Cheche Group Inc. recently held its Q4 2025 Earnings Call, where they highlighted several key achievements and strategic initiatives for the upcoming year. The company reported its first full-year adjusted net profitability, signaling a shift towards becoming an AI-powered intelligent insurance ecosystem from a transactional platform.
One of the significant structural shifts noted was the growth of New Energy Vehicle (NEV) premiums, which accounted for 23% of the total mix, up from 13% in the previous year. Despite revenue headwinds caused by lower service fee rates on NEV policies, Cheche Group Inc. managed to leverage AI tools to capture higher take rates and command premium pricing.
Moreover, the company reduced total operating expenses by over 19% year-over-year while increasing total policies by 3 million. This was achieved through disciplined cost management practices. Additionally, Cheche Group Inc. deployed AI-driven anti-fraud and risk control models to help insurers identify fraud early and price risk more precisely, particularly in the renewal market.
In terms of strategic partnerships, Cheche Group Inc. transitioned its OEM strategy from acquiring new partners to deepening relationships with existing ones, including 16 manufacturers such as Volkswagen and Huawei. The company also utilized Large Language Models (LLMs) to accelerate product development cycles and expand capabilities without proportional increases in headcount.
Looking ahead to 2026, Cheche Group Inc. anticipates net revenues between RMB 3.0 billion and RMB 3.2 billion, with adjusted net income expected to multiply several fold compared to 2025. NEV written premiums are projected to reach a range of RMB 10.5 billion to RMB 12.0 billion, representing significant year-over-year growth.
Furthermore, the company plans to transition the industry from static pricing to dynamic risk management by integrating driving behavior data across the full auto insurance value chain. This move aims to scale car owner engagement through AI agents to provide real-time, cost-efficient renewal outreach compared to traditional methods.
In terms of international expansion, Cheche Group Inc. will focus on supporting Chinese automakers in regions like Asia Pacific, Latin America, and the Middle East as they export over 8 million vehicles annually. The company reported a swing of more than RMB 35 million in adjusted net income, moving from a loss in the prior year to a profit of RMB 11.6 million.
These achievements underscore Cheche Group Inc.’s commitment to innovation, strategic partnerships, and leveraging AI technologies to drive growth and profitability in the evolving insurance landscape.
