Good News on Listing | Frost & Sullivan Assists Didi Chuxing in Successful Hong Kong Listing (2559.HK)

tick travel（：2559.HK） in2024 in6 in28 on success landing hong capital market motherboard。 company is China sharing travel areas the， through technology and model innovation the way provide downwind car and services。Frost & Sullivan（ following referred“Frost & Sullivan”） for tick travel listed provide exclusive industry Adviser services， hereby its success listed。

investment highlights

China ground passenger market overview

as world on by domestic calculation the， China to ground passenger needs strong and in constantly growth， main by rich extent improve、 increase、 rapid development、 consumption upgrade and freedom travel expenditure increase the drive。2023 in， including downwind car、、 and , the car passenger market by transactions total6,160， for ground passenger market total share the59.5%。 expected to2028 in， will to12,389。

2023 in， China has become global the growth in private market， China private from2018 in the1.89 increase to2023 in the2.75， in composite for7.7%。

China car passenger market overview

China car passenger market including、、 downwind car。2023 in， these services the orders total respectively about for118 billion、15 billion、1094。 of， and in China car passenger market in the share downwind car。 by transactions total of，2023 in、 downwind car the respectively for54.2%、41.4% and4.4%。

expected future China car passenger market will in， from2024 in the7,227 to2028 in the12,389。 outbreak to China car passenger market in2020 in to2022 years the transactions total emerging volatility。 expected to2024 in， China car passenger market will recovery and than outbreak ago level。

information sources：Frost & Sullivan report

China downwind car market overview

downwind to or more common in with travel， reduce road on the single car situation。 downwind car can reduce rate， reduce emissions， mitigation， to environment and social bring positive the impact。2014 in9 in， tick travel become China first provide downwind car services the company， sign the China downwind car industry the rise。

with downwind car users groups the， China downwind car market the transactions total expected in2028 in to1,039。 this main：(1) China environment sustainable improve。 past domestic and capita sustainable unencumbered income the， constantly improve；(2) past car， Special is number；(3) Government enacted enabling policy， encourage and support downwind car industry development， to existing vehicles resources， reduce carbon emissions。

expected future downwind car market will by volatility to。2023 in China downwind car market mass for271，2018 to2023 in the in composite for3.1%， expected2024 in to2028 in will， composite for29.4%。

information sources：Frost & Sullivan report

China downwind car market the key market drive factors

• reduce travel cost

• meet personalized travel needs

• market constantly improve

• enabling the Government policy

China market overview

market in China car passenger market in occupied the。 in China， in certain situation under still have advantage， example in peak time， the efficiency about car model。2023 in by transactions total of， traditional the the for88.9%。 future expected and model will continue parallel development， to meet public diversification the travel needs。 expected to2028 in， in not account the development or in rapid development the era in other emerging the cab way the situation under， the will to20.8%。