(SeaPRwire) – HANGZHOU, China, March 30, 2026 — On March 27, CaoCao Mobility (stock ticker: 02643.HK) issued its 2025 annual results report. Over the reporting period, the company posted revenue of RMB 20.2 billion, a year-on-year increase of 37.7%. Gross margin climbed 1.3 percentage points to 9.4%, while net cash from operating activities rose by 60.3% year-on-year—indicating a significant boost in its cash-generating capacity. Notably, the company achieved its first positive adjusted net profit in the fourth quarter of 2025, marking a milestone breakthrough as it sets off on a path of profitable growth.
The transition to Robotaxi services has been fully accelerated. By leveraging its three-in-one development strategy of “smart purpose-built vehicles + intelligent driving technology + intelligent operations”, the company has become one of the few global tech-driven mobility platforms with comprehensive Robotaxi capabilities. As of the announcement date, CaoCao Mobility had deployed more than 100 Robotaxis.
Looking ahead to 2026, the company plans to gradually expand into more Chinese cities to achieve large-scale Robotaxi operations, while also intending to deploy Robotaxis in international markets and explore Robotaxi business opportunities in Hong Kong. It will apply its proven platform operations, intelligent dispatching, and asset management capabilities—honed in the Chinese market—to the global arena, and rapidly replicate its model in suitable markets with the support of Geely Holding Group’s global network.
Going forward, CaoCao Mobility will continue to collaborate closely with Geely Holding Group to speed up the development of fully custom-built Robotaxi vehicles, which are scheduled to debut this year. The company aims to deploy a total of 100,000 such vehicles by 2030 and launch commercial operations globally.
Company: CaoCao Inc.
Contact Person: Jing Liu
Email: Jing.Liu3@caocaoglobal.com
Country & City: Hangzhou, China
Website: http://caocao.com.cn
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