CHECHE

On November 27, the '2020 Guangdong InsuranceDevelopment Forum' was held by Guangdong Insurance Industry Association under the guidance of Guangdong Banking and Insurance Regulatory Commission.The theme of this forum was 'Convergence ofthe trend of science and technology to drive the future of insurance' for attendees to share the technology achievements in insurance.There were interesting discussions on how to integrate traditional insurance and innovative technologyto promote the high-quality development of the insurance industry.

Pei Guang, Party Secretaryand Director of Guangdong Banking and Insurance Regulatory Commission., attended the forum and delivered a speech. Additionally, Su Shaolin, Party Secretary and Director of Guangdong Communications Administration, Ren Huichuan, senior consultant of Strategic development division of Tencent Group, Zhong Cheng, Co-CEO ofQFund, Zhang Lei, CEO of Cheche Technology and others finance and technology expertshave attended and delivered keynote speeches.

Zhang Lei, CEO of Cheche Technology, pointed out the new changes facing the auto insurance industry at the forum under the theme of 'Enabling Technology to facilitate auto insurance industry development'.As premiums decline andloss ratios climb creating great pressure in the auto industry under the comprehensive auto insurance reform, technology will play an increasingly vital role in the transformation of the entire insurance industry and provide ample customer values.