# EDGAR Filing Document

**Accession Number:** 0001941158
**File Stem:** 0001575872-25-000384
**Filing Date:** 2025-6
**Character Count:** 20419
**Document Hash:** c0835db0b680fe8d2d9428c21338233b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001575872-25-000384.hdr.sgml**: 20250603

**ACCESSION NUMBER**: 0001575872-25-000384

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 8

**CONFORMED PERIOD OF REPORT**: 20250603

**FILED AS OF DATE**: 20250603

**DATE AS OF CHANGE**: 20250603

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Webus International Ltd.
- **CENTRAL INDEX KEY:** 0001941158
- **STANDARD INDUSTRIAL CLASSIFICATION:** LOCAL & SUBURBAN TRANSIT & INTERURBAN HWY PASSENGER TRAINS [4100]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42536
- **FILM NUMBER:** 251020159

**BUSINESS ADDRESS:**
- **STREET 1:** NO. 26 JUYE ROAD
- **STREET 2:** SUITE 1902, BLDG A JINXIU INTERNATIONAL
- **CITY:** HANGZHOU
- **STATE:** F4
- **ZIP:** 310052
- **BUSINESS PHONE:** 86-571-81389116

**MAIL ADDRESS:**
- **STREET 1:** NO. 26 JUYE ROAD
- **STREET 2:** SUITE 1902, BLDG A JINXIU INTERNATIONAL
- **CITY:** HANGZHOU
- **STATE:** F4
- **ZIP:** 310052

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16 UNDER**

**THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of June 2025**

**Commission File Number: 001-42536**

**Webus International Limited**

(Translation of registrant's name into English)

**25/F, UK Center, EFC, Yuhang District**

**Hangzhou, China 311121**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ⌧&nbsp;&nbsp;&nbsp;&nbsp; Form 40-F ◻

On June 2, 2025, Webus International Limited (the "Company") announced the signing of a Delegated Digital-Asset Management Agreement (the "Agreement") with Samara Alpha Management LLC ("Samara Alpha"), establishing a strategic framework for potential future digital asset treasury operations. A copy of the Agreement is attached hereto as Exhibit 99.1. The foregoing summary of the Agreement is subject to, and qualified in its entirety by, such document.

The Company issued two press releases on May 29 and June 2, 2025 (collectively, the "Press Releases") in connection with the Agreement. Copies of the Press Releases are attached hereto as Exhibits 99.2 and 99.3, respectively.

**EXHIBITS**

---

| | | |
|:---|:---|:---|
| **Exhibit**<br>**No.** |  | **Description** |
| [99.1](weto047_ex99-1.htm) |  | [Agreement between Webus International Limited and Samara Alpha Management LLC](weto047_ex99-1.htm) |
| [99.2](weto047_ex99-2.htm) |  | [Press release, dated May 29, 2025](weto047_ex99-2.htm) |
| [99.3](weto047_ex99-3.htm) | [](weto047_ex99-3.htm) | [Press release, dated June 2, 2025](weto047_ex99-3.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **Webus International Limited** | **Webus International Limited** |
| By: | /s/ Zheng Nan |
| Name:  | Zheng Nan |
| Title: | Chief Executive Officer |

---

Date: June 3, 2025

## Exhibit 99.1

**Exhibit 99.1**

**DELEGATED DIGITAL ASSET MANAGEMENT AGREEMENT**

This Delegated Digital Asset Management Agreement ("Agreement") is made and entered into as of May 28, 2025 (the "Execution Date"), by and between:

Webus International Limited ("Client" or "Webus"), an exempted company incorporated under the laws of the Cayman Islands with its shares listed on Nasdaq under ticker symbol "WETO";

and

Samara Alpha Management LLC ("Manager" or "Samara"), a Delaware limited liability company registered with the U.S. Securities and Exchange Commission ("SEC") as an investment adviser.

RECITALS

WHEREAS, Client desires to engage Manager to provide digital asset portfolio management services on a discretionary basis in accordance with the terms and conditions of this Agreement;

WHEREAS, Manager agrees to manage certain digital assets of Client in accordance with the investment guidelines set forth herein;

NOW, THEREFORE, the parties agree as follows:

ARTICLE 1: EFFECTIVENESS

1.1 This Agreement shall become effective only upon the actual transfer of digital assets by Client to the designated custody wallet (the "Asset Transfer Date"). Prior to such transfer, the Agreement shall be non-operative except for the confidentiality provisions in Article 6.

1.2 The parties acknowledge that no assets or funds have been transferred or committed as of the Execution Date. Manager's obligations under this Agreement begin only upon the Asset Transfer Date.

ARTICLE 2: ENGAGEMENT AND SCOPE

2.1 Subject to the terms and conditions of this Agreement, Client hereby appoints Manager as its exclusive delegated manager to manage Client's digital asset portfolio.

2.2 The assets subject to this Agreement shall include digital assets selected by Client and delivered to a designated custody wallet (the "Managed Assets").

2.3 The aggregate value of the Managed Assets under this Agreement shall not exceed US$300,000,000 unless otherwise agreed in writing by both parties.

ARTICLE 3: SERVICES

3.1 Manager shall manage the Managed Assets in accordance with guidelines to be provided by Client, which may include allocation to staking, yield-bearing protocols,custody platforms, and on-chain or OTC strategies.

3.2 Manager shall act in good faith, with reasonable care, skill, and diligence, and in accordance with all applicable laws and regulations.

3.3 Manager shall have discretion over investment decisions within agreed risk parameters, and shall provide monthly portfolio reports and quarterly performance summaries.

ARTICLE 4: CUSTODY AND CONTROL

4.1 Managed Assets shall be held in wallets under dual or multi-signature custody arrangements, with at least one key retained by Client.

4.2 Manager shall not have unilateral withdrawal rights over any Managed Assets.

ARTICLE 5: FEES AND EXPENSES

5.1 The fee structure shall be as follows:

· Management Fee: 2.0% per annum of AUM (daily-pro-rated), payable quarterly in arrears.

· Performance Fee: 20% of Net Profit for the quarter, over the High-Water Mark.

· Staking Rewards Split: Client 80% / Manager 20%.

· Direct Expenses: Custody, gas, audit, etc. – at cost.

5.2 Client shall reimburse Manager for reasonable out-of-pocket expenses incurred in connection with the services provided.

ARTICLE 6: CONFIDENTIALITY

6.1 Each party agrees to maintain the confidentiality of all non-public, proprietary, or sensitive information obtained from the other party in connection with this Agreement for a period of two (2) years following termination.

ARTICLE 7: TERM AND TERMINATION

7.1 This Agreement shall remain in effect for an initial term of three (3) years following the Asset Transfer Date, unless earlier terminated in accordance with this Article.

7.2 Either party may terminate this Agreement with ninety (90) days' prior written notice.

7.3 In the event of material breach, insolvency, or regulatory disqualification, either party may terminate immediately.

ARTICLE 8: MISCELLANEOUS

8.1 This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflict-of-law principles.

8.2 Disputes shall be resolved through binding arbitration in New York City under the rules of the ICC.

8.3 This Agreement may be executed in counterparts and via electronic signature.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the Execution Date.

---

| | |
|:---|:---|
| Webus International Limited | Webus International Limited |
| By: | ![](weto047_ex99-1img01.jpg)<br>|
| Name:  | Nan Zheng |
| Title:  | CEO |

---

Samara Alpha Management LLC

---

| | |
|:---|:---|
| By:  | ![](weto047_ex99-1img02.jpg) |
| Name:  | Adil Abdulali |
| Title:  | CIO |

---

## Exhibit 99.2

**Exhibit 99.2**

![](weto047_ex99-2img03.jpg)<br>

**Webus International Limited Announces Up To US$300 Million Strategic Financing Plan for XRP Blockchain**<br>

**Integration and Renews Nationwide Partnership with Toncheng Travel**

HANGZHOU, China, May 29, 2025 (GLOBE NEWSWIRE) — Webus International Limited ("Webus," the "Company," "we," "our," or "us") (**NASDAQ: WETO**), a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide, today announced two complementary strategic developments that significantly advance its vision of a seamless, borderless travel ecosystem.

The Company is exploring a financing strategy of up to US$300 million (the "Financing") through a diversified mix of non-equity funding vehicles to establish an XRP reserve for supporting global payment solutions. This approach includes the potential use of available cash reserves, bank lending, shareholder guarantees, and third-party institutional-backed credit facilities from traditional banks. By leveraging these non-dilutive financing methods, the Company seeks to maintain capital flexibility, support long-term growth, and preserve shareholder value while advancing its strategic objective in the digital asset and cross-border paryment space. In addition, the Company renewed its nationwide mobility partnership (the "Partnership") with Tongcheng Travel Holdings Ltd. (HKSE: 0780.HK), one of China's largest online travel platforms.

"These strategic developments have the potential to create a powerful synergy between our domestic and international operations," said Nan Zheng, Chief Executive Officer of Webus. "Our partnership with Tongcheng strengthens our China network infrastructure, while the integration of an XRP blockchain integration has the potential to revolutionize how we handle cross-border payments for both partners and travelers worldwide."

The Financing, which is currently under discussion, would provide support for three key Webus initiatives:

&nbsp;&nbsp;&nbsp;&nbsp;· Establishment of a strategic XRP reserve enabling instant, low-cost cross-border settlements

&nbsp;&nbsp;&nbsp;&nbsp;· Development of a comprehensive blockchain infrastructure including wallets, Web3 loyalty tokens, and on-chain booking records

&nbsp;&nbsp;&nbsp;&nbsp;· Acceleration of global expansion initiatives<br>

The renewed multi-year strategic cooperation with Tongcheng extends their successful "Wetour × Tongcheng" branded inter-city charter lines throughout China. The partnership leverages Tongcheng's vast mobility data and 240 million annual paying users with Webus's premium vehicle network to deliver seamless first- and last-mile services domestically.

"Our technology roadmap now delivers end-to-end innovation," Zheng added. "Domestically, our Tongcheng Partnership provides unmatched reach across China's mobility landscape. Internationally, our potential XRP implementation can eliminate traditional payment friction, allowing instant settlement with chauffeurs and service providers worldwide while providing immediate refunds when needed. Together, these initiatives can create a truly borderless travel experience for our customers."

The Financing Plan remains non-binding until definitive documentation is completed and specified conditions are satisfied.

**About Webus International Limited**

Webus International Limited is a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide. Through our innovative "Mobility-as-a-Service" (MaaS) model, we deliver exceptional personalized transportation experiences with our extensive fleet of luxury vehicles and professional chauffeurs.

Our flagship brand "Wetour" specializes in high-end customized travel services, offering airport transfers, intercity transportation, private guided tours, and luxury chartered services for both leisure and business travelers. Leveraging proprietary technology, our platform integrates real-time AI support with 24/7 multilingual itinerary management, ensuring seamless mobility solutions across all international destinations we serve. For more information, please visit our website at www.webus.vip or <u>www.wetourglobal.com.</u>

**About Tongcheng Travel**

Tongcheng Travel stands as a leading travel platform in China with a large and diverse user base. It was listed on the Hong Kong Stock Exchange in November 2018 under the stock code 0780.HK.

Tongcheng Travel is a one-stop shop for users' travel needs. Guided by the mission to "make travel easier and more joyful," Tongcheng Travel provides a wide array of innovative products and services covering every aspect of travel. Tongcheng Travel's offerings encompass transportation ticketing, accommodation bookings, tourist attraction tickets, packaged tours, and a variety of value-added ancillary services. Tongcheng Travel is dedicated to evolving its product and service to continuously meet the changing demands of its users throughout their journeys.

**Forward-Looking Statements** 

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the trading of its ordinary shares on the Nasdaq Capital Market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at <u>www.sec.gov.</u> The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

**Investor Relations Contact:**

Matthew Abenante, IRC

President

Strategic Investor Relations, LLC

Tel: 347-947-2093

Email: <u>matthew@strategic-ir.com</u>

## Exhibit 99.3

**Exhibit 99.3**

![](weto047_ex99-3img04.jpg)<br>

**Webus Signs up to $300 Million XRP Treasury Management Agreement with Top-Tier Manager Samara** <br>

**Alpha, Making a Major Step in Its XRP Treasury Strategy**

Hangzhou, CHINA – June 2, 2025 (GlobeNewswire) -- Webus International Limited ("Webus" or the "Company") (**NASDAQ: WETO**), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the signing of a Delegated Digital-Asset Management Agreement (the "Agreement") with Samara Alpha Management LLC ("Samara Alpha"), a top-tier SEC-registered investment adviser, establishing a strategic framework for potential future digital asset treasury operations.

**Framework for Digital Asset Management**

The Agreement establishes Samara Alpha as Webus's exclusive delegated manager for digital assets, with an authorized mandate cap of up to US$300 million. This strategic framework, as mentioned in our press release on May 29, 2025, is designed to provide Webus with institutional-grade infrastructure and expertise for potential future digital asset treasury operations, specifically focused on XRP management.

This Agreement represents a major step in Webus's exploration of innovative treasury strategies, though it is important to note that the Agreement is structured with a phased implementation approach. The management mandate becomes effective only upon Webus's actual transfer of digital assets to designated custody wallets. As of this announcement, no assets have been committed or transferred, and no investment activity has commenced under this framework.

**Management Commentary**

Mr. Nan Zheng, Chief Executive Officer of Webus, stated, "This Agreement defines a clear structure for trusted digital asset management in the future. As we continue to evaluate innovative approaches to treasury management, establishing this framework with a regulated, institutional-grade partner provides us with strategic optionality while maintaining prudent controls. Samara Alpha brings institutional-grade discipline, and we look forward to activating the mandate when operational needs and funding align."

Mr. Adil Adbulali, Chief Investment Officer at Samara Alpha, added, "We are proud to partner with Webus on this long-term mandate. Our institutional approach to digital asset management combines rigorous risk management with specialized expertise in this evolving asset class. Upon activation, we will deliver secure, regulated infrastructure for responsible crypto asset management, leveraging our experience to provide Webus with professional oversight of their potential future digital asset operations."

**About Webus International Limited**

Webus International Limited is a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide. Through our innovative "Mobility-as-a-Service" (MaaS) model, we deliver exceptional personalized transportation experiences with our extensive fleet of luxury vehicles and professional chauffeurs.

Our flagship brand "Wetour" specializes in high-end customized travel services, offering airport transfers, intercity transportation, private guided tours, and luxury-chartered services for both leisure and business travelers. Leveraging proprietary technology, our platform integrates real-time AI support with 24/7 multilingual itinerary management, ensuring seamless mobility solutions across all international destinations we serve. For more information, please visit our website at <u>https://ir.wetourglobal.com</u> or <u>www.wetourglobal.com.</u> 

**Forward-Looking Statements** 

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the trading of its ordinary shares on the Nasdaq Capital Market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at <u>www.sec.gov</u><u>.</u> The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

**Investor Relations Contact:**

Matthew Abenante, IRC

President

Strategic Investor Relations, LLC

Tel: 347-947-2093

Email: <u>matthew@strategic-ir.com</u>