Cheche Group (CCG) Regains Nasdaq Compliance

Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated March 10, 2025, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement").

As previously announced, the Company received a notification letter dated November 15, 2024 (the "Notification Letter") from Nasdaq indicating that the closing bid price of the Company's Class A ordinary shares has been below the minimum bid price of US$1.00 required for continued listing under the Nasdaq Listing Rule 5550(a)(2) for a period of 30 consecutive business days. According to the Notification Letter, if at any time during the 180-day compliance period, the closing bid price of the Company's Class A ordinary shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. According to the Compliance Notice, the closing bid price of the Company's Class A ordinary shares has been at $1.00 per share or greater for 10 consecutive business days from February 24, 2025 to March 7, 2025. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.

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