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TuanChe Limited Announces Planned Name Change to Token Cat Limited

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TuanChe (NASDAQ: TC), a leading automotive marketplace platform in China, has announced its planned name change to Token Cat . The change will become effective on or around February 28, 2025. The company's American Depositary Shares (ADSs) will maintain their current trading symbol 'TC' on the Nasdaq Capital Market, and the CUSIP number will remain unchanged.

TuanChe (NASDAQ: TC), una delle principali piattaforme di marketplace automobilistico in Cina, ha annunciato il suo previsto cambio di nome in Token Cat . Il cambiamento diventerà effettivo intorno al 28 febbraio 2025. Le American Depositary Shares (ADS) dell'azienda manterranno il loro attuale simbolo di trading 'TC' sul Nasdaq Capital Market, e il numero CUSIP rimarrà invariato.

TuanChe (NASDAQ: TC), una de las principales plataformas de mercado automotriz en China, ha anunciado su cambio de nombre planeado a Token Cat . El cambio se hará efectivo alrededor del 28 de febrero de 2025. Las American Depositary Shares (ADS) de la empresa mantendrán su símbolo de negociación actual 'TC' en el Nasdaq Capital Market, y el número CUSIP permanecerá sin cambios.

TuanChe (NASDAQ: TC), 중국의 주요 자동차 마켓플레이스 플랫폼이 Token Cat 으로의 이름 변경을 발표했습니다. 이 변경은 2025년 2월 28일경에 시행될 예정입니다. 회사의 미국 예탁주식(ADS)은 나스닥 자본 시장에서 현재의 거래 기호 'TC'를 유지하며, CUSIP 번호는 변경되지 않습니다.

TuanChe (NASDAQ: TC), une plateforme de marché automobile leader en Chine, a annoncé son changement de nom prévu en Token Cat . Ce changement prendra effet aux alentours du 28 février 2025. Les American Depositary Shares (ADS) de l'entreprise conserveront leur symbole de négociation actuel 'TC' sur le Nasdaq Capital Market, et le numéro CUSIP restera inchangé.

TuanChe (NASDAQ: TC), eine führende Automobilmarktplatzplattform in China, hat die geplante Namensänderung zu Token Cat bekannt gegeben. Die Änderung wird voraussichtlich am 28. Februar 2025 wirksam. Die American Depositary Shares (ADS) des Unternehmens werden ihr aktuelles Handelssymbol 'TC' am Nasdaq Capital Market beibehalten, und die CUSIP-Nummer bleibt unverändert.

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BEIJING, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- TuanChe Limited ("TuanChe," "Company," "we," or "our") (NASDAQ: TC), a leading automotive marketplace platform in China, is pleased to announce that effective on or around February 28, 2025, the Company will change its name to “Token Cat Limited.” The Company’s ADSs will continue trading on the Nasdaq Capital Market under the trading symbol “TC”, and the CUSIP number shall remain unchanged.

About TuanChe Limited

Founded in 2010, TuanChe Limited (NASDAQ: TC), is China's leading automotive marketplace platform. TuanChe is dedicated to connecting automotive consumers with manufacturers, dealers, and service providers. By integrating its digital platforms with offline sales events, TuanChe offers comprehensive automotive marketing and transaction services. Through its integrated marketing strategies, TuanChe transforms individual and independent car purchases into large-scale group buying experiences, using an interactive many-to-many model. Furthermore, leveraging its proprietary data analytics and advanced digital marketing system, TuanChe's online marketing service platform helps industry customers increase the efficiency and effectiveness of their advertising placements. TuanChe is currently exploring ways to enter into the cryptocurrency sector.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development, business outlook, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For investor and media inquiries, please contact:

TuanChe Limited
Investor Relations
Tel: +86 (10) 6397-6232
Email: ir@tuanche.com

Piacente Financial Communications
Brandi Piacente
Tel: +1 (212) 481-2050
Email: tuanche@tpg-ir.com

SOURCE TuanChe Limited


FAQ

When will TuanChe (TC) change its name to Token Cat ?

TuanChe will change its name to Token Cat effective on or around February 28, 2025.

Will TuanChe's stock symbol TC change after the company name change?

No, TuanChe's ADSs will continue trading on the Nasdaq Capital Market under the same trading symbol 'TC' after the name change.

Will TuanChe's CUSIP number change with the name change to Token Cat ?

No, the CUSIP number will remain unchanged despite the company's name change to Token Cat

What is TuanChe's (TC) business before the name change to Token Cat ?

TuanChe operates as a leading automotive marketplace platform in China.

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