On March 15, Soochow Securities unveiled a research report, initiating coverage with a 'Buy' recommendation. The report highlights that Ruqi Mobility leverages significant competitive advantages in ride-hailing expansion and Robotaxi commercialization, driven by synergistic efforts among its shareholders and a hybrid operational model. Data analysis reveals that the company’s financial performance is on an upward trajectory, marked by 'robust growth, diminishing losses, and structural optimization,' with profitability anticipated by 2027. By the close of 2025, Ruqi Mobility is poised to extend its services to over 110 cities across China, deploying a fleet exceeding 300 Robotaxis across key locations within the Greater Bay Area.
