Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenue ...

NEW YORK, April 24, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, will announce its financial results for Fiscal Year 2023 on Monday, April 29th before the market opens. SunCar will host a conference call on Tuesday, April 30, at 5:00 PM ET (2:00 PM PT) with the investment community to discuss the Company's financial results and provide a business update.Investors may submit wr ...

NEW YORK, April 2, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive services and auto e-insurance in China, announced that it will offer exclusive airport concierge car services to the private banking clientele of China CITIC Bank International Limited ("CNCBI"). This three-year partnership will leverage SunCar's expertise in corporate travel services to help CNCBI's provide unmatched service quality and client satisf ...

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced a new business cooperation (the "Agreement") through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company ("Li Auto Insurance"). This partnership focuses on developing a state-of-the-art informa ...

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced an exclusive vehicle service contract with the Sichuan Branch of China Construction Bank, one of China's largest financial institutions. SunCar expects to derive cumulative revenue from the contract valued at approximately RMB 23.4 million, or USD 3.3 million. This ...

Core Insights - SunCar Technology Group Inc. has secured a two-year exclusive vehicle service contract with the Fujian Branch of China Construction Bank, expected to generate approximately RMB 25 million (USD 3.5 million) in cumulative revenue [1][2] Group 1: Contract Details - The contract positions SunCar as the exclusive provider of vehicle services for China Construction Bank's Fujian Branch, highlighting the company's trusted reputation in the automotive after-sales service industry [2] - SunCar operates an extensive network of 460 car wash locations across Fujian, enabling it to provide high-quality car wash services to tens of thousands of customers [2] Group 2: Strategic Expansion - The company aims to expand its service offerings to additional banks and regions, having already established or renewed agreements with several major banks, including China Minsheng Banking Corp., Bank of Communications, China CITIC Bank, and Agricultural Bank of China over the past year [2] Group 3: Company Overview - Founded in 2007, SunCar is a leader in digitalized automotive after-sales services and online auto insurance intermediation in China, the largest passenger vehicle market globally [4] - The company operates a multi-tenant, cloud-based platform that connects drivers with a variety of automotive services and insurance options, enhancing customer experience and service management [4]

As filed with the U.S. Securities and Exchange Commission on November 27, 2023. Registration No. 333-273286 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No.2 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SUNCAR TECHNOLOGY GROUP INC. (Exact name of Registrant as specified in its charter) Cayman Islands 6770 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial (I.R.S. Employer Identification No.) c ...

As filed with the U.S. Securities and Exchange Commission on November 17, 2023. Registration No. 333-273286 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No.1 to FORM F-1 c/o Shanghai Feiyou Trading Co., Ltd. Suite 209, No. 656 Lingshi Road Jing'an District, Shanghai, 200072 People's Republic of China Tel: (86) 138-1779-6110 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) Puglisi & Associates 850 Librar ...

As filed with the Securities and Exchange Commission on October 25, 2023. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SUNCAR TECHNOLOGY GROUP INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) c/o Shanghai Feiyou Trading Co., Ltd. Suite 209, No. 656 Lingshi Road Jing'an ...

As filed with the Securities and Exchange Commission on October 23, 2023. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SUNCAR TECHNOLOGY GROUP INC. (Exact name of Registrant as specified in its charter) Cayman Islands 6770 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) c/o Shanghai Feiyou Tradi ...