Cheche Group Restores Nasdaq Listing Compliance

Cheche Group has regained compliance with Nasdaq's minimum bid price requirement after its Class A ordinary shares stayed above $1.00 per share for 12 consecutive business days. The company had previously received a notification from Nasdaq in June due to its shares' low price. Cheche is a leading auto insurance technology platform in China, offering a full suite of services and products for digital insurance transactions and insurance SaaS solutions.

Cheche Group Inc. (NASDAQ: CCG), a leading auto insurance technology platform in China, has regained compliance with Nasdaq's minimum bid price requirement after its Class A ordinary shares stayed above $1.00 per share for 12 consecutive business days. The company had previously received a notification from Nasdaq in June due to its shares' low price, which was below the required minimum bid price of $1.00 for 31 consecutive business days.

According to a press release dated September 18, 2025, Cheche Group received a compliance notice from the Nasdaq Listing Qualifications Department, indicating that the company has met the minimum bid price requirement. The closing bid price of Cheche's Class A ordinary shares has been at $1.00 per share or greater for 12 consecutive business days from September 2, 2025, to September 18, 2025, thus regaining compliance with the Nasdaq Listing Rule 5550(a)(2) Cheche Group Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement^[1].

Cheche Group, established in 2014 and headquartered in Beijing, 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 addition to regaining compliance with Nasdaq's listing rules, Cheche Group has also expanded its strategic partnership with Volkswagen (Anhui) Automotive Company Limited. The partnership, announced on September 17, 2025, involves providing comprehensive risk management services for Volkswagen Anhui's upcoming ID.EVO model, covering the full spectrum ranging from underwriting to digital claims management Cheche Group Expands Partnership with Volkswagen Anhui, Delivering End-to-End Risk Management for New Energy Vehicles^[2].

This partnership reinforces Cheche's position as a key enabler of digital insurance innovation in China's rapidly growing new energy vehicle (NEV) sector. The ID.EVO is Volkswagen's first fully connected, full-size pure electric SUV concept, symbolizing the brand's ongoing evolution in the electric mobility space. As a trusted partner, Cheche will support Volkswagen's transformation strategy in China and globally by offering scalable, intelligent insurance infrastructure Cheche Group Expands Partnership With Volkswagen Anhui, Delivering End-To-End Risk Management For New Energy Vehicles^[3].

The company's ability to regain compliance with Nasdaq's listing rules and expand its strategic partnerships highlights its commitment to growth and innovation in the auto insurance technology sector.