On January 31, Car Technology (NASDAQ: CCG) released its unaudited performance report for the third quarter of 2023 as of September 30, 2023. According to the financial report, in the third quarter of 2023, Cheche Technology achieved a net income of 823 million yuan, a year-on-year increase of 10.5%; The net income in the first three quarters was 2.4 billion yuan, a year-on-year increase of 27.7%. The net loss for the third quarter was 55.4 million yuan, while the net loss for the first three quarters was 127.6 million yuan. The adjusted net loss for the first three quarters was 28.3 million yuan, a year-on-year decrease of 49.2%.
CheChe Technology is one of the earliest insurance technology companies to engage in digital insurance trading services. It was listed on NASDAQ in the United States in September 2023. As of the end of the third quarter of 2023, the company has established digital insurance strategic cooperation with 10 new energy vehicle companies, with a new energy vehicle premium scale of 399 million yuan in the third quarter. Zhang Lei, CEO of Car Technology, stated that he will continue to invest in optimizing and upgrading insurance solutions for car companies, in order to solve the insurance problems faced by car companies and users. With the rapid popularization of new energy vehicles, more intelligent pricing solutions are being developed.