Caocao Inc. Acquires Entire Equity Interest in Weixing Technology

Reuters2025-12-30

Caocao Inc. Acquires Entire Equity Interest in Weixing Technology

Caocao Inc. is acquiring the entire equity interest in Weixing Technology through its consolidated affiliated entity Hangzhou Youxing. The transaction involves agreements with Zhejiang Jidi, Mercedes-Benz Mobility, and Geely Holding. Certain directors with roles in Geely Holding and Weixing Technology abstained from voting on the board resolution due to their material interests in the acquisition.

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-20251230-11971498), on December 30, 2025, and is solely responsible for the information contained therein.

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Acquires Entire Equity Interest in Weixing Technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-30 20:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Caocao Inc. Acquires Entire Equity Interest in Weixing Technology\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Caocao Inc. is acquiring the entire equity interest in Weixing Technology through its consolidated affiliated entity Hangzhou Youxing. 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Certain directors with roles in Geely Holding and Weixing Technology abstained from voting on the board resolution due to their material interests in the acquisition.\n      \n\n\nDisclaimer: 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. 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