Caocao Mobility Partners with Others to Build Intelligent Disinfection Platform
TapTechNews May 22nd news, Caocao Mobility, Fujian Big Data Group and Xiamen Free Breath Intelligent Technology Co., Ltd. signed a strategic cooperation agreement yesterday to jointly create the first public transport intelligent disinfection and purification platform in the country.
TapTechNews note: Fujian Big Data Group was established on August 26, 2021. It is a provincial state-owned wholly-owned big data enterprise, responsible for the construction and operation and maintenance of provincial e-government networks, clouds, platforms and other systems; the primary development entity of the province's public data resources and other businesses.
Xiamen Free Breath Intelligent Technology Co., Ltd. was established on February 17, 2023. The company's business scope includes: Internet of Things application services; professional cleaning, cleaning and disinfection services; sales of special instruments and meters for environmental monitoring, etc.
According to the introduction, after the cooperation is carried out, Caocao Mobility will install intelligent disinfection and purification equipment for 1000 vehicles. When the driver starts the vehicle, the purification system will be automatically turned on.
During the journey, the system will monitor and collect the internal environment data of the vehicle in real time and conduct big data analysis, intelligently judge the disinfection needs, and ensure the cleanliness and safety of the vehicle's internal environment through the 4G Internet of Things disinfection and purification system terminal.
Caocao Mobility was established in 2015, incubated by Geely Holding Group, and its headquarters is located in Suzhou. In 2023, the revenue of Caocao Mobility increased by 39.8% year-on-year to RMB 10.7 billion, and the gross profit margin increased to 5.8%. In the fourth quarter of 2023, Caocao Mobility achieved an adjusted EBITDA rate of 5.0%.
Caocao Mobility has submitted a listing application to the Hong Kong Stock Exchange on April 30, and the joint sponsors are Huatai International, ABC International and GF Securities (Hong Kong).
