Company Overview - Cheche Group Inc. is a leading auto insurance technology platform in China, established in 2014 and headquartered in Beijing [3] - The company operates a nationwide network of approximately 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China [3] - 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 [3] Recent Developments - Lei Zhang, the Founder, CEO, and Chairman of Cheche, recently purchased Class A ordinary shares of the company in the open market, indicating his confidence in the company's future [1] - Zhang highlighted the rapid growth of the digital insurance business for new energy vehicles and the significant economies of scale as key factors showcasing the potential of Cheche's platform [1] - The CEO intends to increase his ownership stake in Cheche by taking advantage of future opportunities in the open market, adhering to insider trading policies and applicable securities regulations [1]
Cheche Group CEO Lei Zhang Acquiring Company Ordinary Shares