In April 2026, Nanjing Lingxing Technology Co., Ltd., operating under the brand name T3 Travel, formally submitted its application for listing on the Hong Kong Stock Exchange, with CICC and CSC International serving as its joint sponsors. T3 Travel is a collaborative venture founded by prominent entities including China FAW Group, Dongfeng Motor Group, Changan Automobile, Tencent, and Alibaba. It holds the position of the third-largest smart travel platform in China. Its online ride-hailing service now spans 194 cities across the country, amassing a total of 235 million registered users. In 2025, T3 Travel reported a positive net profit, with its Gross Transaction Value (GTV) surging by 10.5% year-on-year to reach RMB 18.9 billion, accompanied by a gross profit margin of 13%. It secured the second spot among major smart travel platforms in China and distinguished itself as the industry's swiftest entity to attain profitability.