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v3.26.1

Short-term and long-term borrowings | 12 Months Ended
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Dec. 31, 2025
Debt Disclosure [Abstract] |
Short-term and long-term borrowings | 10. Short-term and long-term borrowings The following table summarizes the Group’s outstanding short-term and long-term borrowings as of December 31, 2024 and 2025, respectively: Schedule of short-term and long-term borrowings
|  | December 31, 2024 |  |  | December 31, 2025 |
|  | RMB |  |  | RMB |
Short-term bank borrowing |  |  | 30,000 |  |  |  | 80,500 |
Long-term bank borrowing |  |  | - |  |  |  | 9,800 |
Bank borrowings |  |  | 30,000 |  |  |  | 90,300 |
| (1) | Bank borrowings
Schedule of Bank Borrowings
|  | Principal |  |  |  |  | Interest rate |  |  | December 31, |
|  | Maturity date |  | Amount |  |  | Per annum |  |  | 2024 |  |  | 2025 |
Industrial Bank (i) |  | May 30, 2025 |  |  | 5,000 |  |  |  | 3.10 | % |  |  | 5,000 |  |  |  | - |
Bank of Beijing (ii) |  | June 6, 2025 |  |  | 10,000 |  |  |  | 3.35 | % |  |  | 10,000 |  |  |  | - |
Bank of Beijing (ii) |  | December 26, 2025 |  |  | 10,000 |  |  |  | 2.80 | % |  |  | 10,000 |  |  |  | - |
China Minsheng Bank (iii) |  | December 11, 2025 |  |  | 5,000 |  |  |  | 2.80 | % |  |  | 5,000 |  |  |  | - |
China Minsheng Bank (iii) |  | January 14, 2026 |  |  | 9,900 |  |  |  | 2.80 | % |  |  | - |  |  |  | 9,900 |
China Minsheng Bank (iii) |  | November 3,2026 |  |  | 9,900 |  |  |  | 2.50 | % |  |  | - |  |  |  | 9,900 |
Bank of Beijing (iv) |  | June 5, 2026 |  |  | 10,000 |  |  |  | 2.80 | % |  |  | - |  |  |  | 10,000 |
Bank of Beijing (iv) |  | June 19, 2026 |  |  | 10,000 |  |  |  | 2.80 | % |  |  | - |  |  |  | 10,000 |
Industrial Bank (v) |  | May 29, 2026 |  |  | 5,000 |  |  |  | 2.80 | % |  |  | - |  |  |  | 5,000 |
Industrial and Commercial Bank of China (vi) |  | June 26, 2026 |  |  | 5,000 |  |  |  | 2.35 | % |  |  | - |  |  |  | 5,000 |
Industrial and Commercial Bank of China (vi) |  | June 26, 2026 |  |  | 5,000 |  |  |  | 2.35 | % |  |  | - |  |  |  | 5,000 |
Industrial and Commercial Bank of China (vii) |  | June 26, 2026 |  |  | 5,000 |  |  |  | 2.35 | % |  |  | - |  |  |  | 5,000 |
Bank of China (viii) |  | June 30, 2026 |  |  | 10,000 |  |  |  | 2.15 | % |  |  | - |  |  |  | 10,000 |
Bank of Shanghai (ix) |  | September 8, 2026 |  |  | 5,000 |  |  |  | 2.40 | % |  |  | - |  |  |  | 5,000 |
Bank of Shanghai (x) |  | August 28, 2026 |  |  | 5,000 |  |  |  | 2.40 | % |  |  | - |  |  |  | 5,000 |
China CITIC Bank (xi) |  | December 30, 2026 |  |  | 700 |  |  |  | 2.80 | % |  |  | - |  |  |  | 700 |
Bank of Beijing (xii) |  | May 8, 2027 |  |  | 4,800 |  |  |  | 2.60 | % |  |  | - |  |  |  | 4,800 |
Bank of Beijing (xii) |  | May 8, 2027 |  |  | 5,000 |  |  |  | 2.60 | % |  |  |  |  |  |  | 5,000 |
Total Bank borrowings |  |  |  |  |  |  |  |  |  |  |  |  | 30,000 |  |  |  | 90,300 |
(i) | On May 22, 2024, the Group entered into an RMB10.0 million credit facility with the Industrial Bank Co., Ltd. (“Industrial Bank”) that expired on May 21, 2025 to support its operations, which was guaranteed by Cheche Insurance. Under this credit facility, the Group drew down RMB5.0 million on May 31, 2024. The loans of RMB 5.0 million has been repaid on May 30, 2025.
10. Short-term and long-term borrowings (Continued)
(ii) | On June 20, 2024, Baodafang entered into an RMB 50.0 million (updated to RMB 20.0 million on December 25, 2024) credit facility with the Bank of Beijing that will expire on June 19, 2026 to support its operations, which was guaranteed by Beijing Cheche. Under this credit facility, on June 20, 2024, Baodafang entered into a supply chain financing agreement with the Bank of Beijing, whereby the Bank of Beijing would settle Baodafang’s accounts payable by providing RMB 10.0 million to Baodafang’s supplier, Beijing Cheche, after Beijing Cheche factored its corresponding accounts receivable due from Baodafang to the Bank of Beijing through a non-recourse factoring agreement. The interest and the principal has been repaid upon maturity on June 6, 2025. In addition, under this credit facility, the Group drew down RMB 10.0 million on December 27, 2024. The loans of RMB 10.0 million were repaid on June 17, 2025. There are no financial covenants for the credit facility.
(iii) | On November 6, 2024, the Group entered into an RMB30.0 million credit facility with the China Minsheng Bank that expired on November 5, 2025 to support its operations, which was jointly guaranteed by Cheche Insurance and Baodafang. Under this credit facility, the Group drew down RMB5.0 million on December 11, 2024.The loans of RMB 5.0 million has been repaid on October 31, 2025. In addition, under this credit facility, the Group drew down RMB9.9 million on January 14, 2025 and RMB9.9 million on November 3, 2025,respectiely. There are no financial covenants for the credit facility.
(iv) | On June 20, 2024, Baodafang entered into an RMB 50.0 million (updated to RMB 20.0 million on December 25, 2024) credit facility with the Bank of Beijing that will expire on June 19, 2026 to support its operations, which was guaranteed by Beijing Cheche. On June 10, 2025, Beijing Cheche entered into non-recourse factoring agreement with the Bank of Beijing, whereby the Bank of Beijing would settle Baodafang’s accounts payable by providing RMB 10.0 million to Baodafang’s supplier, Beijing Cheche. The interest was prepaid and the principal will be due upon maturity on June 5, 2026. In addition, under this credit facility, the Group drew down RMB 10.0 million on June 19, 2025. There are no financial covenants for the credit facility.
(v) | On May 30, 2025, the Group entered into a loan contract of RMB5.0 million with the Industrial Bank Co., Ltd. (“Industrial Bank”) that will expire on May 29, 2026 to support its operations, which was guaranteed by Cheche Insurance. There are no financial covenants for the loan.
(vi) | On October 14, 2025, the Group entered into a loan contract of RMB10.0 million with the Industrial and Commercial Bank of China that will expire on June 26, 2026 to support its operations, which was guaranteed by Baodafang and Cheche Insurance. There are no financial covenants for the credit facility.
(vii) | On June 27, 2025, the Group entered into a loan contract of RMB5.0 million with the Industrial and Commercial Bank of China that will expire on June 26, 2026 to support its operations, which was guaranteed by Beijing Cheche and Cheche Insurance. There are no financial covenants for the credit facility.
(viii) | On June 30, 2025, the Group entered into an RMB10.0 million credit facility with the Bank of China that will expire on June 28, 2026 to support its operations, which was guaranteed by Beijing Cheche. Under this credit facility, the Group drew down RMB10.0 million on June 30, 2025. There are no financial covenants for the credit facility.
(ix) | On December 8, 2025, the Group entered into an RMB5.0 million credit facility with the Bank of Shanghai that will expire on August 24, 2026 to support its operations, which was guaranteed by Cheche Insurance. Under this credit facility, the Group drew down RMB5.0 million on December 8, 2025. There are no financial covenants for the credit facility.
(x) | On November 28, 2025, the Group entered into an RMB5.0 million credit facility with the Bank of Shanghai that will expire on August 26, 2026 to support its operations, which was guaranteed by Cheche Insurance. Under this credit facility, The Group drew down RMB5.0 million on November 28, 2025. There are no financial covenants for the credit facility.
(xi) | On December 29, 2025, the Group entered into an RMB10.0 million credit facility with the China CITIC Bank that will expire on December 20, 2026 to support its operations, which was guaranteed by Beijing Cheche. Under this credit facility, The Group drew down RMB0.7 million on December 31, 2025. There are no financial covenants for the credit facility.
(xii) | On May 8, 2025, the Group entered into an RMB20.0 million credit facility with the Bank of Beijing that will expire on May 8, 2027 to support its operations, which was guaranteed by the deposit pledge of USD 3.0 million. Under this credit facility, the Group drew down RMB5.0 million on June 3, 2025, of which RMB0.2 million in principal was repaid on December 3, 2025. In addition, the Group drew down another RMB5.0 million on October 22, 2025. There are no financial covenants for the credit facility.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A Reference 2: http://www.xbrl.org/2003/role/disclosureRef 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