Caocao Inc. Signs Three-Year Marketing Service Framework Agreement with YiYi Power
Caocao Inc. has signed a three-year Marketing Service Framework Agreement with YiYi Power, a subsidiary of Geely Group, effective from January 1, 2026, to December 31, 2028. The agreement is a continuing connected transaction under Listing Rules, requiring announcement but exempt from independent shareholders’ approval. Certain directors from Geely abstained from voting on the resolution.
Caocao Inc. announced that on November 20, 2025, it entered into a Marketing Service Framework Agreement with YiYi Power Company Limited, a wholly-owned subsidiary of Geely Group. The agreement is set for a term of three years, from January 1, 2026 to December 31, 2028, under which the Caocao Group will provide certain marketing services. The transaction is classified as a continuing connected transaction under the Listing Rules and is subject to announcement requirements, but is exempt from the independent shareholders’ approval requirement. Certain directors with senior management positions in Geely Holding and its subsidiaries abstained from voting on the resolution related to the agreement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caocao Inc. published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
