BEIJING, Oct. 1, 2024
/PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the
"Company"), China's leading auto
insurance technology platform, today announced that it has entered
into a strategic partnership with The Tokio Marine & Nichido
Fire Insurance Company (China)
Limited ("TMNCH"), as Cheche continues to broaden its
collaborations with insurance companies in China.
Underwriting primary coverage and reinsurance for several lines
of business including property insurance, liability insurance,
guaranty insurance, and short-term health insurance, TMNCH, wholly
funded by Tokio Marine & Nichido Fire Insurance Co., Ltd., is
the first Japanese insurance company to have entered the Chinese
insurance market.
"We are excited to announce our strategic partnership with TMNCH
and look forward to developing customized products and services
together," said Lei Zhang, Founder, CEO, and Chairman of Cheche.
"Not only is our capacity for innovation vastly increased as we
expand and strengthen our relationships with insurance companies
and automobile manufacturers, but our leadership position as the
intelligent insurance platform in China is underscored as well."
Cheche's agreement with TMNCH is two pronged. Leveraging each
other's strengths, the two companies are working to develop
specialized insurance products, services, and sales strategies.
This collaboration will enhance Cheche's insurance service
capabilities while offering increased scale for traditional
automotive companies and pave the way for future partnerships with
Japanese automotive companies.
Safe Harbor Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements also include, but are not limited to,
statements regarding existing and new partnerships and customer
relationships, projections, estimation, and forecasts of revenue
and other financial and performance metrics, projections of market
opportunity and expectations, the Company's ability to scale and
grow its business, the Company's advantages and expected growth,
and its ability to source and retain talent, as applicable. These
statements are based on various assumptions, whether or not
identified in this press release, and on the current expectations
of the Company's management and are not predictions of actual
performance. These statements involve risks, uncertainties, and
other factors that may cause the Company's actual results, levels
of activity, performance, or achievements to materially differ from
those expressed or implied by these forward-looking statements.
Further information regarding these and other risks, uncertainties,
or factors is included in the Company's filings with the U.S.
Securities and Exchange Commission. Although the Company believes
that it has a reasonable basis for each forward-looking statement
contained in this press release, the Company cautions you that
these statements are based on a combination of facts and factors
currently known and projections of the future, which are inherently
uncertain. The forward-looking statements in this press release
represent the views of the Company as of the date of this press
release. Subsequent events and developments may cause those views
to change. Except as may be required by law, the Company does not
undertake any duty to update these forward-looking statements.
About Cheche Group Inc.
Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto
insurance technology platform with a nationwide network of around
108 branches licensed to distribute insurance policies across 25
provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in
auto insurance transaction services, Cheche has evolved into a
comprehensive, data-driven technology platform that offers a full
suite of services and products for digital insurance transactions
and insurance SaaS solutions in China. Learn more at
https://www.chechegroup.com/en.
Cheche Group Inc.:
IR@chechegroup.com
Crocker Coulson
crocker.coulson@aummedia.org
(646) 652-7185
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SOURCE Cheche Group Inc.
