Business
Cheche Group Announces Partnership with NEV Company JI YUE
BEIJING, Sept. 3, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today
About this update from Cheche Group Inc.
[{"type":"text","content":"BEIJING, Sept. 3, 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 partnership with Shanghai Jidu Automobile Company Limited (\"JI YUE\"), as Cheche further diversifies its partner network with leaders in the new energy vehicle (\"NEV\") industry.\n\nJI YUE, a joint venture between Chinese tech giant Baidu and car manufacturer Geely, is focused on the development of autonomous NEVs and related AI technology. It intends to become the first company providing an interactive experience with AI in vehicle production.\nCheche successfully launched a customized system for JI YUE, creating channels for purchasing auto and non-auto insurance products both online and offline. The system is integrated into Cheche's core platform and is equipped with resources to grow and strengthen JI YUE's sales channels and enhance account settlement capabilities, among other functionalities.\n\"We are thrilled to announce our latest partnership with JI YUE,\" said Lei Zhang, Founder, CEO, and Chairman of Cheche. \"This opportunity expands our presence in the NEV sector and strengthens our leadership position among intelligent insurance platforms in China.\"\n\"Not only are we providing JI YUE car owners with a one-stop insurance services platform, but we also intend to capitalize on JI YUE's highly regarded innovations in intelligent driving, by collaborating on future autonomous driving insurance projects with them.\"\nThis collaboration creates efficiencies for JI YUE, while also enhancing its service capabilities for consumers.\nSafe Harbor Statements\nThis 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,...