Cheche365.com

About Cheche365.com

Cheche Technology (Cheche365.com, cc.chetimes.com) operates as a digital insurance transaction and services platform in China, positioning itself at the intersection of finance and technology. Founded in 2014 by Lei Zhang, the company has grown to become a significant player in the country's InsurTech sector. Zhang's background includes roles as a senior manager at Huawei, executive vice president at Datang Investment, and CEO of Yunlitel, an insurance mobile information solution provider, experience that has shaped Cheche's technological approach to the insurance market. A major milestone for the company was its listing on the NASDAQ stock exchange in September 2023 under the ticker symbol "CCG," following a merger with Prime Impact Acquisition I.

The core of Cheche's business is to provide a technology-empowered platform for auto insurance transactions. The company serves a diverse client base that includes insurance carriers, intermediaries, third-party platforms, and consumers. Its business model revolves around reshaping the traditional auto insurance value chain by digitizing distribution and services, which improves operational efficiency and reduces costs. Revenue is generated through commissions and service fees from insurance transactions completed on its platform. The company has established partnerships with over 100 insurance carriers, thousands of intermediaries, and numerous referral partners and third-party platforms.

Cheche Technology offers a suite of products and services built on artificial intelligence and data analytics. Its AI-driven insurance transaction platform enables precise quotes in seconds and automated processing within minutes. The company provides comprehensive solutions for the intelligent and connected mobility ecosystem, particularly for New Energy Vehicles (NEVs), offering personalized insurance products that cover driver and passenger accidents and extended warranties. Furthermore, Cheche provides Software-as-a-Service (SaaS) platforms for insurance intermediaries, empowering them with digital tools. The platform's extensive network and focus on the growing NEV market are key operational strengths, connecting vehicle manufacturers with a digital insurance ecosystem.