Core Viewpoint - Caocao Travel plans to launch an IPO on June 25, 2023, on the Hong Kong Stock Exchange, aiming to raise approximately HKD 18.53 billion with a share price of HKD 41.94, valuing the company at HKD 228.23 billion [1] Group 1: Business Overview - Caocao Travel's business includes ride-hailing services, vehicle leasing, vehicle sales, and others, with ride-hailing services projected to generate RMB 135.67 billion in 2024, accounting for 92.6% of total revenue [2] - The company has deployed over 34,000 customized vehicles across 31 cities in China, with a significant portion of its orders coming from its customized vehicle fleet [4] Group 2: Financial Performance - Revenue for Caocao Travel has shown growth from RMB 7.63 billion in 2022 to an expected RMB 14.66 billion in 2024, with operating losses decreasing from RMB 18.66 billion in 2022 to RMB 8 billion in 2024 [7][8] - The company has a total debt of RMB 112.83 billion as of 2024, with net current liabilities of RMB 81.46 billion [5] Group 3: Market Position and Strategy - Caocao Travel's order volume has increased significantly, with 5.98 billion orders expected in 2024, but a large portion of these orders is still reliant on aggregation platforms [6] - The company aims to enhance its profitability through scale effects from customized vehicles and service solutions, focusing on lifecycle management from vehicle design to operation [9] Group 4: Future Plans and Innovations - The funds raised from the IPO will be used for R&D, service quality improvement, and the expansion of customized vehicles and geographic coverage [10] - Caocao Travel plans to launch a dedicated L4 Robotaxi model by the end of 2026, aiming to create a comprehensive automated operation system [12]

新华财经上海6月17日电（记者王鹤）曹操出行17日发布公告启动招股，计划于6月25日在港交所主板挂 牌上市，股份代号为02643。华泰国际、农银国际及广发证券（香港）为此次发行上市的联席保荐人。 公告显示，曹操出行计划全球发售4417.86万股股份，其中香港发售股份为441.79万股，国际发售股份为 3976.07万股，每股发售价为41.94港元，预计募资18.53亿港元。按照每股发售价计算，曹操出行估值约 228.23亿港元。 曹操出行表示，此次募资将主要用于改进车服解决方案和改善服务质量、提升并推出定制车、提升技术 及投资自动驾驶、扩大地理覆盖范围等。 曹操出行已于本次IPO发行中引入6名基石投资者，包括梅赛德斯-奔驰、未来资产证券（香港）、无极 资本、国轩高科（香港）、亿纬亚洲和速腾聚创，这6位基石投资者将合计认购2264.24万股，约9.52亿 港元。 据悉，曹操出行创立于2015年，是吉利控股集团布局"新能源汽车共享生态"的战略性投资业务。据咨询 公司弗若斯特沙利文报告，按GTV（总交易额）计算，曹操出行自2021年起连续位列国内网约车平台 规模前三，并于2024年跃居行业第二。 招股书显示，截至2 ...

Core Viewpoint - Cao Cao Mobility is launching an IPO in Hong Kong, aiming to raise funds for investments in autonomous driving and to repay part of its bank loans [6] Group 1: IPO Details - The company plans to issue a total of 44.18 million shares globally, with 4.42 million shares available for public sale in Hong Kong, accounting for 10% of the total [1] - The offering price is set at HKD 41.94 per share, with an entry fee of approximately HKD 4,236.3 for a board lot of 100 shares [1] - The IPO period runs from today (17th) until this Friday (20th), with the expected listing date on June 25 [1] - Six cornerstone investors have committed to purchasing shares worth nearly USD 952 million, including notable companies such as Mercedes-Benz and others [1] Group 2: Business Performance - Established in 2015, Cao Cao Mobility is a strategic investment of Geely Holding Group in the "new energy vehicle sharing ecosystem" [3] - The business has expanded to cover 136 cities by the end of 2024, with plans to enter 85 new cities [3] - The total Gross Transaction Value (GTV) for 2023 and 2024 is projected to be CNY 12.2 billion and CNY 17 billion, reflecting growth rates of 37.5% and 38.8% respectively compared to previous years [3] - In Q1 of this year, the total GTV reached CNY 4.8 billion, marking a 54.9% increase year-on-year [3] - The number of active vehicles and drivers has increased significantly, with 59,200 active vehicles and 59,100 active drivers expected by October 2024 [3] Group 3: Financial Performance - Despite a reduction in net losses, the company has not yet achieved profitability, with net losses of CNY 2.007 billion, CNY 1.981 billion, and CNY 1.246 billion from 2022 to 2024 [4] - The cumulative loss over the past three years amounts to CNY 5.2 billion, indicating a loss of approximately CNY 2.08 per order for 2024 [4][5]

CaoCao Inc. 曹操出行有限公司 重要提示 閣下對本文件的任何內容有任何疑問，應尋求獨立專業意見。 （於開曼群島註冊成立的有限公司） 全球發售 | 全球發售的發售股份數目 : 44,178,600股發售股份（視乎超額配 | | --- | | 股權行使與否而定） | | 香港發售股份數目 : 4,417,900股發售股份（可予重新分配） | | 國際發售股份數目 : 39,760,700股發售股份（可予重新分配 | | 及視乎超額配股權行使與否而定） | | 發售價 : 每股發售股份41.94港元，另加1.0%經 | | 紀佣金、0.0027%證監會交易徵費、 | | 0.00565%聯交所交易費及0.00015% | | 會財局交易徵費（須於申請時以港元 | | 繳足，多繳股款可予退還） | | 面值 : 每股股份0.00001美元 | | 股份代號 : 02643 | | 聯席保薦人、整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 | 整體協調人、聯席全球協調人、 聯席賬簿管理人及聯席牽頭經辦人 聯席全球協調人、聯席賬簿管理人 及聯席牽頭經辦人 聯席賬簿管理人及聯席牽頭經辦人 聯席牽頭 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司 （「香港結算」）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。 除本公告另有界定者外，本公告所用詞彙與曹操出行有限公司（「本公司」）刊發日期為2025年6 月17日的招股章程（「招股章程」）所界定者具有相同涵義。 本公告僅作說明用途，並不構成收購、購買或認購證券的邀請或要約。有意投資者於決定是否 投資於發售股份前應閱覽招股章程，以獲得有關本公司及下文所述全球發售的詳細資料。 本公告不會直接或間接於或向美國（包括美國的領土及屬地、美國任何州以及哥倫比亞特區）發 佈、刊發或派發。本公告並不構成亦不屬於在美國境內或於任何其他司法管轄區購買或認購證 券的任何要約或招攬的一部分。發售股份不曾亦不會根據《1933年美國證券法》（經不時修訂） （「美國證券法」）或美國任何州或其他司法權區的證券法登記，且不得在美國境內提呈發售、出 售、質押或轉讓，惟獲豁免或毋須遵守美國證券法登記規定的交易除外。發售股份可(1)根據美 國證券法第1 ...