Cheche Group
About: Cheche Group Inc is engaged in the operation of providing insurance transaction services, Software-as-a-Service (SaaS) services and other services in China.. 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, etc.
Employees: 548
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
9% more funds holding
Funds holding: 11 [Q4 2024] → 12 (+1) [Q1 2025]
0.18% less ownership
Funds ownership: 1.16% [Q4 2024] → 0.98% (-0.18%) [Q1 2025]
19% less capital invested
Capital invested by funds: $589K [Q4 2024] → $478K (-$112K) [Q1 2025]
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$350
44,772%
upside
Avg. target
$350
44,772%
upside
High target
$350
44,772%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Wolfe Research Steve Fleishman | 44,772%upside $350 | Outperform Maintained | 4 Jun 2025 |
Financial journalist opinion
Neutral
PRNewsWire
4 days ago
Cheche Group Announces Receipt of Notification Letter from Nasdaq
BEIJING , June 10, 2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that it received a notification letter, dated June 5, 2025 (the "Notification Letter "), from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the Company's closing bid price per Class A ordinary share, par value US$0.00001 per share, has been below US$1.00 for a period of 31 consecutive business days. The Notification Letter does not result in the immediate delisting of the Company's securities.
Neutral
PRNewsWire
2 weeks ago
Cheche Group to Participate in Maxim Group's 2025 Virtual Tech Investor Conference: Discover the Innovations Reshaping Tomorrow
BEIJING , May 27, 2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that the Company will be participating in an upcoming investor conference. Maxim Group's 2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow Fireside Chat Who: Lei Zhang, Founder, CEO and Chairman When: Track 1 from 9:00-9:30a.m.
Neutral
PRNewsWire
1 month ago
Cheche Group Announces Partnership with Jetour Auto
BEIJING , April 22, 2025 /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 partnership with Wuhu Jetour Automobile Sales Company Limited ("Jetour Auto"), an automotive brand under Chery Holding Group Co., Ltd. ("Chery Holding Group").
Neutral
PRNewsWire
2 months ago
Cheche Group Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results
BEIJING , March 28, 2025 /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, 2024. Financial and Operational Highlights Net revenue s for the quarter increased by 13.4% year-over-year to RMB983.6 million (US$134.8 million), while net revenues for the full year of 2024 increased by 5.2% over the prior year to RMB3.5 billion (US$475.8 million).
Neutral
PRNewsWire
2 months ago
Cheche Group Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Date
BEIJING , March 20, 2025 /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 fourth quarter and full year 2024 results on Friday, March 28, 2025, at 8:00 a.m. EST. The earnings release and related investor deck will be available prior to the event in the "Quarterly Results" section under "Financials", while the live webcast will be available in the "Events" section under the "News & Events" header on the investor relations website ir.chechegroup.com.
Neutral
PRNewsWire
3 months ago
Cheche Group Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement
BEIJING , March 11, 2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated March 10, 2025, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, the Company received a notification letter dated November 15, 2024 (the "Notification Letter") from Nasdaq indicating that the closing bid price of the Company's Class A ordinary shares has been below the minimum bid price of US$1.00 required for continued listing under the Nasdaq Listing Rule 5550(a)(2) for a period of 30 consecutive business days.
Neutral
PRNewsWire
3 months ago
Cheche Group's Tianmu Insurance Anti-Fraud and Risk Control Model Recognized Among Top 100 AI Products of 2024
BEIJING , Feb. 24, 2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that its innovative Tianmu Insurance Anti-Fraud and Risk Control Model has been recognized in the prestigious Top 100 AI Products of 2024 list, released by Internet Weekly in collaboration with eNET Research Institute and Deben Consulting. This accolade highlights Cheche's commitment to leveraging cutting-edge technology in the insurance industry.
Neutral
PRNewsWire
5 months ago
Cheche Group Recognized in KPMG China's List of the 50 Best Fintech Companies
BEIJING , Jan. 13, 2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that Cheche Technology Inc., the Company's wholly owned subsidiary, was recognized by KPMG China as one of China's top 50 leading fintech companies. On January 10, 2025, Mr.
Neutral
PRNewsWire
6 months ago
Cheche Group Reports Third Quarter 2024 Unaudited Financial Results
BEIJING , Nov. 26, 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 third quarter ended September 30, 2024. Financial and Operational Highlights Net Revenue s for the quarter increased 3.3% year-over-year to RMB850.5 million (US$121.2 million), while net revenues for the first nine months of 2024 increased 2.3% over the comparable prior year period to RMB2.5 billion (US$354.8 million).
Neutral
PRNewsWire
6 months ago
Cheche Group Announces Receipt of Notification Letter from Nasdaq
BEIJING , Nov. 21, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that it received a notification letter dated November 15, 2024 (the "Notification Letter "), from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the Company's closing bid price per Class A ordinary share, par value US$0.00001 per share, has been below US$1.00 for a period of 30 consecutive business days. The Notification Letter does not result in the immediate delisting of the Company's securities.
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