本公司認為，相關管理層成員自願限售其所持本公司股份的承諾展現了其對本集 團的信心，並有利於本集團持續、穩定、健康發展。 本公司股東及潛在投資者於買賣本公司證券時務請審慎行事。 承董事會命 曹操出行有限公司 董事會主席 楊健先生 香港，2025年12月16日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 CaoCao Inc. 曹操出行有限公司 （於開曼群島註冊成立的有限公司） （股份代號：02643） 自願公告 管理層自願限售所持股份 本公告乃由曹操出行有限公司（「本公司」，連同其附屬公司及併表聯屬實體，統 稱「本集團」）自願作出。 本公司董事會（「董事會」）宣佈，於2025年12月16日，合計19名本公司管理層成 員（包括所有根據本公司於2022年11月採納的股份激勵計劃（「首次公開發售前 股份激勵計劃」）獲授予期權的本公司董事）（「相關管理層成員」）自願向本公司承 諾，於直至2026年6月24日之期間內，其不會出售根據首次公開發售前股份激勵 計劃 ...

【财华社讯】曹操出行(02643.HK)公布，董事会注意到公司股份价格及成交量近期出现不寻常变动。经 作出合理查询后，董事会确认，其并不知悉任何导致该等股价及成交量变动原因，或任何必须披露以避 免公司证券出现虚假市场资料或任何须根据香港法例第571章证券及期货条例第XIVA部予以披露內幕消 息。 目前，集团业务营运正常，整体业务基本面未发生任何重大不利变化。核心网约车业务保持稳健发展， 经营情况符合管理层预期；同时，集团在自动驾驶(Robotaxi)领域的中长期战略方向清晰，并按既定规 划稳步推进。与此同时，集团正稳步加强国际化业务布局，积极探索海外市场及相关合作机会，以支持 公司中长期发展战略。 董事会谨此重申，集团将继续专注于主营网约车业务，持续提升运营效率及服务质量，并在审慎原则下 推进包括自动驾驶及国际化拓展在內的中长期战略布局。公司管理层对集团的长期发展前景保持审慎而 积极的态度。 本文源自：财华网 ...

Core Viewpoint - The company, Cao Cao Mobility (02643), has noted unusual fluctuations in its share price and trading volume, but the board is not aware of any reasons for these changes or any undisclosed information that could affect the market [1] Business Operations - The group's business operations are normal, and there have been no significant adverse changes in the overall business fundamentals [1] - The core ride-hailing business is experiencing steady development, with operational performance meeting management expectations [1] Strategic Direction - The company has a clear long-term strategic direction in the autonomous driving (Robotaxi) sector and is progressing steadily according to its established plans [1] - The group is actively enhancing its international business layout and exploring overseas market opportunities to support its long-term development strategy [1] Focus Areas - The board reaffirms the company's commitment to focusing on its core ride-hailing business, continuously improving operational efficiency and service quality [1] - The company will prudently advance its long-term strategic layout, including developments in autonomous driving and international expansion [1] - Management maintains a cautious yet positive outlook on the group's long-term development prospects [1]

Core Viewpoint - The company, Cao Cao Mobility, has observed unusual fluctuations in its stock price and trading volume, but the board confirms there are no known reasons for these changes and that business operations remain normal [1] Group 1: Business Operations - The core ride-hailing business is experiencing steady growth, with operational performance meeting management expectations [1] - The company is advancing its long-term strategy in the autonomous driving (Robotaxi) sector according to established plans [1] Group 2: International Expansion - The company is actively enhancing its international business layout and exploring overseas market opportunities to support its long-term development strategy [1] Group 3: Strategic Focus - The board reaffirms the commitment to focus on the core ride-hailing business, continuously improving operational efficiency and service quality while cautiously advancing its long-term strategies, including autonomous driving and international expansion [1]

自願公告 股價及成交量不尋常變動 本公告乃由曹操出行有限公司（「本公司」，連同其附屬公司及併表聯屬實體，統 稱「本集團」）自願作出。 本公司董事會（「董事會」）注意到本公司股份價格及成交量近期出現不尋常變動。 經作出合理查詢後，董事會確認，截至本公告日期，其並不知悉任何導致該等股 價及成交量變動之原因，或任何必須披露以避免本公司證券出現虛假市場之資料 或任何須根據香港法例第571章證券及期貨條例第XIVA部予以披露之內幕消息。 目前，本集團業務營運正常，整體業務基本面未發生任何重大不利變化。核心網 約車業務保持穩健發展，經營情況符合管理層預期；同時，本集團在自動駕駛 (Robotaxi)領域的中長期戰略方向清晰，並按既定規劃穩步推進。與此同時，本集 團正穩步加強國際化業務佈局，積極探索海外市場及相關合作機會，以支持本公 司中長期發展戰略。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 董事會謹此重申，本集團將繼續專注於主營網約車業務，持續提升運營效率 ...

Core Insights - The article highlights the recognition of Cao Cao Mobility as a leading innovator in the Robotaxi sector, winning the "2025 Annual Typical Innovation Case" award at the 19th Huaxia Institutional Investor Annual Conference, showcasing its role in the intelligent and connected transformation of the transportation industry [1] Group 1: Company Achievements - Cao Cao Mobility's Robotaxi innovation focuses on safety and commercialization, demonstrating resilience and vitality in the face of industry transformation [1] - The company has outlined a "three-step" strategy for Robotaxi, which includes initial technology validation and small-scale testing, transitioning to mixed operations of human-driven and autonomous vehicles, and ultimately launching fully customized Robotaxi services globally [3][4] - The CEO announced the launch of the world's first "green intelligent passage island," which integrates multiple automated functions and aims to establish foundational infrastructure for future urban transportation [4] Group 2: Strategic Goals - Cao Cao Mobility has set a global strategic goal of establishing five operational centers over the next decade, expanding Robotaxi services to 100 cities, and achieving a total transaction value (GTV) of 100 billion RMB [4] - The company has signed a memorandum of cooperation with the Abu Dhabi Investment Office, marking the beginning of its global operational expansion [4] Group 3: Industry Perspective - Industry experts believe that the transportation sector is shifting from merely addressing availability to enhancing quality and efficiency, with a focus on optimizing existing resources through technology [5] - The long-term investments made by Cao Cao Mobility in the Robotaxi field are expected to fundamentally optimize operational cost structures and improve overall traffic system efficiency, setting a benchmark for the entire transportation industry and urban traffic management [5]

Core Viewpoint - The incident highlights the failure of Cao Cao Travel's "Hat" ride-hailing service to deliver on its promise of providing vehicles equipped with professional accessibility features, leading to difficulties for disabled individuals in transportation [1][2]. Group 1: Service Commitment and Compliance - A resident in Fuzhou reported that the "Hat" ride-hailing service did not fulfill its commitment of equipping each vehicle with professional accessibility facilities, specifically noting that out of 50 vehicles, 14 lacked necessary features such as ramp access [1]. - The company had previously advertised that "Hat" vehicles would include specialized models with pull-out ramps and rotating seats, and that drivers would receive training in accessibility services [1]. Group 2: Regulatory Response and Rectification - Following a complaint, the Fuzhou Road Transport Development Center confirmed the lack of accessibility features and mandated Cao Cao Travel to rectify the situation within a specified timeframe [1]. - As of the center's report, 44 out of the operational vehicles had completed the required modifications, while 6 vehicles needed to be fully compliant before they could operate [1]. Group 3: Ongoing Issues and Management Gaps - Despite claims of rectification, the resident found that some modified vehicles did not restore the original pull-out ramps but instead used makeshift metal plates stored in the trunk, raising concerns about safety and convenience [1]. - The incident reveals potential management disconnects within the ride-hailing platform regarding standardization of vehicle specifications, maintenance of facilities, and training of drivers for special service models [2].

Core Viewpoint - The issue regarding Cao Cao Mobility's "Hat Car" service, which claims to provide accessible facilities, has garnered public attention due to unfulfilled promises regarding accessibility features [1][4]. Group 1: Incident Overview - The Fuzhou transportation department has responded to complaints, stating they will urge Cao Cao Mobility to improve service facilities and apologize to the complainant [1][4]. - The complainant, Mr. Guo, reported that since July 2025, he has faced multiple instances where the "Hat Car" did not have the promised accessibility features, specifically the ramp for wheelchair access, leading to significant disruptions in his travel plans [1][4]. - A recent investigation by a local news outlet confirmed that a "Hat Car" did not have the required accessibility ramp, corroborating Mr. Guo's claims [5]. Group 2: Company Response and Actions - Cao Cao Mobility has acknowledged the complaints and stated that they have taken the matter seriously, implementing comprehensive rectifications [1][4]. - The company has reported that most of the 50 "Hat Cars" in Fuzhou have completed the necessary improvements [4]. Group 3: Business Performance and Growth - As of October 30, Cao Cao Mobility reported a revenue of RMB 6.2 billion for the six months ending June 30, 2024, representing a 24.7% increase year-over-year [8]. - The company has expanded its operational reach to 83 cities, a 60% increase compared to the end of 2023 [8]. - The gross margin has improved from 5.8% in 2023 to 7.0% [8]. Group 4: Accessibility Initiatives - Cao Cao Mobility launched a social assistance initiative for disabled individuals, promoting a solution that integrates accessible vehicles with ride-hailing services [7]. - As of early 2024, the company has deployed over 1,000 accessible vehicles, serving more than 5 million citizens [7].

Core Insights - Cao Cao Mobility (02643.HK) has announced a strategic upgrade for its Robotaxi services, aiming for a "Ten Years, One Hundred Cities, One Hundred Billion" goal, targeting a total transaction value (GTV) of 100 billion RMB over the next decade [2][3] - The company has established a strategic partnership with Qianli Zhijia to accelerate the commercialization of Robotaxi services, leveraging L4-level autonomous driving technology [2][4] Company Overview - Founded in 2015 and headquartered in Suzhou, Cao Cao Mobility is a ride-hailing platform incubated by Geely Holding Group, currently the second-largest shared mobility platform in China [2] - The company went public on the Hong Kong Stock Exchange on June 25, with a market capitalization of approximately 28 billion HKD [2] Robotaxi Strategy - The Robotaxi strategy consists of a three-phase approach: initial demonstration operations in Suzhou and Hangzhou, transitioning from human-driven to fully autonomous operations, and finally launching fully customized Robotaxi models for global commercial operations [3][4] - The second phase will introduce the Cao Cao Zhixing Ras remote safety service platform and a digital asset management system to enhance operational efficiency [3] Industry Context - The Robotaxi sector is entering a phase of large-scale expansion, with competitors like Zhaofu Intelligent Technology and Pony.ai planning significant deployments in the coming years [4] - Cao Cao Mobility's model combines smart custom vehicles, autonomous driving technology, and intelligent operations, providing a cost advantage in vehicle production and operational efficiency [5] Operational Innovations - The introduction of the Green Intelligent Passage Island aims to improve operational efficiency and profitability, featuring automated functions such as vehicle cleaning and energy replenishment [5] - A strategic partnership with Yujian Technology will see humanoid robots assist in vehicle maintenance and operations, addressing industry challenges related to efficiency [5][6] Future Directions - The company is exploring new operational models, including allowing drivers to purchase vehicles and establish operational partnerships to reduce capital investment burdens [6]

Core Insights - The competition in the Robotaxi sector is intensifying, with major players like Tesla and Waymo launching services in key markets, while domestic companies like Cao Cao Mobility are also ramping up their efforts [1][2][4] Group 1: Industry Developments - Tesla has officially launched its Robotaxi service in Austin, the San Francisco Bay Area, and Arizona, currently available only on iOS [1] - Waymo has opened paid operations on highways in San Francisco, Los Angeles, and Phoenix [1] - Cao Cao Mobility has announced a "Ten Years, One Hundred Cities, One Hundred Billion" strategic goal, aiming to establish Robotaxi services in 100 cities and achieve a total transaction value of 100 billion RMB over the next decade [5][6] Group 2: Strategic Initiatives - Cao Cao Mobility's "three-step" strategy for Robotaxi includes initial technology validation and small-scale testing, transitioning to mixed operations of human and autonomous driving, and eventually launching fully customized Robotaxi models globally [5][7] - The company has introduced the "Green Intelligent Transit Island," which integrates various automated functions and aims to create a foundational infrastructure for future urban mobility [6] Group 3: Market Potential - The Robotaxi market in China is projected to exceed 709.6 billion RMB by 2035, with a potential for long-term growth reaching several trillion RMB [2] - The competition in the Robotaxi space is evolving beyond just algorithms and hardware to include a comprehensive ecosystem involving smart vehicles, driving technology, and operational platforms [7][8] Group 4: Collaborations and Global Expansion - Cao Cao Mobility has signed strategic partnerships with Yujiang Technology and Qianli Zhijia to enhance the application of robotics and accelerate the commercialization of smart driving technology [8] - The company has also announced its first overseas Robotaxi deployment in Abu Dhabi, marking a significant step in its global expansion strategy [9]