Cheche Group Inc. Announces Unaudited Financial Results for Second Half and Full Year 2025

Cheche Group Inc. reported its unaudited financial results for the second half and full year ended December 31, 2025. The company saw significant growth in policies and written premium, particularly in the New Energy Vehicle (NEV) sector, with a 61.8% increase in policies and a 63.9% increase in written premium for the second half of 2025 compared to the prior year. Gross profit increased by 0.5% in the second half and 1.0% for the full year, driven by a higher proportion of NEV premiums leading to improved gross margins. Operating income turned positive in the second half of 2025, and operating loss for the full year decreased by 68.6%. Adjusted operating income and adjusted net income also showed significant improvements, turning positive for both periods. Total written premiums increased by 16.9% in the second half and 11.0% for the full year. The company also highlighted strategic partnerships, technological advancements like the Tianmu Insurance Anti-Fraud and Risk Control Model, and international expansion plans. For the full year 2026, Cheche expects net revenues between RMB3.0 billion and RMB3.2 billion, with NEV written premiums projected to increase significantly.