Caocao Inc. Says No Reason for Unusual Share Price and Volume Movements

Reuters12-15
Caocao Inc. Says No Reason for Unusual Share Price and Volume Movements

CaoCao Inc. issued a voluntary announcement addressing recent unusual movements in the price and trading volume of its shares. The company stated that, after making reasonable enquiries, it is not aware of any reasons for the fluctuations or any undisclosed inside information that would need to be made public. The Group's core ride-hailing business continues to operate steadily and in line with management expectations. CaoCao Inc. also reiterated its focus on improving operational efficiency, service quality, and advancing its medium-to-long-term strategies, including autonomous driving and international expansion. Management maintains a cautious yet positive outlook on the company's long-term prospects and advises shareholders and potential investors to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caocao Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251215-11956329), on December 15, 2025, and is solely responsible for the information contained therein.
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