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Cheche Group (NASDAQ: CCG) approves 35-for-1 share consolidation at EGM

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Cheche Group Inc. reported that shareholders approved all proposals at an extraordinary general meeting held on June 12, 2026 in Beijing. The key decision is a share consolidation, whereby every thirty-five issued and unissued class A ordinary shares of par value US$0.00001 each will become one class A ordinary share of par value US$0.00035, and every thirty-five issued and unissued class B ordinary shares of par value US$0.00001 will become one class B ordinary share of par value US$0.00035.

Shareholders also approved amendments to the company’s memorandum and articles of association and adoption of a new memorandum and articles of association to reflect the consolidation. The effective date of the consolidation will be set by the chairman of the board or designated officers. Cheche describes itself as a leading auto insurance technology platform in China with around 108 branches across 25 provinces and regions.

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Insights

Cheche shareholders approved a 35-for-1 share consolidation and aligned governing documents.

Cheche Group secured shareholder approval for a 35-to-1 consolidation of both class A and class B ordinary shares, adjusting par value from US$0.00001 to US$0.00035 per share. This restructures the share count while keeping proportional ownership unchanged for investors.

The company is also adopting a revised memorandum and articles of association to match the new capital structure, a standard legal follow-up. The effective date will be chosen by board leadership, so practical impacts on trading will depend on when that decision is implemented and communicated in future disclosures.

Share consolidation ratio 35-to-1 Class A and Class B ordinary shares
Old par value per share US$0.00001 Class A and Class B before consolidation
New par value per share US$0.00035 Class A and Class B after consolidation
Branches around 108 branches Nationwide network in China
Geographic coverage 25 provinces and regions Insurance distribution footprint in China
Meeting date and time 10 A.M., June 12, 2026 Extraordinary general meeting in Beijing
Share Consolidation financial
"the shareholders have passed resolutions (1) to approve and effect a share consolidation whereby every thirty-five (35) issued and unissued class A ordinary shares"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
extraordinary general meeting regulatory
"Cheche Group Inc. ... today announced the results of the Company’s extraordinary general meeting (the “Meeting”) held at 10 A.M. on June 12, 2026"
memorandum and articles of association regulatory
"to approve the amendment of the Company’s memorandum and articles of association currently in effect (the “Current M&A”) and the adoption of a new memorandum and articles of association"
Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.
forward-looking statements regulatory
"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 are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
auto insurance technology platform financial
"Cheche is a leading auto insurance technology platform with a nationwide network of around 108 branches"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number 001-41801

 

Cheche Group Inc.

 

8/F, Desheng Hopson Fortune Plaza

13-1 Deshengmenwai Avenue

Xicheng District, Beijing 100088, China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

EXPLANATORY NOTE

 

The document attached as exhibit 99.1 to this Form 6-K are hereby incorporated by reference into the registration statements on Form F-3 (File Nos.: 333-287000 and 333-274806) of the Company, filed with the U.S. Securities and Exchange Commission and to be a part thereof from the date on which this report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished (to the extent we expressly state that we incorporate such furnished information by reference).

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Dated: June 12, 2026
     
  By: /s/ Lei ZHANG
  Name:  Lei ZHANG
  Title: Chief Executive Officer and Director

 

 

 

 

EXHIBIT INDEX

 

Exhibit Number   Description
99.1   Press Release

 

 

 

Exhibit 99.1

 

Cheche Group Announces Results of Extraordinary General Meeting

 

BEIJING, China – June 12, 2026 – Cheche Group Inc. (NASDAQ: CCG) (“Cheche” or the “Company”), China’s leading auto insurance technology platform, today announced the results of the Company’s extraordinary general meeting (the “Meeting”) held at 10 A.M. on June 12, 2026, Beijing time (10 P.M. on June 11, 2026, U.S. Eastern time) at 8/F, Desheng Hopson Fortune Plaza, 13-1 Deshengmenwai Avenue, Xicheng District, Beijing 100088, China. The proposals submitted for shareholder approval at the EGM have been approved. Specifically, the shareholders have passed resolutions:

 

(1) to approve and effect a share consolidation whereby every thirty-five (35) issued and unissued class A ordinary shares of par value of US$0.00001 each be consolidated into one (1) class A ordinary share of par value US$0.00035 each (the “Class A Ordinary Share”), and every thirty-five (35) issued and unissued class B ordinary shares of par value US$0.00001 each be consolidated into one (1) class B ordinary share of par value US$0.00035 each (the “Class B Ordinary Share”) (the “Share Consolidation”), subject to shareholders’ approval and becoming effective on such date as determined by the chairman of the Board or any committee or any officer; and

 

(2) to approve the amendment of the Company’s memorandum and articles of association currently in effect (the “Current M&A”) and the adoption of a new memorandum and articles of association to reflect the Share Consolidation (the “New M&A”).

 

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@aumadvisors.com

(646) 652-7185

 

 

 

FAQ

What did Cheche Group Inc. (CCG) shareholders approve at the June 2026 EGM?

Shareholders approved all proposals, including a 35-for-1 consolidation of both class A and class B ordinary shares and adoption of a new memorandum and articles of association to reflect the updated capital structure and par values.

How does Cheche Group’s 35-for-1 share consolidation work for CCG shares?

Every thirty-five issued and unissued class A ordinary shares and every thirty-five issued and unissued class B ordinary shares of par value US$0.00001 each will be consolidated into one share of the same class with a new par value of US$0.00035 per share.

When will Cheche Group’s share consolidation become effective?

The consolidation becomes effective on a date determined by the chairman of the board or designated officers. That date was not fixed in this disclosure and will be set and communicated by company leadership later.

Did Cheche Group change its governing documents in connection with the CCG share consolidation?

Yes. Shareholders approved amendments to the current memorandum and articles of association and the adoption of a new memorandum and articles of association specifically to reflect the approved share consolidation and revised par values for both share classes.

What business does Cheche Group Inc. (CCG) operate after the EGM decisions?

Cheche remains a leading auto insurance technology platform in China, founded in 2014 and headquartered in Beijing, with around 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in the country.

Filing Exhibits & Attachments

1 document