Cheche group has regained compliance with nasdaq's minimum bid price requirement

Beijing , march 11, 2025 /prnewswire/ -- 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.
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