HK Stock Movement | CAOCAO INC (02643) Rises Over 6% After Announcing Robotaxi "Decade, Hundred Cities, Trillion Yuan" Strategy

Stock News12-04

CAOCAO INC (02643) surged over 6%, trading at HK$48.74 with a turnover of HK$53.83 million by the time of reporting. The company held a Robotaxi strategy upgrade conference in Hangzhou on December 3, where CEO Gong Xin unveiled an ambitious "Decade, Hundred Cities, Trillion Yuan" strategic goal. Additionally, CAOCAO INC launched its first future urban mobility hub—the "Green Intelligent Transit Island."

Backed by Geely's technology ecosystem, CAOCAO INC is accelerating the commercialization of Robotaxi services. According to an official announcement, Qianli Zhijia and CAOCAO INC have signed a strategic cooperation agreement to deepen collaboration in the Robotaxi sector. The partnership aims to integrate resources, enhance operational efficiency, and expand the coverage of autonomous ride-hailing services. Both parties will jointly explore innovative applications of autonomous driving in shared mobility scenarios.

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