Group 1 - The municipal Human Resources and Social Security Bureau has announced the expansion of occupational injury protection pilot programs for new employment forms in the city [1] - Starting from July 1, the original food delivery and instant delivery industries will be merged into a new instant delivery industry, with additional platform companies included in the pilot program [1] - By 2026 and beyond, other platform companies meeting the criteria will be incorporated into the pilot program based on national arrangements [1] Group 2 - The occupational injury protection fee standards are determined based on the principle of balancing income and expenditure, with specific fees set for different industries [2] - The travel industry will have a fee of 0.01 yuan per order, while the instant delivery industry will have fees of 0.07 yuan and 0.25 yuan per order, and the same-city freight industry will have a fee of 0.18 yuan per order [2] Group 3 - The municipal Human Resources and Social Security Bureau can adjust the fee standards for related industries as needed, with annual adjustments starting from January 1 of each year [3] - The Social Security Center is responsible for determining the fee standards for platform companies based on national regulations and various factors such as the usage of occupational injury protection fees and injury occurrence rates [3] Group 4 - Platform companies are required to implement a "one-click reporting" feature in their applications for new employment form personnel and provide standardized training for reporting accidents [4] - Occupational injury protection benefits include medical treatment, disability benefits, and death benefits, with specific procedures for treatment and reporting of occupational injuries [4] Group 5 - Delivery companies are enhancing traffic safety measures for riders, including the establishment of a traffic behavior evaluation mechanism and safety incentive programs [5] - Meituan has implemented cash rewards for top-performing riders in terms of safety scores and has introduced measures to address traffic violations [5]

Core Viewpoint - Multiple ride-hailing platforms have announced reductions in commission rates, aiming to improve driver earnings and respond to regulatory pressures and social demands [1][3][9]. Group 1: Commission Reductions - Didi Chuxing will lower its maximum commission rate from 29% to 27% by the end of the year, with excess amounts being refunded to drivers [1]. - T3 Chuxing has set its maximum commission rate at 27%, with plans to reduce the proportion of orders with a commission rate between 26% and 27% from 21% to 17% by year-end [3]. - Cao Cao Chuxing has reduced its maximum commission rate from 22.7% to 22.5%, emphasizing the sharing of development benefits with drivers [6][7]. Group 2: Driver Support Initiatives - Didi Chuxing will enhance subsidies and optimize order distribution to address high commission scenarios, aiming to further reduce the proportion of high-commission orders by year-end [3]. - Cao Cao Chuxing highlights its commitment to driver satisfaction and income security, stating that the reduction in commission is a step towards improving driver experience and rights [7]. Group 3: Regulatory Context - The Ministry of Transport's 2022 regulations stipulate that the maximum commission rates for major platforms should not exceed 30% [9]. - Experts suggest that while reducing commissions may improve driver earnings, platforms must find new growth avenues to maintain profitability [9].

Core Points - Multiple ride-hailing platforms, including Didi, T3, and Cao Cao, have announced reductions in their commission rates to benefit drivers [1][2] - Didi plans to lower the maximum commission rate from 29% to 27% by the end of this year, with an average commission rate of 14% for all orders in 2024 [1] - Didi will implement a "rebate treasure" feature for drivers completing at least 50 orders per month, ensuring their average commission does not exceed 25% [1] - T3 will reduce the proportion of orders with commission rates between 26% and 27% from 21% to 17% by year-end [2] - Cao Cao will lower its commission cap from 22.7% to 22.5% [2] - Gaode Dache will support driver rights by ensuring that no less than 80 partner platforms maintain a commission cap of 27% [2] Summary by Category Didi - Didi will reduce the maximum commission from 29% to 27% by year-end, with a target average of 14% for 2024 [1] - The company will introduce a rebate system for drivers completing 50 orders monthly, capping their average commission at 25% [1] - Didi aims to lower the proportion of high-commission orders through increased subsidies and optimized dispatch [1] T3 - T3 will cap its commission rate at 27%, with a reduction in the percentage of orders charged between 26% and 27% from 21% to 17% by year-end [2] - Similar to Didi, T3 will also ensure that drivers completing 50 orders monthly have a commission cap of 25% [2] Cao Cao - Cao Cao will adjust its commission cap from 22.7% to 22.5% [2] Gaode Dache - Gaode Dache will collaborate with ride-hailing partners to ensure that at least 80 platforms maintain a commission cap of 27% [2] - The platform will also reduce its information service fee cap to 9% and implement measures to lower overall costs for drivers [2]

Core Viewpoint - Cao Cao Mobility (02643) has seen its stock price rise over 9%, reaching a new high of 77.95 HKD, driven by recent announcements from multiple ride-hailing companies to lower commission rates, enhancing market stability and benefiting leading platforms like Cao Cao Mobility [1] Company Summary - Cao Cao Mobility has reduced its commission rate to 22.5%, while competitors like Didi and T3 have lowered theirs to 27%, indicating a trend towards lower fees in the industry [1] - The company is supported by the Geely Group's ecosystem, leveraging technology and manufacturing advantages to create a unique "customized vehicle + intelligent driving + mobility platform" Robotaxi self-research closed-loop ecosystem [1] - The company is expected to be included in the Hong Kong Stock Connect program in September, according to Huatai Securities [1] - The company plans to hold a board meeting on August 26 to approve its interim results [1] - Shenwan Hongyuan highlights Cao Cao Mobility's differentiated advantages in customized operations, cost control, and technological ecosystem, indicating a clear path to profitability with high growth potential in its Robotaxi business [1] Industry Summary - The reduction in commission rates by major platforms is expected to stabilize driver supply and contribute to a healthier long-term development of the ride-hailing market [1] - The overall market structure is anticipated to stabilize as leading platforms benefit from the industry's healthy development [1]

Core Insights - Multiple ride-hailing companies have announced reductions in commission rates, with Didi Chuxing and T3 Mobility lowering their maximum commission to 27%, while Cao Cao Mobility has reduced it to 22.5% [1][9]. Didi Chuxing - Didi Chuxing will lower the maximum commission cap from 29% to 27% by the end of this year, with any amount exceeding 27% being refunded to drivers [2]. - Currently, orders exceeding 27% commission are minimal, and the adjustment aims to benefit all drivers on the platform [2]. - Didi plans to achieve an average commission rate of 14% across all orders by 2024, with drivers able to view their commission details transparently [4]. T3 Mobility - T3 Mobility has set its maximum commission rate at 27%, with the proportion of orders charged between 26% and 27% expected to decrease from 21% to 17% by year-end [5]. - For drivers completing at least 50 orders per month, the commission cap will be set at 25%, with any excess refunded [9]. Cao Cao Mobility - Cao Cao Mobility has reduced its maximum commission rate from 22.7% to 22.5% for orders placed through its app and mini-programs [9]. Gaode Dache - Gaode Dache is collaborating with ride-hailing partners to support driver rights, aiming to ensure that the commission cap does not exceed 27% across at least 80 partner platforms [11][12]. - The information service fee charged by Gaode Dache will be capped at 9%, and initiatives will be implemented to reduce overall costs for drivers by 2% through various incentives [12].

Core Viewpoint - Multiple ride-hailing companies have announced reductions in commission rates to benefit drivers and enhance platform competitiveness [1]. Group 1: Didi Chuxing - Didi Chuxing will lower the maximum commission rate from 29% to 27% by the end of this year, with the excess being refunded to drivers [2]. - The company aims for an average commission rate of 14% across all orders by 2024, providing transparency in earnings through the driver app [2]. Group 2: T3 Mobility - T3 Mobility plans to reduce the proportion of orders with commission rates between 26% and 27% from 21% to 17% by year-end [3]. - For drivers completing at least 50 orders per month, the commission cap will be set at 25%, with excess amounts refunded [3]. Group 3: Cao Cao Mobility - Cao Cao Mobility will decrease the commission cap for app and mini-program orders from 22.7% to 22.5%, emphasizing sharing development benefits with drivers [4]. Group 4: Gaode Dache - Gaode Dache is collaborating with at least 80 ride-hailing platforms to ensure that commission rates do not exceed 27%, thereby protecting driver rights [5][7]. - The information service fee charged by Gaode Dache will be capped at 9%, with initiatives to reduce overall costs for drivers by 2% [7].

Core Viewpoint - The stock price of Cao Cao Mobility (02643) has increased by over 9%, reaching a new high of 77.95 HKD, driven by recent announcements from multiple ride-hailing companies to lower commission rates, enhancing market stability and benefiting leading platforms in the industry [1] Company Summary - Cao Cao Mobility has reduced its commission rate to 22.5%, which is lower than competitors like Didi and T3, who have set their maximum rates at 27% [1] - The company is supported by Geely Group's ecosystem, leveraging technology and manufacturing advantages to create the first domestic "customized vehicle + smart driving + mobility platform" Robotaxi self-developed closed-loop ecosystem [1] - The company is expected to be included in the Hong Kong Stock Connect program in September, according to Huatai Securities [1] - The company plans to hold a board meeting on August 26 to approve its interim results [1] Industry Summary - The reduction in commission rates by major platforms is anticipated to stabilize driver supply and contribute to a healthier long-term development of the ride-hailing market [1] - Shenwan Hongyuan highlights that Cao Cao Mobility possesses differentiated advantages in customized operations, cost control, and technological ecosystem, with a clear path to profitability [1] - The Robotaxi business is noted for its high growth potential and option attributes, indicating significant profit elasticity [1]

长期困扰网约车司机的高抽成问题有望得到改善。 近期，滴滴出行、T3出行、曹操出行等平台接连发布公告，通过降低抽成比例，进一步保障司机权益。 集体官宣降低抽成比例 滴滴出行表示，今年年底前，平台将把每笔订单最高抽成上限从29%降至27%，超出27%的部分将随单返还。同时，针对每月在平台完成订单达到50单的 司机，平台将通过"返佣宝"保障其当月月均抽成上限不超过25%，超过部分将在次月自动返还至司机账户。 滴滴发布的新版账单示例 滴滴表示，2024年，平台所有订单平均抽成为14%。在公开透明的账单页面，司机可以看到每笔订单的抽成。司机师傅也可以通过滴滴车主App流水页面 查看司机收入报告，可以看到过去7天平均抽成和上月平均抽成。 T3出行表示，平台订单的抽成比例最高不超过27%，今年年底前将抽成比例26%~27%的订单数量占比从21%降至17%。对于每月订单完成量不少于50单 的平台司机，保障其当月流水总额的抽成上限不超过25%，超出部分自动返还司机。 关于半台减少抽成的公告 为切实加强保障广大司机权益,T3出行现就平 台抽成减少工作公告如下： 1.T3出行平台订单的抽成比例最高不超过27%。 今年年底前将抽成比 ...

Core Viewpoint - The high commission rates that have long troubled ride-hailing drivers are expected to improve as platforms like Didi Chuxing, T3 Mobility, and Cao Cao Mobility announce reductions in commission rates to better protect driver rights [1][3]. Group 1: Commission Rate Reductions - Didi Chuxing will lower the maximum commission rate from 29% to 27% by the end of this year, with any amount exceeding 27% refunded to drivers. For drivers completing at least 50 orders per month, the average commission will be capped at 25% [3]. - T3 Mobility will also set its maximum commission rate at 27%, reducing the proportion of orders with a commission rate between 26% and 27% from 21% to 17% by year-end, with similar refund policies for drivers [3]. - Cao Cao Mobility has reduced its commission rate cap from 22.7% to 22.5% as of August 15 [3]. Group 2: Information Service Fee Adjustments - Gaode Dache announced a reduction in the information service fee for over 80 partner ride-hailing platforms, ensuring that drivers receive at least 73% of the passenger fare, with the service fee cap set at 9% [4]. - The overall cost for drivers is expected to decrease by 2% through various initiatives, including fee waivers and special rewards [4]. Group 3: Driver Perspectives - Drivers view the reduction in commission rates as a positive development, as it increases their actual income per order and reduces operational time and workload [4]. - A driver with over five years of experience highlighted that multiple factors contribute to declining driver income, including reduced order volume and increasing platform commission rates [4]. Group 4: Regulatory Environment - Regulatory bodies have strengthened oversight of the ride-hailing industry, with new guidelines clarifying the responsibilities of platforms in protecting driver rights [5][6]. - For instance, the Dongguan Transportation Bureau's guidelines require platforms to disclose pricing methods and establish a stable pricing mechanism to protect driver interests [6]. Group 5: Market Dynamics - The ride-hailing industry is characterized by significant supply and demand fluctuations, necessitating flexible pricing and subsidies to balance driver and passenger needs [7]. - The recent commission reductions are seen as beneficial for drivers while maintaining market flexibility, contributing to a healthier industry ecosystem [6][7].

滴滴方面介绍，今年年底前，将把每笔订单最高抽成上限从29%降至27%，"滴滴在扩大平台就业容量 的同时，努力稳定司机收入，持续降低抽成"。 滴滴发布的新版账单示例 T3出行也发布减少抽成的公告，称平台抽成比例最高不超过27%，今年年底前，抽成比例26%-27%的订 单数量占比将从21%降至17%。 近日，滴滴出行、曹操出行、T3出行等多家网约车平台发布了降低抽成通知。其中，滴滴出行、T3出 行都将最高抽成降低至27%，曹操出行则降低至22.5%。 曹操出行则表示，将APP、小程序订单的抽成比例上限将由原来的22.7%下调至22.5%，"这是我们主动 将发展红利更多分享给司机伙伴的实际行动"。 曹操出行公告 此外，聚合平台高德打车也发布通知称，联合网约车平台合作伙伴推动不少于80家合作网约车平台的抽 成比例上限不超过27%。高德打车还表示，将信息服务费上限全部降至9%，并通过减免佣活动、专项 奖励等方式推动合作平台综合成本降低2%。 高德打车公告 交通运输部2022年"交通运输新业态平台企业抽成'阳光行动'"中规定，各主要平台公司公布的最高抽成 比例不超过30%。此后，30%成为网约车佣金抽成的一道红线。 来源 ...