On September 14, 2023, a leading automobile insurance technology platform in China, Cheche Technology Inc., completed its merger with formerly NYSE-listed SPAC (special purpose acquisition company) — Prime Impact Acquisition I. On September 18, 2023, Cheche Technology went listed on NASDAQ via a de-SPAC merger, with the company built upon the merger, Cheche Group Inc., serving as the listed entity, whose ticker symbol and warrant code are CCG and CCGWW, respectively. The listing of Cheche Technology in the U.S. was the first overseas listing in VIE-structure that completed the CSRC filing procedures according to the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies.

Jingtian & Gongcheng’s legal team provided all-round legal services for this private investment in public equity (PIPE) deal as the legal adviser to the investor, World Dynamic.