TuanChe Limited Announces Appointment of Acting Chief Financial Officer

BEIJING,Feb. 18,2023 -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC),a leading integrated automotive marketplace inChina,today announced that the board of directors of the Company has appointed Mr. Wei Wen,the Chief Executive Officer of the Company,as the acting chief financial officer of the Company,effective on February 17,2023,while the Company continues its active search for the right candidate to join the Company as chief financial officer.

About TuanChe

Founded in 2010,TuanChe Limited (NASDAQ:TC) is a leading integrated automotive marketplace inChina. TuanChe offers services to connect automotive consumers with various industry players such as automakers,dealers and other automotive service providers. TuanChe provides automotive marketing and transaction related services by integrating its online platforms with offline sales events. Through its integrated marketing solutions,TuanChe turns individual and isolated automobile purchase transactions into large-scale collective purchase activities by creating an interactive many-to-many environment. 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.

For more information,please contactir@tuanche.com.

For investor and media inquiries,please contact:

TuanChe Limited

Investor Relations

Tel: +86 (10) 6397-6232

Email: ir@tuanche.com

The Piacente Group,Inc.

Brandi Piacente

Tel: +1 (212) 481-2050

Email: tuanche@tpg-ir.com

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