Accessibility StatementSkip Navigation NEW YORK, Oct. 20, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance and auto services, has signed an AI technology cooperation agreement with Volcano Engine, ByteDance's enterprise technology service platform, integrating ByteDance's Doubao Large Language Model ("LLM") into the Company's core services. This collaboration marks a critical milestone in the Company's AI-based, next-generat ...

Core Insights - SunCar Technology Group Inc. is a leader in the B2B automotive after-sales services and online insurance market in China, particularly for electric vehicles [2] - The company utilizes AI and blockchain technology to enhance vehicle services and customer experience [4] - SunCar has established partnerships with 20 electric vehicle companies, indicating a strong presence in the global EV market [4] Company Overview - Founded in 2007, SunCar operates online platforms that connect drivers with various automotive services and insurance options [2] - The company's cloud-based platform allows enterprise clients to manage customer databases and access a wide range of services from numerous providers [2] - Breaux Walker, the Chief Strategy Officer, has extensive experience in business development and corporate finance, particularly in technology and fintech sectors [3] Industry Trends - The global electric vehicle market is experiencing significant innovation, with companies like SunCar leading the way in integrating advanced technologies [4] - The current environment in China for electric vehicles is favorable, supporting the growth of companies like SunCar [4]

Group 1 - The article highlights the significant improvements in the village of Malou, driven by the efforts of Li Wenqing, the first secretary sent by Shandong Airlines Group, who has been working in the village for 535 days [1] - Shandong Airlines Group provided 500,000 yuan in special assistance funds, which were used for road construction, drainage systems, and solar street lights in Malou village [1] - Li Wenqing's initiatives focus on "talent return, industrial revitalization, educational support, and infrastructure enhancement" to promote rural revitalization [1] Group 2 - Li Wenqing identified safety hazards in the local primary school due to poor drainage and a dilapidated playground, prompting immediate action to secure funding for improvements [2] - The school’s access road was also in poor condition, leading to a swift construction project that resulted in a newly paved road for easier access [2] - The community expressed gratitude for the improvements, highlighting the positive impact on daily life for both students and parents [2] Group 3 - Li Wenqing encouraged young people to return to their hometowns for better opportunities, recognizing the potential of local agricultural resources [5] - He facilitated the establishment of a 50-acre smart seedling base by a local entrepreneur, which has created job opportunities for over 20 villagers [5] - The initiative reflects a broader strategy to revitalize the local economy through modern agricultural practices [5] Group 4 - Li Wenqing responded to community concerns about broken street lights by quickly organizing funding and installation of 161 solar street lights, enhancing safety and community engagement [6] - The successful installation led to a celebratory gathering in the village, showcasing the community's appreciation for the improvements [6] - Li Wenqing's integration into the village life demonstrates a commitment to fostering a supportive and engaged community environment [6]

Group 1 - The core viewpoint of the article highlights the financial performance of Shengda Technology (SDA), which saw a stock price increase of 4.29% to $2.43 per share, with a total market capitalization of $24.9 million as of August 25 [1] - As of March 31, 2025, Shengda Technology reported total revenue of $10.3 million, reflecting a year-on-year growth of 19.87%, while the net profit attributable to shareholders was a loss of $3.402 million, a decrease of 4.13% year-on-year [1] Group 2 - SunCar Technology Group Inc. is identified as a leading provider of digital automotive after-sales services and online auto insurance intermediary services in China [1] - According to a report by Frost & Sullivan, SunCar ranked first in revenue in the enterprise automotive after-sales service market for 2020 and 2021, and also ranked first in total premiums for NEV auto insurance in the online auto insurance intermediary sector [1] - The company offers a one-stop, fully digital, on-demand automotive service system, leveraging its leading positions in both sectors to help clients build their membership markets and serve their end customers [1]

Group 1 - The core viewpoint of the article highlights the financial performance and market position of Shengda Technology (SDA) and SunCar Technology Group Inc. [1] - Shengda Technology's stock price increased by 5.24% to $2.41 per share, with a total market capitalization of $24.7 million as of August 22 [1] - As of March 31, 2025, Shengda Technology reported total revenue of $10.3 million, representing a year-on-year growth of 19.87%, while the net profit attributable to shareholders was a loss of $3.4 million, a decrease of 4.13% year-on-year [1] Group 2 - SunCar Technology Group Inc. is recognized as a leading provider of digital automotive after-sales services and online auto insurance intermediary services in China [1] - According to a report by Frost & Sullivan, SunCar ranked first in revenue in the automotive after-sales service market for 2020 and 2021, and also ranked first in total premiums for NEV auto insurance in the online auto insurance intermediary sector [1] - The company offers a comprehensive, fully digital, on-demand automotive service system, leveraging its leading positions in both sectors to assist clients in building their membership markets and serving end customers [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Shengda Technology (SDA), which saw a stock price increase of 2.18% to $2.34 per share, with a total market capitalization of $240 million as of August 22 [1] - As of March 31, 2025, Shengda Technology reported total revenue of $10.3 million, reflecting a year-on-year growth of 19.87%, while the net profit attributable to shareholders was a loss of $3.402 million, a decrease of 4.13% year-on-year [1] Group 2 - SunCar Technology Group Inc. is identified as a leading provider of digital automotive after-sales services and online auto insurance intermediary services in China [1] - According to a report by Frost & Sullivan, SunCar ranked first in revenue in the enterprise automotive after-sales service market for 2020 and 2021, and also ranked first in total premiums for NEV auto insurance in the online auto insurance intermediary sector [1] - The company offers a one-stop, fully digital, on-demand automotive service system, leveraging its leading positions in both sectors to help clients build their membership markets and serve their end customers [1]

本文源自：金融界 作者：行情君 财务数据显示，截至2025年03月31日，盛大科技收入总额1.03亿美元，同比增长19.87%；归母净利 润-340.2万美元，同比减少4.13%。 资料显示，SunCar Technology Group Inc.是中国领先的数字化企业汽车售后服务和在线车险中介服务提 供商。根据Frost & Sullivan的报告,2020年和2021年,就收入而言,它在企业汽车售后服务市场排名第一,就 NEV汽车保险的保费总额而言,它在在线汽车保险中介中排名第一。凭借其在这两个领域的领先地位以 及它们之间的协同作用,它提供一站式、全数字化、按需汽车服务系统,以帮助客户建立其会员市场并为 其最终客户服务。 8月19日，盛大科技(SDA)开盘上涨3.88%，截至21:30，报2.41美元/股，成交1.55万美元，总市值2.47亿 美元。 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Shengda Technology (SDA), noting a stock price increase of 2.63% to $2.34 per share, with a total market capitalization of $240 million [1] - As of March 31, 2025, Shengda Technology reported total revenue of $10.3 million, reflecting a year-on-year growth of 19.87%, while the net profit attributable to shareholders was a loss of $3.402 million, a decrease of 4.13% year-on-year [1] Group 2 - SunCar Technology Group Inc. is identified as a leading provider of digital automotive after-sales services and online auto insurance intermediary services in China [1] - According to a report by Frost & Sullivan, SunCar ranked first in the automotive after-sales service market by revenue in 2020 and 2021, and also ranked first in total premiums for NEV auto insurance in the online auto insurance intermediary sector [1] - The company offers a comprehensive, fully digital, on-demand automotive service system, leveraging its leading positions in both sectors to assist clients in building their membership markets and serving their end customers [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Shengda Technology (SDA), which saw a stock price increase of 2.69% to $2.29 per share, with a total market capitalization of $23.5 million as of August 13 [1] - As of March 31, 2025, Shengda Technology reported total revenue of $10.3 million, reflecting a year-on-year growth of 19.87%, while the net profit attributable to shareholders was a loss of $3.4 million, a decrease of 4.13% year-on-year [1] Group 2 - SunCar Technology Group Inc. is identified as a leading provider of digital automotive after-sales services and online auto insurance intermediary services in China [1] - According to a report by Frost & Sullivan, SunCar ranked first in the automotive after-sales service market in terms of revenue for 2020 and 2021, and also ranked first in total premiums for NEV auto insurance in the online auto insurance intermediary sector [1] - The company offers a comprehensive, fully digital, on-demand automotive service system, leveraging its leading positions in both sectors to assist clients in building their membership markets and serving their end customers [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Shengda Technology (SDA), which saw a stock price increase of 2.73% to $2.26 per share, with a total market capitalization of $23.2 million [1] - As of March 31, 2025, Shengda Technology reported total revenue of $10.3 million, representing a year-on-year growth of 19.87%, while the net profit attributable to shareholders was a loss of $3.402 million, a decrease of 4.13% year-on-year [1] Group 2 - SunCar Technology Group Inc. is identified as a leading provider of digital automotive after-sales services and online auto insurance intermediary services in China [1] - According to a report by Frost & Sullivan, SunCar ranked first in the automotive after-sales service market by revenue in 2020 and 2021, and also ranked first in total premiums for NEV auto insurance in the online auto insurance intermediary sector [1] - The company offers a comprehensive, fully digital, on-demand automotive service system, leveraging its leading positions in both sectors to assist clients in building their membership markets and serving their end customers [1]