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Stock impact report

Cheche Group Announces Latest Progress with BAIC Group's NEV Brand ARCFOX

Cheche Group Inc. (CCG) 
Company Research Source: PR Newswire
BEIJING, Aug. 19, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced an update on its partnership with ARCFOX, a new energy vehicle ("NEV") brand within the Beijing Automotive Group Co., Ltd. ("BAIC Group"), made possible by the previously announced agreement with Beijing Anpeng Insurance Broker Co., Ltd. ("Beijing Anpeng").Since entering into the partnership, Cheche has successfully launched a full-service insurance platform for ARCFOX that provides its car owners a comprehensive insurance application system. Cheche is also working with Beijing Anpeng to expand the current offerings by selling ancillary insurance products, such as guaranteed auto protection and extended warranty insurance, through the platform.  "Leveraging the consumer touchpoints made possible through the insurance platform will enable Cheche to provide a broad spectrum of solutions," said Lei Zhang, Founder, CEO, and Show less Read more
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