Company Overview - TuanChe Limited, founded in 2010, is a leading automotive marketplace platform in China, connecting automotive consumers with manufacturers, dealers, and service providers [2] - The company integrates digital platforms with offline sales events to offer comprehensive automotive marketing and transaction services [2] - TuanChe transforms individual car purchases into large-scale group buying experiences through an interactive many-to-many model [2] Recent Developments - Effective on or around February 28, 2025, TuanChe Limited will change its name to "Token Cat Limited" while its ADSs will continue trading on the Nasdaq Capital Market under the symbol "TC" [1] - The CUSIP number will remain unchanged following the name change [1] Strategic Initiatives - TuanChe is exploring ways to enter the cryptocurrency sector, indicating a potential shift in business strategy [2] - The company leverages proprietary data analytics and advanced digital marketing systems to enhance the efficiency and effectiveness of advertising placements for industry customers [2]
TuanChe Limited Announces Planned Name Change to Token Cat Limited