CAOCAO INC (02643) saw its shares rise more than 9% during trading, with gains moderating to 6.48% by the time of writing, reaching HK$36.48. Trading volume stood at HK$138 million. The uptick follows the company's recent announcement of a comprehensive strategy to enter the corporate travel services market, estimated to be worth trillions of yuan. On February 3, at its 2026 Partners Conference, CAOCAO INC unveiled its global corporate travel service plan, marking a full-scale push into this expansive sector. Leveraging integrated resources from its subsidiaries Yao Chuxing and Geely Business Travel, the company has established end-to-end service capabilities covering both daily mobility and corporate travel, aiming to build a global, all-scenario technology-driven mobility platform. Additionally, earlier this month, CAOCAO INC completed a share placement that raised net proceeds of HK$383 million. Soochow Securities noted that the capital will be used to strengthen the company's strategic positioning in Robotaxi and corporate services. The company has set a clear target of deploying 100,000 fully customized Robotaxi vehicles by 2030, which has been included as a key performance indicator in its new equity incentive plan, alongside a market capitalization assessment target of HK$100 billion, underscoring its role as a core driver of future value growth.