Cheche Group announced that its Founder, Chief Executive Officer and Chairman, Lei Zhang, recently purchased Class A ordinary shares of Cheche in the open market. “The rapid growth of the digital insurance business for new energy vehicles and the significant economies of scale underscore the enormous potential of our platform,” said Mr. Zhang. “My investment reflects my confidence in Cheche as we continue to build and customize products for our expanding network of insurance and manufacturing partners and increase our footprint in China’s insurance business.”
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