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Changes in Hong Kong stocks | Different groups (06090) rose more than 16% and teamed up with Cao Cao Travel to explore child-friendly travel service upgrades, and short-term order flexibility can be expected
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The Zhitong Finance App learned that different groups (06090) rose more than 16%. As of press release, it had risen 13.72% to HK$34.18, with a turnover of HK$994.08 million.

According to the news, the different groups formally signed a strategic cooperation framework agreement with Cao Cao Chuxing (02643) earlier. With this collaboration, different groups focus on the mission of “Empowering AI to Make a Difference”, using children's travel safety as an entry point to further expand the boundaries of AI applications in family life. At the same time, facing the future development trend of smart mobility, the two sides also plan to set up a joint R&D team to jointly develop an integrated front installation solution for adult seats and child safety seats around the Robotaxi smart cockpit scenario.

Specifically, the company will upgrade its core products (i.e. strollers, car seats, cribs and baby chairs) with AI and gradually extend it to more intelligent products related to family life scenarios, such as AI feeding scenario products, AI smart toys, etc. Meanwhile, the new plant in Fenghua, Ningbo will be put into operation in the second half of 2026. The factory will comprehensively build a digital and intelligent production system to provide production capacity guarantees for large-scale deployment of AI products. In the short term, Cao Cao's travel network of nearly one million has provided real, high-frequency, and open urban travel scenarios for different groups. Calculated at a price of about 2,000 yuan for the “Pioneer” child safety seat on its e-commerce platform, the potential partnership volume is hundreds of millions of yuan, and considerable order reserves will contribute to continuous and stable cash flow.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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