BUTONG GROUP (06090) and CAOCAO INC (02643) sign agreement: Expand cooperation in child travel safety and smart transportation.

On June 18th, BUTONG GROUP (06090) and CAOCAO INC (02643) officially signed a strategic cooperation framework agreement. According to the agreement, the two parties will deepen cooperation in areas such as corporate travel services, interconnection of membership systems, solutions for children's safety seats, and technology and product collaboration in smart travel scenarios. In this cooperation, BUTONG GROUP, with a mission of "AI empowering innovation," will focus on children's travel safety to further expand the boundaries of AI applications in family life scenarios. Based on their common focus on children's travel safety, the two parties will leverage their respective resources and capabilities to promote the adaptation and application of BeBeBus child safety seats in shared travel scenarios, extending children's travel safety from the home-owned car scenario to shared travel service scenarios. At the same time, looking towards the future trends in smart travel development, the two parties also plan to establish a joint R&D team to develop integrated installation solutions for adult seats and child safety seats in the Robotaxi smart cabin scenario. This will enhance vehicle space utilization efficiency and operational efficiency while ensuring children's safety during rides, exploring more reliable solutions for child safety in future autonomous driving travel services. CAOCAO INC's continuous deep cultivation in the breadth of travel networks complements BUTONG GROUP's long-term accumulation in children's travel safety: BUTONG GROUP has long focused on family life scenarios, creating unique user value products for global elite families in multiple life scenarios through forward-looking insights into the "Family CFO" and innovative AI technology applications. CAOCAO INC, with a foundation of comprehensive RoboX full-element ecological closed-loop capabilities based on "smart customized vehicles + intelligent driving technology + intelligent operations," continuously promotes the development of shared travel and intelligent travel systems. As shared travel becomes an important part of urban life, the guarantee of children's travel safety is also moving towards more standardized and systematic development. In the future, BUTONG GROUP will continue to focus on the strategic application of AI in family life, promote product innovation and scene expansion, work with CAOCAO INC to advance relevant cooperation, and continuously explore more possibilities for upgrading children's safety and family travel experience in smart travel and Robotaxi scenarios.