Guosheng Securities: First giving a "buy" rating to CaoCao Mobility (02643.HK), a top technology travel platform within the group.

According to the app of China Fortune Financial News, Guosheng Securities released a research report stating that for the first time, they are covering Cao Cao Travel (02643.HK) and giving it a "buy" rating. The company is a leading technology travel platform in China, deeply integrating with Geely Holding Group's ecosystem, leveraging customized car synergy and platform traffic advantages to achieve high-quality expansion. With technology empowerment improving quality and efficiency, Cao Cao Travel ranks second in the industry in terms of gross transaction value (GTV) for ride-hailing services. The strategic layout of the autonomous driving business makes it a globally scarce technology travel platform that satisfies the "three elements of intelligent customized vehicles, intelligent driving technology, and intelligent operation." The company's long-term development space is promising.