CAOCAO INC Completes Full Acquisition of Geely Commercial Vehicle Unit

Stock News

03/24

CAOCAO INC (02643) has announced the finalization of Suzhou Youxing's acquisition of the entire equity interest in Geely Commercial Vehicle. The board confirmed that the transaction was completed on March 24, 2026. Following the acquisition, Geely Commercial Vehicle has become an indirect wholly-owned subsidiary of the company, and its financial results will be consolidated into the group's financial statements.

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