Cheche Group Recognized in KPMG China's List of the 50 Best Fintech Companies

Rhea-AI Summary

Cheche Group (NASDAQ: CCG), China's leading auto insurance technology platform, announced that its wholly owned subsidiary, Cheche Technology Inc., has been recognized by KPMG China as one of the top 50 leading fintech companies in China. The announcement was made during the '2024 KPMG List of China Fintech Top 50 Release and Award Ceremony' held on January 10, 2025, in Shanghai. The event, hosted by KPMG China and the FinTech Branch of Shanghai University of Finance and Economics Alumni Association, brought together over a hundred industry experts and senior executives.

Mr. Lei Zhang, Founder, CEO, and Chairman of Cheche, highlighted the company's pioneering role in digital insurance transformation. Utilizing advanced technologies and comprehensive data, Cheche offers a variety of digital insurance solutions. These include a digital insurance transaction platform, a new energy vehicle (NEV) insurance solution platform, a SaaS system for insurance intermediaries, and an Intelligent AI Decision-Making System.

Positive

• Cheche Group's subsidiary recognized among China's top 50 fintech companies by KPMG China.
• The recognition underscores Cheche's leadership in digital insurance transformation.
• Cheche offers a suite of innovative digital insurance solutions, including platforms for NEV insurance and SaaS systems.

Negative

• None.

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. Lei Zhang, Founder, CEO, and Chairman of Cheche, attended the 2024 KPMG List of China Fintech Top 50 Release and Award Ceremony which was jointly hosted by KPMG China and the FinTech Branch of Shanghai University of Finance and Economics Alumni Association in Shanghai to celebrate the achievement. The event gathered over a hundred industry experts and senior executives from fintech companies to discuss the latest trends and future developments in the sector.

"As a pioneer of insurance technology in China, Cheche's growth and success at the helm of digital insurance transformation is further underscored by this recognition," said Mr. Lei Zhang. "Leveraging cutting-edge technologies and extensive data, the Company offers a suite of one-stop digital insurance solutions that empower innovative scenario-based insurance and engage diverse user groups such as customers, agents, automakers, internet platforms, and insurance companies within its digital insurance ecosystem."

Cheche's most popular products include a digital insurance transaction platform, a new energy vehicle ("NEV") insurance solution platform, a SaaS system for insurance intermediaries, and an Intelligent AI Decision-Making System.

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-recognized-in-kpmg-chinas-list-of-the-50-best-fintech-companies-302349171.html

SOURCE Cheche Group Inc.

FAQ

What does the KPMG China recognition mean for Cheche Group (CCG)?

The recognition by KPMG China as one of the top 50 fintech companies underscores Cheche Group's leadership in digital insurance transformation and innovation.

When was Cheche Group (CCG) recognized by KPMG China?

Cheche Group was recognized by KPMG China on January 10, 2025.

What are some of Cheche Group's (CCG) popular products?

Cheche Group offers a digital insurance transaction platform, a new energy vehicle (NEV) insurance solution platform, a SaaS system for insurance intermediaries, and an Intelligent AI Decision-Making System.

Who attended the KPMG China fintech award ceremony from Cheche Group (CCG)?

Mr. Lei Zhang, Founder, CEO, and Chairman of Cheche Group, attended the award ceremony.

What is the significance of Cheche Group (CCG) being recognized by KPMG China?

The recognition highlights Cheche Group's pioneering role in the digital insurance sector and its success in leveraging advanced technologies to offer innovative insurance solutions.