Core Insights - Cheche Group Inc. has partnered with Laoyou Insurance Brokerage to enhance collaborations with auto manufacturers in China [1][2] - Laoyou Insurance is a subsidiary of Great Wall Motor Company, a leading Chinese auto manufacturer [1] - Cheche's insurance solutions are being integrated with GWM's direct-sales network across over 20 cities [1] Company Developments - The partnership with Laoyou Insurance reflects Cheche's strategy to engage with major domestic automotive groups [2] - Cheche aims to develop a comprehensive insurance solution for traditional automakers within one to two years [2] - The expansion of GWM's Smart Selection network is expected to drive growth in Cheche's insurance service offerings [2] Company Background - Cheche Group Inc. was established in 2014 and is headquartered in Beijing, China [4] - The company operates around 108 branches licensed to distribute insurance policies across 25 regions in China [4] - Cheche has evolved into a data-driven technology platform offering a full suite of digital insurance transaction services [4]
Cheche Group Announces Partnership with Great Wall Motor's Insurance Brokerage