曹操出行（02643）盘中涨超5%，截至发稿，股价上涨3.11%，现报35.10港元，成交额9564.32万港元。 曹操出行（02643）盘中涨超5%，截至发稿，股价上涨3.11%，现报35.10港元，成交额9564.32万港元。 据曹操出行官微消息，近日，在2026年曹操出行合作伙伴大会上，公司详细介绍今年全新合作伙伴规则 体系，推出"司机心情指数"，并正式发布全球商旅服务战略，全面进军规模达万亿的企业商旅服务市 场。目前，公司已形成覆盖"出行+商旅"的全场景服务能力。 据曹操出行官微消息，近日，在2026年曹操出行合作伙伴大会上，公司详细介绍今年全新合作伙伴规则 体系，推出"司机心情指数"，并正式发布全球商旅服务战略，全面进军规模达万亿的企业商旅服务市 场。目前，公司已形成覆盖"出行+商旅"的全场景服务能力。 大会上，曹操出行CEO龚昕表示，2025年行业虽然已经到了存量市场阶段，但曹操出行基于清晰的战略 执行，上半年各项业务数据迅猛增长，增速远超行业均值；全年合作伙伴净增长数量实现百分之百增 长；并发布了Robotaxi1.0和2.0的产品，正加速推进Robotaxi的商业化落地；同时通过收购耀出行与拟 ...

曹操出行(02643)早盘涨超5%，截至发稿，涨3.64%，报35.28港元，成交额6486.82万港元。 消息面上，据曹操出行官微消息，近日，在2026年曹操出行合作伙伴大会上，公司详细介绍今年全新合 作伙伴规则体系，推出"司机心情指数"，并正式发布全球商旅服务战略，全面进军规模达万亿的企业商 旅服务市场。目前，公司已形成覆盖"出行+商旅"的全场景服务能力。 大会上，曹操出行CEO龚昕表示，2025年行业虽然已经到了存量市场阶段，但曹操出行基于清晰的战略 执行，上半年各项业务数据迅猛增长，增速远超行业均值；全年合作伙伴净增长数量实现百分之百增 长；并发布了Robotaxi1.0和2.0的产品，正加速推进Robotaxi的商业化落地；同时通过收购耀出行与拟收 购吉利商旅，驶入万亿商旅市场升级为全球化、全场景的科技出行平台。 ...

智通财经APP获悉，曹操出行(02643)早盘涨超5%，截至发稿，涨3.64%，报35.28港元，成交额6486.82 万港元。 大会上，曹操出行CEO龚昕表示，2025年行业虽然已经到了存量市场阶段，但曹操出行基于清晰的战略 执行，上半年各项业务数据迅猛增长，增速远超行业均值；全年合作伙伴净增长数量实现百分之百增 长；并发布了Robotaxi1.0和2.0的产品，正加速推进Robotaxi的商业化落地；同时通过收购耀出行与拟收 购吉利商旅，驶入万亿商旅市场升级为全球化、全场景的科技出行平台。 消息面上，据曹操出行官微消息，近日，在2026年曹操出行合作伙伴大会上，公司详细介绍今年全新合 作伙伴规则体系，推出"司机心情指数"，并正式发布全球商旅服务战略，全面进军规模达万亿的企业商 旅服务市场。目前，公司已形成覆盖"出行+商旅"的全场景服务能力。 ...

责任编辑：刘万里 SF014 新浪科技讯 2月4日下午消息，近日曹操出行年度合作伙伴大会上，曹操出行正式推出"司机心情指 数"，并发布全球商旅服务战略，全面进军规模达万亿的企业商旅服务市场。官方表示，目前，曹操出 行已形成覆盖"出行+商旅"的全场景服务能力，致力于打造全球化、全场景的科技出行平台。 新浪科技讯 2月4日下午消息，近日曹操出行年度合作伙伴大会上，曹操出行正式推出"司机心情指 数"，并发布全球商旅服务战略，全面进军规模达万亿的企业商旅服务市场。官方表示，目前，曹操出 行已形成覆盖"出行+商旅"的全场景服务能力，致力于打造全球化、全场景的科技出行平台。 曹操出行CEO龚昕发表主题演讲表示：2025年行业虽然已经到了存量市场阶段，但曹操出行基于清晰的 战略执行，上半年各项业务数据迅猛增长，增速远超行业均值；全年合作伙伴净增长数量实现百分之百 增长；并发布了Robotaxi1.0和2.0的产品，正加速推进Robotaxi的商业化落地；同时通过收购耀出行与拟 收购吉利商旅，驶入万亿商旅市场升级为全球化、全场景的科技出行平台。 2025年全年，曹操出行合作伙伴生态持续繁荣：核心商家数量同比增长45%，核心商 ...

Company Dynamics - The company held a Robotaxi strategic upgrade conference on December 3, 2025, in Hangzhou, where it announced the Robotaxi 2.0 initiative and set a strategic goal of "Ten Years, One Hundred Cities, One Hundred Billion" [1] - The company outlined a "three-step" strategy for Robotaxi development, focusing initially on technology validation and small-scale testing, transitioning to a mixed operation model of human and unmanned driving, and finally moving towards full commercial operation based on customized Robotaxi models [1] Strategic Goals - The strategic goal includes establishing five operational centers over the next ten years, achieving Robotaxi service coverage in 100 cities, and generating a cumulative Gross Transaction Value (GTV) of 100 billion yuan [1] Operational Enhancements - The company plans to enhance large-scale fleet automation through the launch of the Caocao Zhixing Ras remote safety service platform and the implementation of a digital asset management system [2] - A collaboration with Geely will create a "smart customized vehicle + smart driving + smart operation" integrated development model, leveraging Geely's technological ecosystem for electric smart vehicle development and nationwide service network resources [2] Financial Outlook - The company maintains revenue forecasts of 21 billion yuan and 25.4 billion yuan for 2025 and 2026, respectively, with Non-IFRS net profit estimates of -470 million yuan and 15.93 million yuan for the same years [2] - The target price is set at 70 HKD, indicating a potential upside of 53%, based on a 35 times forward price-to-earnings ratio for 2028 discounted back to 2025 [2]

Group 1 - The core viewpoint of the report is that the company, Cao Cao Mobility, is well-positioned for growth due to its comprehensive support from the Geely ecosystem, mature mobility service experience, and a complete operational system, which are essential for the development of autonomous driving [1] - The company maintains revenue forecasts of 21 billion and 25.4 billion yuan for 2025 and 2026 respectively, and continues to rate the stock as outperforming the industry, with a target price of 70 HKD, indicating a potential upside of 53% [1] Group 2 - The company recently held a Robotaxi strategic upgrade conference in Hangzhou, where it announced the Robotaxi 2.0 initiative and set a strategic goal of "Ten Years, One Hundred Cities, One Hundred Billion" [2] - The development of Robotaxi is structured in three phases: initial focus on technology validation and small-scale testing, transitioning to a mixed operation model with both human and autonomous drivers, and finally, full commercial operation based on customized Robotaxi models [3] - The company plans to enhance the automation level of large-scale fleet operations by launching the Cao Cao Zhixing Ras remote safety service platform and implementing a digital asset management system [4] Group 3 - Cao Cao Mobility collaborates deeply with the Geely ecosystem to create a three-in-one development model of "smart customized vehicles + smart driving + smart operations," leveraging Geely's technological ecosystem for electric vehicle development and nationwide service network [5] - A strategic cooperation agreement has been signed with Qianli Zhijia to deepen collaboration on smart driving technology, accelerating the large-scale application of autonomous driving technology [5]

Core Viewpoint - The company is optimistic about Cao Cao Mobility (02643) due to its full-chain support from Geely's ecosystem, mature mobility service experience, and a comprehensive operational system, which are essential for the development of autonomous driving [1] Group 1: Company Current Status - On December 3, 2025, Cao Cao Mobility held a Robotaxi strategic upgrade conference in Hangzhou, where management announced Robotaxi 2.0 and set a strategic goal of "100 cities in ten years with 100 billion" [2] - The company aims to create a multifunctional integrated transportation hub with the launch of its first "green intelligent passage island," accelerating the commercialization of Robotaxi [2] Group 2: Strategic Development - The company has established a "three-step" strategy for Robotaxi development, focusing initially on technology validation and small-scale testing, transitioning to a mixed operation model of human and unmanned driving, and finally moving towards full commercial operation based on customized Robotaxi models [3] - The strategic goal of "100 cities in ten years with 100 billion" includes building five major operational centers, achieving Robotaxi service coverage in 100 cities, and accumulating a Gross Transaction Value (GTV) of 100 billion [3] - In the Robotaxi 2.0 phase, the company plans to enhance the automation level of large-scale fleet operations, launching the Cao Cao Zhixing Ras remote safety service platform and implementing a digital asset management system [3] Group 3: Collaboration and Ecosystem - Cao Cao Mobility collaborates deeply with Geely's ecosystem, creating a development model that integrates "intelligent customized vehicles + intelligent driving + intelligent operations" [3] - Geely empowers the company with electric intelligent vehicle R&D, computational algorithm data support, and a nationwide service network, positioning Cao Cao Mobility as a core vehicle for exploring future mobility [3] - A strategic cooperation agreement has been signed with Qianli Zhijia to deepen collaboration on intelligent driving technology, leveraging both parties' strengths to accelerate the large-scale application of autonomous driving technology [3]