Cheche Group ( (CCG) ) has issued an announcement.
On April 22, 2025, Cheche Group Inc., a prominent auto insurance technology platform in China, announced a partnership with Wuhu Jetour Automobile Sales Company Limited, an automotive brand under Chery Holding Group. This collaboration aims to enhance Jetour Auto’s customer experience through Cheche’s digital insurance solutions, marking a significant milestone in Cheche’s strategy to deepen partnerships with automobile manufacturers across China. The partnership is expected to provide a seamless and personalized insurance experience for Jetour Auto’s customers and could potentially expand to other brands within Chery Holding Group.
Spark’s Take on CCG Stock
According to Spark, TipRanks’ AI Analyst, CCG is a Neutral.
Cheche Group’s overall score reflects strong revenue growth and recent profitability improvements. However, ongoing profitability, liquidity challenges, and a negative valuation score due to unprofitability weigh down the score. The positive momentum from strategic initiatives in the NEV sector and cost reduction efforts provide a hopeful outlook.
To see Spark’s full report on CCG stock, click here.
More about Cheche Group
Established in 2014 and headquartered in Beijing, China, Cheche Group Inc. is a leading auto insurance technology platform. It operates a nationwide network of around 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Cheche has evolved into a comprehensive, data-driven technology platform offering a full suite of services and products for digital insurance transactions and insurance SaaS solutions.
YTD Price Performance: 15.91%
Average Trading Volume: 633,608
Technical Sentiment Signal: Buy
Current Market Cap: $85.31M
Learn more about CCG stock on TipRanks’ Stock Analysis page.