CaoCao Inc. disclosed an issuance of 12,000,000 new ordinary shares on 4 February 2026, under a placing agreement dated 28 January 2026, at HKD 32.46 per share. This allotment represents approximately 2.11% of the previously issued 569,440,213 shares. Following the issuance, the total number of issued shares increased to 581,440,213.