CAOCAO INC's business operations are normal, and the core ride-hailing operations meet expectations

AASTOCKS
2025.12.15 16:37

CAOCAO INC (02643.HK) issued a statement regarding unusual fluctuations in stock price and trading volume. Currently, the group's business operations are normal, and there have been no significant adverse changes in the overall business fundamentals. The core ride-hailing business continues to develop steadily, and the operating conditions meet management's expectations; the group's medium- to long-term strategic direction in the autonomous driving (Robotaxi) sector is clear and is being steadily advanced according to plan. At the same time, the group is steadily strengthening its international business layout and actively exploring overseas markets and related cooperation opportunities