股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 快狗打车控股有限公司 呈交日期: 2025年11月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02246 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.000025 | USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | 0 | | 本月底結存 | | | 2,000,000,000 | USD | | 0.000025 | USD | | 50,000 | 本月底法 ...

Core Viewpoint - Kuaigou Dache has failed to implement real-name registration for freight owners as promised, reflecting a lack of commitment to the self-regulatory agreement signed with other logistics platforms [2][3]. Group 1: Company Performance - In the first half of 2025, Kuaigou Dache reported revenues of 328 million yuan, a year-on-year increase of 1.3%, but incurred a loss of 114 million yuan, which is a 37% increase in losses compared to the previous year [3]. - The total loss for Kuaigou Dache from 2018 to 2024 is approximately 5.29 billion yuan, with an adjusted net loss totaling about 2.163 billion yuan [4]. - The company has announced plans to eliminate the "double charging" model for membership and information service fees starting July 2025, and will reduce the non-member commission cap from 20% to 16% [5]. Group 2: Market Position - Kuaigou Dache's brand recognition in mainland China has diminished compared to its competitors [6]. - The company's revenue contribution from mainland China has decreased from 45% in 2022 to 38% in 2023, and is projected to drop to 25% in 2024, while overseas revenue is increasing [7]. - The number of completed shipping orders on the platform has declined from 32.4 million in 2018 to 14.5 million in 2024, with the domestic market share falling to 0.8% [7]. Group 3: Leadership Changes - The founder of Kuaigou Dache, Chen Xiaohua, resigned as chairman and executive director in December 2023, with Lin Kaiyuan appointed as the new chairman [8]. - Chen Xiaohua was a key figure in the company's history, having founded its predecessor, 58 Suyun, and played significant roles in 58 Tongcheng and other ventures [8].

Summary of Key Points Core Viewpoint - As of November 4, a total of 68 stocks reached their 52-week highs, with notable performances from companies such as Aide New Energy, Zhi'ao Holdings, and China Supply Chain Industry, showcasing significant price increases and investor interest [1]. 52-Week Highs - Aide New Energy (02623) achieved a closing price of 3.120, with a peak of 4.000, marking a remarkable increase of 354.55% [1]. - Zhi'ao Holdings (08581) reached a closing price of 0.660, hitting a high of 0.880, reflecting a 100% increase [1]. - China Supply Chain Industry (03708) closed at 0.032, with a high of 0.036, indicating a 38.46% rise [1]. - Other notable stocks include Tiancheng Holdings (02110) with a 25.52% increase and CTR Holdings (01416) with a 21.43% increase [1]. 52-Week Lows - Yinghui Enterprises Holdings (02959) recorded a closing price of 0.395, with a low of 0.315, resulting in a decline of 12.50% [2]. - Huaxia SOL-R (83460) closed at 5.795, reaching a low of 5.805, down by 11.03% [2]. - Huaxia SOL (03460) saw a closing price of 6.305, with a low of 6.295, reflecting a decrease of 10.77% [2].

Group 1 - Starbucks announced a strategic partnership with Boyu Capital to establish a joint venture, selling 60% of its China business for an enterprise value of approximately $4 billion, aiming to expand the number of stores in China from 8,000 to 20,000 [1] - OpenAI's CEO Sam Altman denied rumors of an IPO in 2024, stating that there is no specific date for going public [2] - Weima Automobile hinted at an upcoming event related to new products and services, indicating a recovery in its operations [2] Group 2 - Autohome launched an e-commerce platform to provide a full-service experience for car buyers, integrating online and offline resources [4] - The founder of Quan Guo Fund, Wang Guobin, passed away unexpectedly, having significant contributions to the asset management industry [4] - Didi announced an upgrade to its membership program, enhancing user experience with new benefits [4] Group 3 - Microsoft CEO Satya Nadella indicated the possibility of resuming hiring, contingent on employees acquiring skills to collaborate with AI [5] - Apple delayed the launch of its AI feature "Apple Intelligence" in China, facing technical challenges [7] - Xiaopeng Motors' CEO expressed ambitions to mass-produce robots by 2026, comparing the current state of robotics to early electric vehicles [7] Group 4 - Alphabet plans to issue at least €3 billion in bonds to finance its AI expansion efforts [9] - Apple is set to enhance Siri with Google's Gemini AI, marking a rare collaboration between the two companies [10] - Anshi Semiconductor's factory in Dongguan continues normal operations despite external challenges, with significant orders from clients [12] Group 5 - Changan Ford's chairman Zhu Huarong has stepped down, with Zhao Fei taking over the position [12] - Zhou Dasheng reported a net closure of 560 stores in the past year, primarily affecting franchise locations [13] - Kade Investment is rumored to be considering a merger with Frasers Property, but has not confirmed any details [13] Group 6 - Chipmaker Xinzhenwei completed a multi-hundred million yuan Series A financing round [14] - Kuaishou's subsidiary increased its registered capital significantly, indicating growth in its operations [14] - AI medical imaging company Shukun Technology is preparing for an IPO, aiming to capitalize on favorable market conditions [15] Group 7 - Yujian Robotics launched the Rover X1 home robot, featuring advanced technology for versatile applications [16] - Xingji Power introduced its first humanoid robot, with plans for mass production by 2026 [18] - Huawei's Mate70 Air smartphone was leaked, showcasing its design and features [21] Group 8 - The China Road Transport Association announced that major logistics platforms have implemented real-name registration for freight owners [23] - Global TV shipments fell below 50 million units for the first time in history, with a projected recovery in the fourth quarter [24]

Group 1 - The China Road Transport Association has pointed out that Kuaigou Dache has not fulfilled its commitment to complete the real-name authentication of cargo owners as per the Self-Discipline Convention signed by four logistics platforms [1][2] - The Self-Discipline Convention, effective from November 1, 2025, mandates that the four platforms, including Kuaigou Dache, must not provide cargo information services to unregistered cargo owners [1] - Three platforms, namely Manbang Group, Huo Lala, and Didi Delivery, have complied with the real-name authentication requirements, while Kuaigou Dache has failed to do so [1] Group 2 - The China Road Transport Association indicates that Kuaigou Dache's failure to implement real-name authentication reflects a lack of seriousness towards the Self-Discipline Convention and the protection of truck drivers' rights [2] - The Association recommends that Kuaigou Dache promptly implement the real-name authentication requirements to safeguard the legal rights of truck drivers [2]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 快狗打车控股有限公司 呈交日期: 2025年10月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02246 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.000025 | USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | 0 | | 本月底結存 | | | 2,000,000,000 | USD | | 0.000025 | USD | | 50,000 | 本月底法定 ...

Financial Performance - Total revenue for the six months ended June 30, 2025, was RMB 328.3 million, a year-on-year increase of 1.3%[9] - Gross profit decreased by 17.3% to RMB 93.3 million compared to RMB 112.7 million in the same period last year[9] - The company reported a loss before tax of RMB 114.6 million, an increase of 36.4% from RMB 84.0 million in the previous year[9] - Adjusted net loss for the period was RMB 74.5 million, a 120.0% increase from RMB 33.8 million in the previous year[9] - Operating loss increased by 36.2% from RMB 84.5 million for the six months ended June 30, 2024, to RMB 115.1 million for the six months ended June 30, 2025[38] - Net loss for the period increased by 37.0% from RMB 82.9 million for the six months ended June 30, 2024, to RMB 113.6 million for the six months ended June 30, 2025[41] - The company reported a basic and diluted loss per share of RMB 1.80, compared to RMB 1.31 in the previous year[121] - The company’s total comprehensive loss for the period was RMB 110,535 thousand, compared to a total comprehensive income of RMB 154,507 thousand in the prior year, highlighting a downturn in overall financial performance[128] User and Market Metrics - The number of registered users reached 34.9 million, while registered drivers totaled 7.1 million[13] - The total gross transaction value (GTV) for the period was RMB 709.2 million, with 5.5 million completed transport orders[13] - The company achieved significant growth in overseas markets, with Hong Kong growing by 15.6% and India by 25.2%[13] - The strategic focus on international expansion resulted in overseas markets contributing 79.2% of total revenue[12] - Revenue from enterprise services reached RMB 233.9 million, reflecting a robust growth of 10.5% year-on-year, and accounted for 71.2% of total revenue[25] Expenses and Cost Management - Sales and marketing expenses decreased by 39.4% from RMB 69.3 million for the six months ended June 30, 2024, to RMB 42.0 million for the six months ended June 30, 2025[31] - General and administrative expenses decreased by 3.7% from RMB 77.4 million for the six months ended June 30, 2024, to RMB 74.5 million for the six months ended June 30, 2025[32] - Research and development expenses increased by 385.3% from RMB 11.6 million for the six months ended June 30, 2024, to RMB 56.3 million for the six months ended June 30, 2025[33] - Employee benefits expenses for the six months ended June 30, 2025, were RMB 79.0 million, a decrease of 15.3% from RMB 93.3 million in 2024[59] Cash Flow and Capital Expenditures - Operating cash used in the first half of 2025 was RMB 115.8 million[20] - Capital expenditures for the six months ended June 30, 2025, amounted to RMB 6.0 million[20] - Cash and cash equivalents amounted to RMB 129.2 million as of June 30, 2025[48] - The company recorded net cash from investing activities of RMB 51,052 thousand for the six months ended June 30, 2025, down from RMB 206,236 thousand in 2024[50] - The ending cash and cash equivalents balance as of June 30, 2025, was RMB 126,389 thousand, down from RMB 359,735 thousand at the end of June 30, 2024, indicating a significant cash reduction[128] Shareholder and Equity Information - Major shareholders include 58同城 with a 37.72% stake and 姚先生 with a 38.59% stake in the company[82] - As of June 30, 2025, the total number of issued ordinary shares was 62,894,739[79] - The company did not declare any interim dividend for the six months ending June 30, 2025[72] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[75] Strategic Initiatives and Acquisitions - The company announced the acquisition of 100% equity in Bestar Information Technology Co., Ltd. for HKD 11,922,600 on June 12, 2025[64] - The company aims to seek strategic alliances, investments, and acquisitions in overseas markets, with 20% of the proceeds (HKD 110.9 million) allocated for this purpose[76] - On August 12, 2025, the company completed the acquisition of 100% equity of BITS Solution Limited for a total consideration of HKD 11,922,600, enhancing its capabilities in AI chatbot systems and CRM integration[196] Financial Position and Assets - Total assets decreased to RMB 486,490 thousand from RMB 621,118 thousand at the end of 2024, reflecting a decline of 21.7%[122] - Total liabilities decreased to RMB 300,596 thousand from RMB 324,304 thousand, a reduction of 7.3%[124] - The company’s equity attributable to owners decreased to RMB 189,058 thousand from RMB 299,426 thousand, a decline of 37.0%[122] - The company recognized an impairment loss of RMB 39,000,000 on goodwill during the six months ended June 30, 2025[160] Stock Options and Incentive Plans - The company granted a total of 10,413,446 stock options under the share incentive plan prior to its listing on June 24, 2022[108] - As of June 30, 2025, the number of unexercised stock options granted was 7,638,624, with an average exercise price ranging from $0.001 to $7.8[111] - The company has not granted any new stock options or incentives under the share incentive plan during the reporting period, resulting in zero potential shares to be issued[115] - The total number of stock options under the GoGoVan Cayman plan is capped at 14,901,508 shares, with a vesting period of three years[179] Related Party Transactions - The company provided services to related parties, generating RMB 37 thousand in revenue for the six months ended June 30, 2025[192] - The company incurred rental expenses of RMB 1,919 thousand to entities controlled by Daojia Limited for the six months ended June 30, 2025[192] - The company has maintained a consistent approach to related party transactions, with receivables and payables reflecting stable operational relationships[193]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 快狗打车控股有限公司 呈交日期: 2025年9月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02246 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.000025 USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 2,000,000,000 | USD | | 0.000025 USD | | 50,000 | 本月底法定/註冊股本總額： USD 50,000 FF301 第 1 頁 共 10 頁 ...

Core Insights - The company reported a revenue of RMB 328 million for the first half of 2025, reflecting a year-on-year growth of 1.3% [1] - The company incurred a loss of RMB 114 million during the same period, with a year-on-year increase in losses of 37.0% [1] - Adjusted net loss amounted to RMB 74.46 million, representing a significant year-on-year increase of 120.0% [1] Revenue Performance - Revenue growth was primarily driven by the performance in Hong Kong and overseas markets, which collectively contributed RMB 259.9 million, marking a growth of 10.8% [1] - The revenue from the mainland China market declined by 23.8%, dropping from RMB 89.7 million to RMB 68.4 million [1] - The international expansion strategy has proven effective, with Hong Kong and overseas business now accounting for 79.2% of total revenue [1] Market Growth - The Hong Kong market experienced a growth of 15.6%, demonstrating the company's strong service quality and brand recognition [1] - The Singapore market grew by 15.2%, attributed to the company's strategic expansion into electric vehicle logistics and partnerships with well-known brands [1] - The Indian market recorded a rapid growth of 25.2%, benefiting from its first-mover advantage [1] User and Transaction Metrics - As of June 30, 2025, the company has attracted a total of 34.9 million registered users and 7.1 million registered drivers [2] - During the reporting period, the company completed 5.5 million transportation orders, with a total gross transaction value (GTV) of RMB 709.2 million [2]

Group 1 - The core viewpoint of the article highlights that Kuaigou Dache (快狗打车) reported a net loss of 114 million RMB for the six months ending June 30, 2025, which represents a 37% year-on-year increase in losses [1] - The company's revenue for the same period was 328 million RMB, showing a modest growth of 1.3% compared to the previous year [1] - The loss per share for the company was reported at 1.8 RMB [1]