Cao Cao Chuxing announced two important strategic acquisitions: the acquisition of 100% of the shares of Ulxing Technology Co., Ltd.; the proposed acquisition of 100% of the shares of Zhejiang Geely Business Service Co., Ltd. Once the two acquisitions are completed separately, Yao Chuxing and Geely Business Travel will become wholly-owned subsidiaries of Cao Chuxing. Cao Cao Chuxing launched corporate customer service in 2016. As of December 31, 2024, it has served more than 13,500 companies. Yao Chuxing has mature corporate conference activities, daily corporate car use and high-end online car-hailing services. Geely Business Travel can provide full-process travel solutions and full-service meetings and events. After completing the integration, Yao Chuxing and Geely Business Travel will continue to provide quality services to existing customers using the potential of Cao Cao Travel's platforms. Cao Cao Travel will unleash synergy effects on the enterprise service side to form a one-stop technology travel platform covering individuals and enterprises and “travel+business travel” to provide one-stop travel and business travel services for enterprise customers.

Cao Cao Chuxing announced two important strategic acquisitions: the acquisition of 100% of the shares of Ulxing Technology Co., Ltd.; the proposed acquisition of 100% of the shares of Zhejiang Geely Business Service Co., Ltd. Once the two acquisitions are completed separately, Yao Chuxing and Geely Business Travel will become wholly-owned subsidiaries of Cao Chuxing. Cao Cao Chuxing launched corporate customer service in 2016. As of December 31, 2024, it has served more than 13,500 companies. Yao Chuxing has mature corporate conference activities, daily corporate car use and high-end online car-hailing services. Geely Business Travel can provide full-process travel solutions and full-service meetings and events. After completing the integration, Yao Chuxing and Geely Business Travel will continue to provide quality services to existing customers using the potential of Cao Cao Travel's platforms. Cao Cao Travel will unleash synergy effects on the enterprise service side to form a one-stop technology travel platform covering individuals and enterprises and “travel+business travel” to provide one-stop travel and business travel services for enterprise customers.