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Cheche revenue falls 34.4% as 2026 restructuring lifts gross margin

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  • Cheche reported first-half 2026 results while restructuring its business portfolio toward higher-margin segments.
  • Net revenue fell 34.4% to RMB885.0 million, while gross margin rose to 6.5%.
  • Cheche reduced full-year revenue and NEV written-premium guidance and forecast adjusted net loss.
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