BEIJING, Feb. 24,
2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ:
CCG) ("Cheche" or the "Company"), China's leading auto insurance technology
platform, today announced that its innovative Tianmu Insurance
Anti-Fraud and Risk Control Model has been recognized
in the prestigious Top 100 AI Products of 2024 list, released by
Internet Weekly in collaboration with eNET Research Institute and
Deben Consulting.
This accolade highlights Cheche's commitment to leveraging
cutting-edge technology in the insurance industry. The
award-winning Tianmu Model integrates advanced technologies such as
big data, artificial intelligence, and biometrics to construct an
intelligent anti-fraud and risk control system. By
utilizing sophisticated data and image recognition methods, the
model significantly enhances the ability to identify and prevent
insurance fraud risks.
"Being named among the Top 100 AI Products of 2024 is a
significant achievement for us," said Mr. Lei Zhang, Founder, CEO,
and Chairman of Cheche. "Our Tianmu Insurance
Anti-Fraud and Risk Control Model exemplifies our
dedication to revolutionizing the Insurtech landscape. We are
focused on driving digital and intelligent innovation that empowers
the insurance industry in China to
achieve unprecedented levels of efficiency and effectiveness."
The Tianmu Model employs an AI-based image recognition system
that conducts deep analysis of extensive image datasets, evaluating
the validity, authenticity, and uniqueness of images. This
capability not only mitigates fraudulent risks such as duplicate
claims but also adapts to regional market characteristics,
tailoring risk management solutions for local insurers.
In practice, the Tianmu Insurance Anti-Fraud and
Risk Control Model can accurately identify potential insurance
fraud risks, providing robust support for risk
reduction to both automakers and insurers. This functionality helps
lower operational risks within the insurance industry while
contributes to enhancing overall competitiveness.
"As Cheche continues its mission to lead in Insurtech
innovation, this recognition reinforces our position as a key
player in transforming the insurance landscape through advanced
technology," said Mr. Lei Zhang.
Safe Harbor Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements also include, but are not limited to,
statements regarding existing and new partnerships and customer
relationships, projections, estimation, and forecasts of revenue
and other financial and performance metrics, projections of market
opportunity and expectations, the Company's ability to scale and
grow its business, the Company's advantages and expected growth,
and its ability to source and retain talent, as applicable. These
statements are based on various assumptions, whether or not
identified in this press release, and on the current expectations
of the Company's management and are not predictions of actual
performance. These statements involve risks, uncertainties, and
other factors that may cause the Company's actual results, levels
of activity, performance, or achievements to materially differ from
those expressed or implied by these forward-looking statements.
Further information regarding these and other risks, uncertainties,
or factors is included in the Company's filings with the U.S.
Securities and Exchange Commission. Although the Company believes
that it has a reasonable basis for each forward-looking statement
contained in this press release, the Company cautions you that
these statements are based on a combination of facts and factors
currently known and projections of the future, which are inherently
uncertain. The forward-looking statements in this press release
represent the views of the Company as of the date of this press
release. Subsequent events and developments may cause those views
to change. Except as may be required by law, the Company does not
undertake any duty to update these forward-looking statements.
About Cheche Group Inc.
Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto
insurance technology platform with a nationwide network of around
108 branches licensed to distribute insurance policies across 25
provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in
auto insurance transaction services, Cheche has evolved into a
comprehensive, data-driven technology platform that offers a full
suite of services and products for digital insurance transactions
and insurance SaaS solutions in China. Learn more at
https://www.chechegroup.com/en.
About Internet Weekly
Internet Weekly, founded in 1998 and supervised by the
Chinese Academy of Sciences, is one of the most successful
mainstream business magazines in China's internet and IT industries. With its
in-depth reporting and professional analysis, it provides business
leaders and entrepreneurs with cutting-edge development trends and
technological innovations. Learn more
at http://51www.ciweek.com/.
Cheche Group Inc.:
IR@chechegroup.com
Crocker Coulson
crocker.coulson@aummedia.org
(646) 652-7185
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SOURCE Cheche Group Inc.
