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Cheche Group regains Nasdaq compliance after meeting minimum bid price requirement.
ByAinvest
Friday, Sep 19, 2025 8:37 am ET1min read
Cheche Group Inc. has regained compliance with Nasdaq's Minimum Bid Price Requirement. The company received a notification letter from Nasdaq in June 2025, stating that its Class A ordinary shares had fallen below the minimum bid price of $1.00. However, Cheche has now met the requirement, and its shares will continue to be listed on Nasdaq.
Beijing, China, September 12, 2025 — Cheche Group Inc. (NASDAQ: CCG), a leading auto insurance technology platform, has successfully regained compliance with Nasdaq's Minimum Bid Price Requirement. The company received a notification letter from the Nasdaq Stock Market Inc. on September 18, 2025, confirming that it has met the requirement after a period of non-compliance.In June 2025, Nasdaq informed Cheche that its Class A ordinary shares had fallen below the minimum bid price of $1.00 for 31 consecutive business days, which was a violation of Nasdaq Listing Rule 5550(a)(2). However, the company has since demonstrated compliance by maintaining a closing bid price of $1.00 per share or greater for 12 consecutive business days from September 2, 2025, to September 18, 2025 [1].
Cheche Group Inc., established in 2014 and headquartered in Beijing, China, operates a nationwide network of around 101 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. The company 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 in China.
The successful regaining of compliance with Nasdaq's Minimum Bid Price Requirement is a significant milestone for Cheche Group Inc. and ensures the continued listing of its shares on the Nasdaq Stock Market. This achievement underscores the company's commitment to meeting regulatory standards and maintaining its position as a leader in the auto insurance technology sector.
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