Cheche Group
CCG

$0.89

3.08%

Market Cap: 67.3M

About: Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

Employees: 635

0

Funds holding %

of 6,702 funds

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Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 0

200% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 1

33% more funds holding

Funds holding: 6 [Q4 2023] → 8 (+2) [Q1 2024]

0.01% more ownership

Funds ownership: 0.11% [Q4 2023] → 0.11% (+0.01%) [Q1 2024]

41% less capital invested

Capital invested by funds: $399K [Q4 2023] → $237K (-$163K) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for CCG.

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Financial journalist opinion

Argus Research Initiates Equity Report Coverage on Cheche Group Inc. (NasdaqCM: CCG).

NEW YORK , July 11, 2024 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Report Coverage on Cheche Group Inc. (NasdaqCM: CCG). Click Here to view full Argus Equity Report.

Argus Research Initiates Equity Report Coverage on Cheche Group Inc. (NasdaqCM: CCG).

Cheche Group Announces Strategic Partnership with BAIC Group's Insurance Provider

BEIJING , June 27, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that it has entered into a strategic partnership with Beijing Anpeng Insurance Broker Co., Ltd. ("Beijing Anpeng"), as Cheche continues to deepen its collaborations with new energy vehicle ("NEV") manufacturers in China.

Cheche Group Announces Strategic Partnership with BAIC Group's Insurance Provider

NIO Stock: Nio Nabs New Insurance Partnership With Cheche Group

Chinese electric vehicle (EV) producer Nio (NYSE: NIO ) is giving an unexpected boost to a penny stock today. Indeed, the automaker recently announced a partnership with auto insurance platform company Cheche Group (NASDAQ: CCG ).

NIO Stock: Nio Nabs New Insurance Partnership With Cheche Group

Cheche Group Announces Partnership with NIO Insurance Broker

BEIJING , June 20, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it has entered into a partnership with NIO Insurance Broker Co., Ltd. ("NIO Insurance Broker"), a subsidiary of NIO INC.

Cheche Group Announces Partnership with NIO Insurance Broker

Cheche Group Reports First Quarter 2024 Unaudited Financial Results

BEIJING , May 30, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche", the "Company" or "we"), China's leading auto insurance technology platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. Financial and Operational Highlights Net revenue s for the quarter increased 1.0% year-over-year to RMB787.1 million (US$109.0 million).

Cheche Group Reports First Quarter 2024 Unaudited Financial Results

Cheche Group Schedules First Quarter 2024 Earnings Release and Conference Call Date

BEIJING , May 24, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it will host a conference call to discuss first quarter 2024 results on Thursday, May 30, 2024, at 8:00 a.m. EST. The first quarter 2024 earnings release and related investor deck will be available on the investor relations website at ir.chechegroup.com prior to the event.

Cheche Group Schedules First Quarter 2024 Earnings Release and Conference Call Date

Cheche Group Announces Partnership with Volkswagen (Anhui) Digital Sales and Services to Better Support Volkswagen Anhui's NEV Insurance Business

BEIJING , May 13, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it has entered into a partnership with Volkswagen (Anhui) Digital Sales and Services Co., Ltd. ("DSSO"), as Cheche continues to broaden its ecosystem with leaders in the new energy vehicle ("NEV") industry.

Cheche Group Announces Partnership with Volkswagen (Anhui) Digital Sales and Services to Better Support Volkswagen Anhui's NEV Insurance Business

Cheche Group Announces Partnership with the Insurance Brokerage Firm in Xiaomi Group

BEIJING , March 28, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it has entered into a partnership with Beijing Houji Insurance Brokerage Co., Ltd. ("Beijing Houji"), an affiliate of Xiaomi Corporation ("Xiaomi Group"), as Cheche continues to broaden its partner network with leaders in the new energy vehicle ("NEV") industry.

Cheche Group Announces Partnership with the Insurance Brokerage Firm in Xiaomi Group

Cheche Group Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

BEIJING, March 28, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche", "the Company" or "we"), China's leading auto insurance technology platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Financial and Operational Highlights Net revenue s for the quarter increased 12.1% year-over-year to RMB867.8 million (US$122.2 million), while net revenues for the full year of 2023 increased 23.2% over the prior year to RMB3.3 billion (US$465.0 million).

Cheche Group Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Cheche CEO Lei Zhang Highlights the Strategic High Ground of Car Insurance for Auto Makers at China EV100

BEIJING , March 27, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that Lei Zhang, Founder and co-CEO of Cheche Group, delivered a speech at the recent China EV100 Forum encapsulating the state of the industry and sharing his expectations for the future. China EV100 is a non-profit policy and academic research institution, focused on the field of electric vehicles across disciplines, industries, sectors, and ownership.

Cheche CEO Lei Zhang Highlights the Strategic High Ground of Car Insurance for Auto Makers at China EV100

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