SunCar Technology Expands Strategic Partnership with Ping An Property & Casualty Across Key Provinces
SunCar Technology Group Inc. - Ordinary Shares (SDA)
Company Research
Source: PR Newswire
New and Renewed Contracts Totaling 30 million RMB to Enhance Automotive Services NationwideNEW YORK, Oct. 24, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce new and renewed partnerships with several branches of Ping An Property & Casualty Insurance Co., Ltd. ("Ping An P&C", 2318.HK), including in Shanghai, Guangdong, Foshan, Hebei, and Shanxi. The total contract value from these agreements exceeds 30 million RMB (approximately USD 4.2 million), marking another major milestone in SunCar's ongoing collaboration with one of China's largest insurance groups.This latest milestone includes a mix of new partnerships and contract renewals. Notably, the Shanghai and Guangdong Ping An branches are partnering with SunCar for the first time, while the Hebei and Shanxi branches have renewed their long-standing collaborations with SunCar. Foshan P
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- SunCar Technology Group Inc.'s (NASDAQ:SDA) largest shareholders are private companies with 40% ownership, individual investors own 32% [Yahoo! Finance]Yahoo! Finance
- SunCar Technology Group Expands Multi-Platform Collaboration with ICBC Shaanxi Branch Through "Shaanxi Benefits" PlatformPR Newswire
- SunCar Technology Group Inc. (SDA) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
SDA
Sec Filings
- 10/28/24 - Form 6-K
- 9/17/24 - Form 424B4
- 9/16/24 - Form EFFECT
- SDA's page on the SEC website