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TuanChe ( (TC) ) just unveiled an announcement.
Token Cat Limited, a Cayman Islands exempted limited company, announced the resignation of its President, Mr. Jianchen Sun, and Chief Operating Officer, Mr. Hui Yuan, effective September 29, 2025. Both departures were not due to disagreements with the company. The Board of Directors plans to conduct a search to fill these vacancies and ensure compliance with Nasdaq listing rules and other regulations.
Spark’s Take on TC Stock
According to Spark, TipRanks’ AI Analyst, TC is a Underperform.
TuanChe faces significant financial challenges with declining revenues and high leverage, leading to financial instability. The technical analysis shows a bearish trend, while the valuation indicates unattractiveness due to consistent losses. Overall, the stock is rated low due to financial distress and bearish technical indicators.
To see Spark’s full report on TC stock, click here.
More about TuanChe
Average Trading Volume: 20,603
Technical Sentiment Signal: Sell
Current Market Cap: $2.09M
For an in-depth examination of TC stock, go to TipRanks’ Overview page.