Cheche Group Announces Receipt of Notification Letter from Nasdaq

Rhea-AI Summary

Cheche Group (NASDAQ: CCG) received a Nasdaq notification dated January 12, 2026, saying its closing bid price has been below $1.00 for 30 consecutive business days and is currently out of compliance with Rule 5550(a)(2).

The notice does not cause immediate delisting. Cheche has a 180-calendar-day compliance period through July 13, 2026 to regain a $1.00 closing bid for at least 10 consecutive business days. The company says trading, SEC reporting and contracts are unaffected and it remains compliant with other Nasdaq continued listing standards.

Positive

• No immediate delisting; trading remains unaffected
• 180-day compliance period through July 13, 2026
• Company remains compliant with other Nasdaq standards
• May qualify for an additional 180-day extension if criteria met

Negative

• Closing bid price below $1.00 for 30 consecutive business days
• Must achieve $1.00 for 10 consecutive business days to regain compliance
• Risk of delisting if compliance not regained by July 13, 2026

News Market Reaction

-0.59%

1 alert

-0.59% News Effect

On the day this news was published, CCG declined 0.59%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Current share price: $0.8249 Nasdaq minimum bid: $1.00 Days below $1.00: 30 business days +5 more

8 metrics

Current share price $0.8249 Pre-notice trading on Nasdaq; below $1.00 bid-price threshold

Nasdaq minimum bid $1.00 Required minimum closing bid price under Nasdaq Listing Rule 5550(a)(2)

Days below $1.00 30 business days Consecutive days CCG closed below $1.00 triggering non-compliance

Initial compliance window 180 calendar days Period until <b>July 13, 2026</b> to regain bid-price compliance

Re-compliance requirement 10 business days Minimum consecutive days at or above $1.00 to cure deficiency

Additional window 180 calendar days Potential extra compliance period if other listing standards are met

Price vs 52-week high -46.44% Current price relative to 52-week high of $1.54

Relative volume 0.85x Today’s volume vs 20-day average ahead of the Nasdaq notice

Market Reality Check

Price: $0.8305 Vol: Volume 50,848 is 15% belo...

normal vol

$0.8305 Last Close

Volume Volume 50,848 is 15% below 20-day average 59,843, suggesting limited pre-news activity. normal

Technical Shares trade below the 200-day MA at $0.92, reflecting a weak longer-term trend ahead of the notice.

Peers on Argus

CCG slipped 0.68% while peers showed mixed moves: some down (e.g., TZOO, MNY), o...

1 Up

CCG slipped 0.68% while peers showed mixed moves: some down (e.g., TZOO, MNY), others up (e.g., SOGP, BZFD). Only NAMI appeared in momentum scans, moving up, indicating the Nasdaq notice was stock-specific rather than a sector-wide driver.

Historical Context

5 past events · Latest: Dec 04 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Partnership launch	Positive	+0.4%	New FAW Bestune partnership integrating insurance into digital delivery workflow.
Sep 19	Listing compliance	Positive	+1.4%	Regained Nasdaq minimum bid compliance after 12 days above $1.00.
Sep 17	Partnership expansion	Positive	-0.7%	Expanded Volkswagen Anhui partnership for NEV risk management services.
Sep 08	Partnership update	Positive	-4.6%	Deepened NIO insurance partnership amid strong NIO delivery growth.
Aug 28	Strategy & results	Positive	-5.1%	Global digital roadmap and strong H1 NEV policy and premium growth.

Pattern Detected

Recent positive strategic and growth updates have more often been followed by negative 24h price reactions than gains.

Recent Company History

This announcement follows a prior Nasdaq bid-price episode that was resolved when Cheche regained compliance after maintaining $1.00+ for 12 days in September 2025. In recent months, the company highlighted multiple growth initiatives, including expanded partnerships with Volkswagen Anhui and NIO, and a global roadmap with strong H1 2025 NEV metrics. Despite these partnerships and ambitious expansion plans, several of those positive updates saw negative next-day price reactions, underscoring investor sensitivity to execution and listing compliance.

Market Pulse Summary

This announcement details Cheche’s receipt of a Nasdaq notice after its shares closed below $1.00 fo...

Analysis

This announcement details Cheche’s receipt of a Nasdaq notice after its shares closed below $1.00 for 30 consecutive business days, triggering a formal 180-day cure period ending July 13, 2026. The letter does not cause immediate delisting, and the company states it remains compliant with all other listing standards. Investors may watch for concrete measures to support the share price, any future regulatory updates, and how upcoming strategic or financial disclosures influence trading relative to the $1.00 threshold.

Key Terms

nasdaq listing rules, minimum bid price requirement, closing bid price, par value, +4 more

8 terms

nasdaq listing rules regulatory

"requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the"

Nasdaq listing rules are the rulebook a company must follow to have its shares traded on the Nasdaq stock exchange, covering entry requirements and ongoing standards for finances, corporate governance, public disclosure and reporting. For investors they matter because the rules create baseline checks — like a driver’s license and regular inspections for a car — that promote transparency, comparability and reduce the risk of fraud or sudden delisting.

minimum bid price requirement regulatory

"no longer in compliance with the minimum bid price requirement set forth in Rule"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

closing bid price financial

"as the Company's closing bid price per Class A ordinary share, par value"

The closing bid price is the last price that a buyer was willing to pay for a security at the end of the trading day. It reflects the final visible demand for the stock — like the last offer someone makes for a used car before a yard closes — and helps investors gauge market interest, set valuations, and mark portfolios to market for that day.

par value financial

"closing bid price per Class A ordinary share, par value US$0.00001 per share,"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

compliance period regulatory

"has a compliance period of 180 calendar days, or until July 13, 2026"

A compliance period is a defined stretch of time during which a company must meet specific legal, regulatory, or contractual rules and reporting requirements. Think of it like a scheduled inspection window or a homework deadline: failing to satisfy the rules within that window can trigger fines, restrictions, or extra oversight, so investors watch compliance periods as signals of near-term legal risk, potential costs, and impacts on a company’s operations or cash flow.

market value of publicly held shares financial

"if it meets the continued listing requirements for market value of publicly held"

The market value of publicly held shares is the total dollar worth of a company’s shares that are available to outside investors, calculated by multiplying the current market price by the number of shares held by the public (the “float”). It matters because it tells investors how much of the company is actually tradable and how the market is pricing that tradable portion—like a price tag on the items on a store shelf, it affects liquidity, volatility and how easy it is to buy or sell a meaningful stake.

continued listing requirements regulatory

"if it meets the continued listing requirements for market value of publicly held"

Rules a stock exchange sets that a publicly traded company must keep meeting to stay listed and tradable on that exchange, such as minimum share price, market value, timely financial reports, and basic governance practices. Like a club’s membership rules, they matter because falling short can lead to warnings, penalties or removal from the exchange, which can cut liquidity, hurt share value and increase the risk for investors.

u.s. securities and exchange commission regulatory

"does not affect the Company's business operations, its U.S. Securities and Exchange Commission"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

AI-generated analysis. Not financial advice.

BEIJING, Jan. 13, 2026 /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 January 12, 2026 (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.

The Company would like to clarify that the Notification Letter has no current effect on the listing or trading of the Company's securities on Nasdaq. Pursuant to Rule 5810(c)(3)(A) of the Nasdaq Listing Rules, the Company has a compliance period of 180 calendar days, or until July 13, 2026 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per Class A ordinary share is at least US$1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

In the event that the Company does not regain compliance by July 13, 2026, subject to the determination by the staff of Nasdaq, it may be eligible for an additional 180 calendar days compliance period if it meets the continued listing requirements for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement of the Nasdaq, and provides written notice to Nasdaq of its intention to cure for the minimum bid price requirement.

The Company intends to monitor the closing bid price of its Class A ordinary shares between now and July 13, 2026, and is considering its options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. The Company is currently in compliance with all other Nasdaq continued listing standards. The Notification Letter does not affect the Company's business operations, its U.S. Securities and Exchange Commission reporting requirements or contractual obligations.

Safe Harbor Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding existing and new partnerships and customer relationships, projections, estimation, and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company's ability to scale and grow its business, the Company's advantages and expected growth, and its ability to source and retain talent, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company's management and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

About Cheche Group Inc.

Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at https://www.chechegroup.com/en.

Cheche Group Inc.:

IR@chechegroup.com

Crocker Coulson
crocker.coulson@aummedia.org
(646) 652-7185

View original content:https://www.prnewswire.com/news-releases/cheche-group-announces-receipt-of-notification-letter-from-nasdaq-302659670.html

SOURCE Cheche Group Inc.

FAQ

What did Cheche Group (CCG) announce on January 13, 2026 about Nasdaq compliance?

Cheche said it received a Nasdaq notice that its closing bid was below $1.00 for 30 consecutive business days and is not currently compliant with Rule 5550(a)(2).

How long does Cheche (CCG) have to regain Nasdaq minimum bid price compliance?

Cheche has a 180-calendar-day compliance period ending on July 13, 2026 to regain the minimum bid price.

What is the Nasdaq requirement Cheche (CCG) must meet to regain compliance?

The company must have a $1.00 closing bid per share for at least 10 consecutive business days to regain compliance.

Does the Nasdaq notification mean Cheche (CCG) will be delisted immediately?

No. The notification does not cause immediate delisting and trading and SEC reporting remain unaffected.

Can Cheche (CCG) get more time if it misses the July 13, 2026 deadline?

Yes. Subject to Nasdaq staff determination, Cheche may be eligible for an additional 180-day extension if it meets other continued listing requirements and files notice to cure.