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TuanChe Ltd - TC STOCK NEWS

Welcome to our dedicated news page for TuanChe (Ticker: TC), a resource for investors and traders seeking the latest updates and insights on TuanChe.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TuanChe's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TuanChe's position in the market.

News
TuanChe Files Its Annual Report on Form 20-F
Rhea-AI Summary
TuanChe (NASDAQ: TC) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC. The report includes audited consolidated financial statements accessible on the company's investor relations website or the SEC's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
-
News
TuanChe Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement
Rhea-AI Summary
TuanChe Limited (NASDAQ: TC) has regained compliance with Nasdaq's Minimum Bid Price Requirement after the closing bid price of the Company's ADSs was at $1.00 or greater for 10 consecutive business days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
none
-
News
TuanChe Announces Plan to Implement ADS Ratio Change
Rhea-AI Summary
TuanChe Limited (NASDAQ: TC) plans to change the ratio of its American Depositary Shares (ADSs) to Class A ordinary shares from 1:16 to 1:240, effectively a one-for-fifteen reverse ADS split. This change will not impact the underlying Class A ordinary shares. The ADS trading price is expected to increase proportionally, but there is no guarantee it will be 15 times the price before the change.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1398.93%
Tags
none
News
/C O R R E C T I O N -- TuanChe Limited/
Rhea-AI Summary
TuanChe Limited has announced a plan to implement an ADS ratio change, which is expected to be effective on or around February 15, 2024. The company aims to enhance its ADS trading liquidity and attract a broader investor base, potentially increasing the overall market value of its ADSs. This move reflects TuanChe's commitment to creating long-term value for its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1398.93%
Tags
none
-
News
TuanChe Limited Announces Results of Annual General Meeting of Shareholders
Rhea-AI Summary
TuanChe Limited (TC) announced the results of its 2023 Annual General Meeting of Shareholders, with shareholder-approved resolutions including the ratification of the appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023, and the appointment of Mr. Tong Zhang as an independent director of the board of directors of the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.29%
Tags
none
-
News
TuanChe to Hold 2023 Annual General Meeting on November 22, 2023
Rhea-AI Summary
TuanChe Limited announces its 2023 annual general meeting of shareholders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
Tags
none
News
TuanChe Announces Unaudited First Half 2023 Financial Results
Rhea-AI Summary
TuanChe Limited announces unaudited financial results for H1 2023. Net revenues increased by 3.3% to RMB92.2 million. Gross profit decreased by 19.1% to RMB58.4 million. Number of auto shows and automobile sale transactions increased significantly. Net loss attributable to shareholders decreased by 45.3%. Company expects net revenues for H2 2023 to range from RMB70.0 million to RMB100.0 million, representing a YoY decrease of 25.5% to increase of 6.4%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
earnings
-
News
TuanChe Limited Receives Second Compliance Period Granted by Nasdaq
Rhea-AI Summary
TuanChe received a second period of 180 days to regain compliance with minimum bid price requirement on Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.36%
Tags
none
-
News
TuanChe Limited Announces the Appointment of Chief Financial Officer
Rhea-AI Summary
TuanChe Limited has appointed Mr. Simon Li as its new chief financial officer. Mr. Li brings extensive experience in investment and corporate finance, making him well-suited for the role. The company expects his expertise to improve operating efficiency, optimize the capital structure, and create shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.77%
Tags
management
News
TuanChe Limited Announces the Appointment of Independent Director of the Board
Rhea-AI Summary
TuanChe Limited announced a change in its board of directors. Mr. Fei Han resigned as an independent director, while Mr. Tong Zhang was appointed as a new independent director. The board now consists of five directors, including three independent directors. Mr. Tong Zhang has over 10 years of experience in vehicle trading, e-commerce, and technology research.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Stock TC logo
TuanChe Ltd

Nasdaq:TC

TC Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

TC Stock Data

3.65M
169.45M
20.15%
14.24%
0.32%
Tobacco Manufacturing
Manufacturing
Link
China
Beijing

About TC

团车网（团圆网络科技（北京）有限公司旗下网站）成立于2009年，历经多家国际顶尖的风险基金投资和近5年的发展，现已成为中国最大的新车互联网交易平台。基于互联网和移动互联网的快速发展，团车网正在打造集新车、二手车交易和汽车后服务为一体的综合o2o平台。本着服务消费者“让买车用车更省钱”的核心理念，我们的愿景是成为中国最大的汽车交易和服务平台，业务覆盖新车、二手车、汽车后服务市场，构建全产业链闭环体系。团车网致力于为中国汽车消费者及商家提供完善的服务性解决方案。 新车团购服务（团车互联网信息服务（北京）有限公司，是团车网全资子公司）是团车网的核心业务，已经陆续覆盖全国30多个城市。本着“诚信、透明、高效、低价”的宗旨，我们致力于让中国所有的汽车消费者，都能以最低价买放心车，不花冤枉钱，真正做到省钱、省时、省心、省事。发展至今，团车网已成功为近30万个家庭实现了自己的汽车梦。 二手车业务（团车（北京）旧机动车经纪有限公司，是团车网全资子公司）创立于2014年初，本着“高价卖旧车，低价团新车”的宗旨，致力于为升级换代的汽车消费者免费提供旧车交易和报废服务，并且提供一体化一站式的置换新车解决方案，打造最好的用户体验。在北京仅用不到一年的时间，就已经成为了行业的领军龙头老大。 团车网的发展历程就如已成功的互联网巨头一样，目前已完成c轮融资，累计融资总额近5000万美元，团车网的发展也即将进入一个新的快车道。随着我们的愿景逐步实现，在不久的未来，登陆纽交所或纳斯达克也将成为一个水到渠成的里程碑！不忘初心、方得始终，我们希望找到志同道合的你一起加入，一起谱写属于自己的神话！