Caocao Inc. is acquiring the entire equity interest in Geely Business. Certain directors of Caocao Inc. who also hold positions within the Geely Group have abstained from voting on the board resolution regarding the acquisition due to their material interest in the transaction. The company has also proposed the adoption of a share incentive scheme in connection with 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-20260127-12002098), on January 27, 2026, and is solely responsible for the information contained therein.
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