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Cheche Group Inc. Appoints New Auditor Amid Internal Control Challenges

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Cheche Group Inc. Appoints New Auditor Amid Internal Control Challenges

Elevate Your Investing Strategy:

The latest update is out from Cheche Group ( (CCG) ).

On July 18, 2025, Cheche Group Inc. announced a change in its independent registered public accounting firm, dismissing PricewaterhouseCoopers Zhong Tian LLP and appointing Marcum Asia CPAs LLP for the year ending December 31, 2025. The decision, approved by the company’s board and audit committee, follows a period without disagreements or reportable events with PwC ZT, except for identified material weaknesses in internal controls over financial reporting. These weaknesses included insufficient accounting personnel knowledgeable in U.S. GAAP and inadequate financial closing procedures, which have been communicated to Marcum Asia.

The most recent analyst rating on (CCG) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Cheche Group stock, see the CCG Stock Forecast page.

Spark’s Take on CCG Stock

According to Spark, TipRanks’ AI Analyst, CCG is a Neutral.

The most significant factors affecting Cheche Group’s stock score are the financial performance challenges, particularly ongoing losses and cash flow issues, and an unattractive valuation. Technical analysis shows neutral momentum, offering no significant upside signals. The lack of earnings call data and corporate events leaves these areas unassessed.

To see Spark’s full report on CCG stock, click here.

More about Cheche Group

Average Trading Volume: 169,875

Technical Sentiment Signal: Strong Sell

Current Market Cap: $64.24M

See more data about CCG stock on TipRanks’ Stock Analysis page.

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