Slide 1: Cheche Group First Half Year 2025 Earnings Presentation
CHECHE GROUP First Half Year 2025 Earnings Presentation Technology Enables Better Lives
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation 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,” “projec
Slide 3: Digital Transformation of Auto Insurance
Digital Transformation of Auto Insurance Intelligent Driving Intelligent Claims Insurance SaaS Systems Processing Insurance product End-to-end underwriting AI-driven intelligent innovation and claims solutions claims service CHECHE GROUP’S RISK MANAGEMENT EXPERTISE IN THE ERA OF INTELLIGENT DRIVING
Slide 4: Cheche at a Glance
CHECHE AT GLANCE LARGEST NATIONWIDE >55 Million Independent technology 101 branches in 25 provinces, Vehicles Quoted4 platform for auto insurance autonomous regions, and services transactions1 & NEV municipalities embedded solutions provider2 >$11 Billion ~100 ~1.4 Million Cumulative written premium
Slide 5: Cheche's Ecosystem
CHECHE’S ECOSYSTEM EV Makers NEV Insurance Solution Insurance Carriers New Policy Renewal Claims & Value-added API Docks Repair Services Claim Docks New Car Used Car Maintenance Repair Sales Sales Policy Management Auto Dealers Repair Stores Channel Management SaaS System for Auto Dealers and Repair
Slide 6: Transforming NEV Insurance
TRANSFORMING NEV INSURANCE BUILT ON DIGITALIZATION POWERED BY AI INNOVATION Data Multi- Integration Insurer Pool SaaS System Online Quotes Traditional Auto Management & Underwriting Insurance Intelligent Claims Embedded Intelligent Inspection Driving Behavior Interface Applications of Large AI Opera
Slide 7: Robust Growth of Global NEV Industry
ROBUST GROWTH OF GLOBAL NEV INDUSTRY In first half of 2025, global NEV sales reached 9.1 million units, with China contributing about 6.9 million units, representing a significant 75% share, and NEV penetration rate in new car sales in China has reached 44%. 2024NEV 2025H1 中国新能源汽车 Penetration Rate C
Slide 8: NEV Insurance, New Growth Engine in Auto Insurance Market
NEV INSURANCE, NEW GROWTH ENGINE IN AUTO INSURANCE MARKET The rapid growth in the scale of the NEV market has driven a swift increase in demand for NEV insurance. In the first half of 2025, auto insurance premiums amounted to RMB 450 billion, representing 4.5% growth, while NEV insurance premiums su
Slide 9: Leading Intelligent NEV Insurance Platform in China
LEADING INTELLIGENT NEV INSURANCE PLATFORM IN CHINA 15 Partnerships with Top NEV Companies SaaS System Quotes & Claims Ecosystem Compliance Platform Development Digitized Operation Management INTELLIGENT NEV INSURANCE PLATFORM Product Design AI Modelling Liability Risk Management Product Rate Settin
Slide 10: Cheche Critical Milestones
CHECHE CRITICAL MILESTONES New NEV Partnerships • Leading provider of NEV embedded solutions in the industry. • Cheche continues to capture market share with 15 partnerships as of June 30, 2025. • During the first half year, NEV partnerships led to 810,000 policies with corresponding written premium
Slide 11: 2025H1 Business Growth
2025H1 BUSINESS GROWTH Policy Transaction Volume Premium Transaction Scale (policies in millions) (RMB in billions) 3.8% 4.0% 11
Slide 12: 2025H1 Financial Summary
2025H1 FINANCIAL SUMMARY Six Months Ended June 30, 2024 2025 2025 RMB RMB USD (in millions) Net Revenues 1,639.0 1,348.7 188.3 Gross Profit 64.7 65.8 9.2 Total Operating Expenses1 (121.9) (92.8) (13.0) Net Loss (54.9) (25.6) (3.6) Adjusted Net Loss2 (24.4) (10.5) (1.5) Total Comprehensive Net Loss (
Slide 13: 2025 Outlook
2025 OUTLOOK Net Revenues Range from RMB3.0 billion to RMB3.3 billion Total Written Premiums Placed Range from RMB25.5 billion to RMB27.0 billion NEV Written Premiums Placed Range from RMB7.0 billion to RMB8.0 billion Adjusted Operating Results Shift from loss to profit. 13
Slide 14: Strategic Growth Pillars
STRATEGIC GROWTH PILLARS Investing in technology Deepening relationships with partners Expanding into new verticals Broadening SaaS offerings AI-Driven Intelligent Insurance Tool Driving Fintech platform traffic Solution for Automakers Abroad 14 14 14
Slide 15: Appendix
APPENDIX Be * Folk
Slide 16: Unaudited Condensed Consolidated Balance Sheets
Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands, except for share and per share data) December 31, June 30, June 30, December 31, June 30, June 30, 2024 2025 2025 2024 2025 2025 RMB RMB USD RMB RMB USD ASSETS Current assets: Non-current liabilities: Cash and cash equivalent
Slide 17: Unaudited Condensed Consolidated Statements of Operations
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss (All amounts in thousands, except for share and per share amounts) For the Six Months Ended June 30, June 30, June 30, 2024 2025 2025 RMB RMB USD Net revenues 1,638,986 1,348,652 188,265 Cost and Operating expenses: Cos
Slide 18: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Cheche has provided non-GAAP financial measures in this presentation that have not been prepared in accordance with generally accepted accounting principles (GAAP) in the United States. Cheche uses adjusted selling and marketing expenses, adjusted general and administrati
Slide 19: Reconciliation of GAAP Operating Expenses to Non-GAAP
Reconciliation of GAAP Operating Expenses to Non-GAAP Operating Expenses (Unaudited) (All amounts in thousands) For the Six Months Ended June 30, June 30, June 30, 2024 2025 2025 RMB RMB USD Selling and marketing expenses (41,661) (37,250) (5,200) Add: Share-based compensation expenses 3,632 1,851 2
Slide 20: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures (Unaudited) (All amounts in thousands, except for share data and per share data) For the Six Months Ended June 30, June 30, June 30, 2024 2025 2025 RMB RMB USD Net loss (54,872) (25,568) (3,568) Add: Share-based compensation expenses 27,117 13,040 1,820 Am
Slide 21: Thank You
THANK YOU Technology Enables Better Lives NASDAQ : CCG