Cao Cao's travel: In 205, the income was 20.2 billion yuan, an increase of 37.7% year-on-year.

Cao Cao issued a travel notice, announcing that the company's revenue increased by 37.7% from RMB 14.7 billion in 2024 to RMB 20.2 billion in 2025. The gross profit margin increased from 8.1% in 2024 to 9.4% in 2025. The net loss significantly decreased by 50.8% from RMB 1.246 billion in 2024 to RMB 614 million in 2025, and the adjusted net loss decreased by 29.8% from RMB 724 million in 2024 to RMB 509 million in 2025.