2023, disclosing terms for its IPO: 4.0 million shares at $4.00 to $6.00 to raise $20.0 million. Webus International Ltd. filed its F-1 on Feb. 10, 2023, without disclosing terms, for an IPO with estimated proceeds of $20 million. Webus submitted confidential IPO documents to the SEC on Sept. 23, 2022.)