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Caocao Chuxing has entered into multiple related party transactions, involving a service framework agreement, a new automobile purchase framework agreement, and an automobile sales contract.
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Author：小编
On April 30, 2026, Caocao Chuxing announced that it had entered into a service framework agreement and a new automobile purchase framework agreement with related contacts of its controlling shareholder, Li Shufu. At the same time, its indirectly non-wholly-owned subsidiary, Suzhou Caozhi, signed an automobile sales contract with Xingfu Qianwanjia to sell 107 Geely-branded automobiles at a total consideration of RMB 8.774 million. The service framework agreement and the new automobile purchase framework agreement constitute ongoing connected transactions and are subject to the provisions of Chapter 14A of the Listing Rules.
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