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TuanChe ( (TC) ) has issued an update.
Token Cat Limited, a Cayman Islands exempted limited company, announced significant leadership changes effective November 6, 2025. Mr. Wei Wen, the former director, CEO, and Chairman, and Mr. Simon Li, the former CFO, both resigned on October 30, 2025, without any disagreements with the company. Mr. Guangsheng Liu, previously Co-CEO, has been appointed as the new CEO, CFO, and Chairman, consolidating leadership roles and potentially impacting the company’s strategic direction.
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: 24,497
Technical Sentiment Signal: Sell
Current Market Cap: $2.81M
See more data about TC stock on TipRanks’ Stock Analysis page.