Cheche Group Inc.

Cheche Group Inc. announced it has received an additional 180-calendar day extension from Nasdaq to regain compliance with the minimum closing bid price requirement of US$1.00 per share. The new deadline for compliance is January 11, 2027, following the expiration of the initial 180-day period on July 13, 2026. If the company fails to meet the requirement by the extended deadline, it may face delisting from Nasdaq.

Cheche Group Inc. announced a 35-for-1 share consolidation for its Class A and Class B ordinary shares, effective July 20, 2026. This action, approved by shareholders, is intended to help the company meet Nasdaq's minimum bid price requirement. The consolidation will result in a reduced number of outstanding shares and proportionate adjustments to warrants, without altering shareholders' percentage interest, except for fractional share rounding.

Cheche Group Inc. announced the launch of "Cheche Score," a proprietary AI-powered dynamic pricing model for new energy vehicle (NEV) insurance. This solution integrates multi-dimensional data and over 200 risk indicators to create a five-tier risk segmentation system, enabling individualized and dynamic pricing for NEVs. The platform is fully commercialized across multiple Chinese cities and has already shown improvements in policy renewal conversion rates and reduced underwriting costs through partnerships with major insurance carriers.

Cheche Group Inc. announced the official launch of "ABAO Agent," an AI-powered intelligent underwriting solution. Built on the company's proprietary large language model, ABAO Agent delivers end-to-end intelligent automation across underwriting and policy renewal. It is now commercially deployed in auto insurance renewal scenarios, providing 24/7 autonomous capabilities for the complete renewal workflow, which is expected to reduce labor and operational costs for carrier partners. This launch signifies a pivotal step in Cheche's strategic evolution from a digital insurance transaction platform to an AI-driven insurtech company.

Cheche Group Inc. announced the results of its Extraordinary General Meeting held on June 12, 2026. Shareholders approved a 35-for-1 share consolidation for both Class A and Class B ordinary shares, which will also change their par values. Additionally, the amendment of the company's memorandum and articles of association to reflect the share consolidation was also approved.

Cheche Group Inc. announced an Extraordinary General Meeting (EGM) to be held on June 12, 2026, to approve a 1-for-35 share consolidation. This action will consolidate every thirty-five issued and unissued Class A and Class B ordinary shares into one share of the respective class. Shareholders will also vote on amending the company's memorandum and articles of association to reflect this change. The record date for voting is May 22, 2026.

Cheche Group Inc. officially launched its proprietary, AI large model-driven intelligent connected vehicle pricing product, targeting China's 20 million intelligent connected new energy vehicles (NEVs). This platform uses advanced machine learning and multi-dimensional data analytics to deliver precise, personalized insurance pricing. Concurrently, CEO Lei Zhang expressed his intent to purchase company shares using personal funds, citing the company's full-year profitability in 2025 and the successful commercialization of its AI products as reasons for his long-term confidence in Cheche's growth strategy and value proposition.