Cao Cao Travel established ZhiXing Automotive Sales Company in Shanghai, including AI software development business.

Tianyancha App shows that recently, Shanghai Caocao Zhixing Automobile Sales Co., Ltd. was established, with Hu Xiangjun as the legal representative. The registered capital is 25 million RMB, and the business scope includes automobile sales, artificial intelligence application software development, network booking of taxi services, etc. The company is wholly owned by Hangzhou Youxing Technology Co., Ltd., a related company of Caocao Travel.