The World Intelligent Connected Vehicles Conference 2025 has opened. CAOCAO INC (02643) announced that Robotaxi has achieved low-orbit satellite communication.

On October 16, 2025, the World Smart Connected Car Conference opened in Beijing, and CAOCAO INC (02643) announced the latest progress of Robotaxi, officially declaring that its Robotaxi fleet has adopted space-based satellite IoT communication technology and terminal products, becoming the world's first travel platform to scale up the application of low-orbit satellite communication technology in Robotaxi operations. On the same day, Li Shufu, Chairman of Geely Holding Group, who was invited to attend the 2025 World Smart Connected Car Conference, stated in his speech at the conference that CAOCAO INC, as the group's most important commercial carrier for Robotaxi, is exploring the provision of stable and reliable real-time satellite IoT communication services through the Geely Constellation in the operation of the Robotaxi fleet to continually enhance emergency response capabilities in extreme situations and improve operational safety boundaries. The press conference highlighted the key breakthroughs in communication technology of CAOCAO INC's Robotaxi fleet. CTO Qiang Qi of CAOCAO INC and CTO Ding Sheng of Space-Time Link jointly attended the event and shared in-depth insights on technology implementation details, strategic significance, and future cooperation directions. By integrating Space-Time Link's satellite IoT communication technology and terminal products, vehicles can maintain a stable connection with the operations center and report vehicle location and trip status even in areas with unstable or interrupted 4G/5G signals. This technology significantly enhances the safety redundancy and operational reliability of autonomous driving in complex urban roads, intercity highways, and remote sections. CTO Qiang Qi of CAOCAO INC further elaborated on the value of satellite communication in Robotaxi operations. He stated, "Safety is the premise for the commercialization of autonomous driving and the cornerstone of user trust. The introduction of satellite communication is not only to increase communication channels but also to build an integrated safety system of 'sky (satellite technology) and earth (vehicle intelligence),' allowing users to experience industry-leading safety when riding CAOCAO Robotaxi at any time, at any location. Introducing satellite communication technology is a key step for us to achieve this goal." This collaboration once again demonstrates the eco-synergy within the Geely Holding Group. CTO Ding Sheng of Space-Time Link pointed out, "The future of smart travel relies on the support of an integrated information network of sky and earth. The 'Geely Constellation' constructed by Space-Time Link aims to provide critical information infrastructure for intelligent transportation. Currently, 'Geely Constellation' has achieved real-time coverage of 1 to 2 layers of satellite communication within 60 degrees north and south latitude range. We have cooperated with CAOCAO INC throughout the entire chain around satellite services and landing scenarios to effectively enhance the safety guarantee of Robotaxi." As the most important commercial carrier for Geely Holding Group's Robotaxi, CAOCAO INC is accelerating the deployment of second-generation Robotaxi vehicles and collaborating with Geely and business partners to develop customized vehicles pre-installed with proprietary autonomous driving components and related applications. The display of relevant achievements at the World Smart Connected Car Conference not only demonstrates CAOCAO INC's ecological advantages in the field of autonomous driving but also showcases the innovative vitality of Chinese companies in exploring cutting-edge technologies in smart connected cars.