Business
Cheche Group Reports Second Half and Full Year 2025 Unaudited Financial Results
BEIJING, April 2, 2026 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche," "the Company" or "we"), China's leading auto insurance technology platform,
About this update from Cheche Group Inc.
BEIJING, April 2, 2026 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche," "the Company" or "we"), China's leading auto insurance technology platform, today announced its unaudited financial results for the second half and full year ended December 31, 2025. Key Business HighlightsPartnerships with New Energy Vehicle (NEV) companies(1) reached 16 in the second half 2025 and led to 1.2 million policies with corresponding written premium of RMB3.7 billion (US$532.0 million), representing an increase of 61.8% and 63.9%, respectively, compared to the prior-year period. Embedded policies and corresponding written premium for the full year 2025 reached 2.0 million and RMB6.3 billion (US$902.1 million), representing growth of 85.3% and 91.0%, respectively, compared to the prior year.Gross profit for the second half 2025 increased 0.5% to RMB94.6 million (US$13.5 million) compared to the prior-year period, while gross profit for the full year 2025 increased 1.0% to RMB160.4 million (US$22.9 million). The improved business structure, mainly evidenced by the proportion of NEV premium out of total written premium increasing to 24.1% and 23.4% for the second half 2025 and full year 2025, respectively, from 17.2% and 13.6% for the prior-year period, led to a higher gross margin.Operating income for the second half 2025 was RMB6.1 million (US$0.9 million), compared to operating loss of RMB9.3 million in the prior-year period. Operating loss for the full year 2025 decreased by 68.6% to RMB20.9 million (US$3.0 million), compared to the prior year.Adjusted operating income(2) for the second half 2025 was RMB18.5 million (US$2.6 million), compared to adjusted operating loss of RMB1.5 million for the prior-year period. Adjusted operating income for the full year 2025 was RMB5.6 million (US$0.8 million), compared to adjusted operating loss of RMB28.2 million for the prior year.Net income was RMB7.8 million (US$1.1 million) for the second half 2025, compared to net loss of RMB6.4 million in the prior-year period. Net loss for the full year 2025 was RMB17.8 million (US$2.5 million), compared to net loss of RMB61.2 million in the prior year.Adjusted net income(2) for the second half 2025 was RMB22.2 million (US$3.2 million), compared to adjusted net loss RMB0.3 million in the prior-year period. Adjusted net income for the full year 2025 was RMB11.6 million (US$1.7 million...