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SunCar Technology Group Inc., through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business. The Insurance Intermediation Business segment provides traditional auto insurance renewal services and new energy vehicles insurance services. The Automotive After-Sales Business provides after-sales services to banking, insurance companies, and other customer types. The Technology Business segment provides auto insurance SaaS products and other technical services. SunCar Technology Group Inc. was founded in 2007 and is based in Shanghai, China.

SunCar Technology Group Inc.

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NEW YORK, OCT. 27, 2025 (GLOBE NEWSWIRE) -- SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), A LEADER IN DIGITALIZING AUTO INSURANCE AND AUTO SERVICES, TODAY ANNOUNCED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2025.

SUNCAR ANNOUNCES FIRST HALF 2025 FINANCIAL RESULTS

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-GENERATION DIGITALIZATION STRATEGY.

SUNCAR'S COLLABORATION WITH TIKTOK PARENT, BYTEDANCE, BRINGS POWERFUL AI TECHNOLOGY TO CHINA'S AUTO INSURANCE AND AUTO SERVICES MARKETS

NEW YORK--(BUSINESS WIRE)--SUNCAR TECHNOLOGY GROUP, (THE COMPANY OR SUNCAR), (NASDAQ: SDA), A LEADER IN DIGITALIZING AUTO INSURANCE AND AUTO SERVICES, TODAY ANNOUNCED THAT ITS BOARD OF DIRECTORS HAS AUTHORIZED THE COMPANY TO INVEST UP TO $10 MILLION IN SELECT MAJOR CRYPTOCURRENCIES THAT ARE EXPECTED TO BENEFIT FROM THE RAPID GROWTH OF RWA TOKENIZATION. ACCORDING TO A REPORT RELEASED IN APRIL 2025 BY RIPPLE AND BOSTON CONSULTING GROUP, THE RWA MARKET COULD REACH $19 TRILLION BY 2033, UP FROM.

SUNCAR ANNOUNCES ITS PLANS TO INVEST UP TO $10 MILLION IN SEVERAL LEADING REAL-WORLD ASSET (RWA) CRYPTOCURRENCIES

NEW YORK , JULY 8, 2025 /PRNEWSWIRE/ --SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), AN INNOVATIVE LEADER IN CLOUD-BASED, SOFTWARE-FOCUSED B2B AUTO EINSURANCE AND AUTO SERVICES IN CHINA, TODAY ANNOUNCED THAT IT HAS ENTERED A NEW PHASE OF STRATEGIC COOPERATION WITH INTELLIGENT ELECTRIC VEHICLE MANUFACTURER, XPENG INC. (NYSE: XPEV). SUNCAR HAS HAD A COMPREHENSIVE PARTNERSHIP WITH XPENG SINCE OCTOBER 2022.

SUNCAR AND XPENG ENTER A NEW STAGE OF COOPERATION WITH THE LAUNCH OF XPENG'S G7 MODEL, DELIVERING FULLY INTELLIGENT CAR INSURANCE TO DRIVERS

NEW YORK , JUNE 30, 2025 /PRNEWSWIRE/ -- SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), AN INNOVATIVE LEADER IN CLOUD-BASED, SOFTWARE-FOCUSED B2B AUTO EINSURANCE AND AUTO SERVICES IN CHINA, TODAY ANNOUNCED THE CONTINUED PROGRESSION OF THE XIAOMI PARTNERSHIP. WITH THE OFFICIAL LAUNCH OF XIAOMI AUTO'S FIRST PURE ELECTRIC SUV, THE XIAOMI YU7 IN APRIL 2024, THE TWO PARTIES HAVE BEEN ENGAGED IN THE FIELD OF INTELLIGENT VEHICLE INSURANCE, CREATING A FULLY INTELLIGENT AND DIGITIZED AUTO INSURANCE SERVICE SYSTEM FOR XIAOMI.

SUNCAR'S PARTNERSHIP WITH XIAOMI ENTERS A NEW PHASE TO SUPPORT ITS YU7 LAUNCH, PROMOTING FULLY INTELLIGENT AUTO INSURANCE

NEW YORK , JUNE 6, 2025 /PRNEWSWIRE/ -- SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), AN INNOVATIVE LEADER IN CLOUD-BASED, SOFTWARE-FOCUSED B2B AUTO EINSURANCE AND AUTO SERVICES IN CHINA, TODAY ANNOUNCED THAT MEMBERS OF THE COMPANY WILL BE PARTICIPATING AT THE FOLLOWING UPCOMING INVESTOR CONFERENCES: OPPENHEIMER 25TH ANNUAL CONSUMER GROWTH AND E-COMMERCE CONFERENCE DATE: TUESDAY, JUNE 10 TH, 2025, 9:00AM ET LOCATION: VIRTUAL SIDOTI SMALL CAP VIRTUAL CONFERENCE DATE: WEDNESDAY, JUNE 12 TH , 2025, 8:30AM ET LOCATION: VIRTUAL WEBULL EV STOCK WEBINAR DATE: TUESDAY, JUNE 24 TH , 2:00PM ET LOCATION: VIRTUAL INTERESTED INVESTORS SHOULD CONTACT THEIR SALES REPRESENTATIVE TO REGISTER AND SCHEDULE ONE-ON-ONE OR GROUP MEETINGS. FOR PRESENTATION TIMES, LIVE WEBCAST LINKS, AND MATERIALS, PLEASE VISIT THE EVENTS & PRESENTATION SECTION OF THE COMPANY'S INVESTOR RELATIONS WEBSITE AT HTTPS://IR.SUNCARTECH.COM.

SUNCAR TO PARTICIPATE IN UPCOMING INVESTOR CONFERENCES

NEW YORK , MAY 19, 2025 /PRNEWSWIRE/ -- SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), AN INNOVATIVE LEADER IN CLOUD-BASED, SOFTWARE-FOCUSED B2B AUTO EINSURANCE AND AUTO SERVICES IN CHINA, TODAY REPORTED FIRST QUARTER 2025 FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2025. FIRST QUARTER 2025 HIGHLIGHTS REVENUE FOR FIRST QUARTER 2025 INCREASED 20% TO $102.6 MILLION, COMPARED TO $85.6 MILLION IN FIRST QUARTER 2024.

SUNCAR TECHNOLOGY REPORTS FIRST QUARTER 2025 RESULTS

NEW YORK , APRIL 28, 2025 /PRNEWSWIRE/ -- SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), AN INNOVATIVE LEADER IN CLOUD-BASED, SOFTWARE-FOCUSED B2B AUTO EINSURANCE AND AUTO SERVICES IN CHINA, TODAY REPORTED ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2024. RECENT & FULL YEAR 2024 HIGHLIGHTS REVENUE FOR 2024 INCREASED 21% TO $441.9 MILLION, COMPARED TO $363.7 MILLION IN 2023 ADJUSTED EBITDA FOR 2024 INCREASED 492% TO $9.8 MILLION, COMPARED TO $1.6 MILLION IN 2023 EXPANDED COLLABORATION WITH TESLA TO 48 CITIES FROM AN INITIAL 6 AT THE START OF THE YEAR INITIATED AN INNOVATIVE PARTNERSHIP WITH XIAOMI TO OFFER CUSTOMIZED INSURANCE PRODUCTS SECURED A TWO-YEAR AGREEMENT WITH SAIC MAXUS, A LEADING COMMERCIAL VEHICLE MANUFACTURER, TO ENHANCE EINSURANCE MANAGEMENT ACROSS ITS DEALERSHIP NETWORK INCREASED OUR COLLABORATION WITH AUTO DEALERS, INITIALLY WITH CHANG'AN DEEPAL.

SUNCAR TECHNOLOGY REPORTS 2024 ANNUAL RESULTS

NEW YORK--(BUSINESS WIRE)--SUNCAR TECHNOLOGY GROUP INC. (THE "COMPANY" OR "SUNCAR") (NASDAQ: SDA), AN INNOVATIVE LEADER IN CLOUD-BASED, SOFTWARE-FOCUSED B2B AUTO EINSURANCE AND AUTO SERVICES IN CHINA, WILL RELEASE ITS FINANCIAL RESULTS FOR THE FULL YEAR 2024 ON MONDAY, APRIL 28 AFTER THE MARKET CLOSES. SUNCAR WILL HOST A CONFERENCE CALL THE FOLLOWING DAY ON TUESDAY, APRIL 29TH AT 8:00 AM ET (5:00 AM PT) WITH THE INVESTMENT COMMUNITY TO DISCUSS THE COMPANY'S FINANCIAL RESULTS AND PROVIDE A BUSIN.

SUNCAR TECHNOLOGY GROUP INC. SCHEDULES FULL-YEAR 2024 EARNINGS CONFERENCE CALL

NEW YORK , MARCH 31, 2025 /PRNEWSWIRE/ -- SUNCAR TECHNOLOGY GROUP INC. ("SUNCAR" OR THE "COMPANY") (NASDAQ: SDA), AN INNOVATIVE LEADER IN AUTO E-INSURANCE AND CLOUD-BASED B2B AUTO SERVICES IN CHINA, TODAY ANNOUNCED IT HAS BEEN AWARDED A CONTRACT TO PROVIDE CAR WASH AND SMART CAR WASH CONCIERGE SERVICES FOR PERSONAL CLIENTS OF THE SICHUAN BRANCH OF AGRICULTURAL BANK OF CHINA (ABC). THIS MILESTONE STRENGTHENS SUNCAR'S STRATEGIC PARTNERSHIP WITH ABC AND DEMONSTRATES THEIR CONTINUED COLLABORATION TO ENHANCE CUSTOMER SERVICE THROUGH INNOVATIVE, TECHNOLOGY-DRIVEN SOLUTIONS.

SunCar Technology Group Inc.

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SunCar Technology Group Inc.

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