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Stock impact report

SunCar Technology Group Partners with Ping An Property & Casualty to Elevate Airport Pickup Services

SunCar Technology Group Inc. - Ordinary Shares (SDA) 
Company Research Source: PR Newswire
NEW YORK, June 17, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce a new strategic collaboration with Ping An Property & Casualty Insurance Co., Ltd. (Shenzhen Branch) ("Ping An P&C Shenzhen"), a subsidiary of Ping An Insurance Group Co. of China Ltd ("Ping An", 2318.HK), one of the five largest insurance companies in the world and a long term enterprise client of SunCar's. This partnership aims to enhance the airport pickup services provided to Ping An's high-value clients, reflecting SunCar and Ping An's continued commitment to excellence and customer satisfaction.Under this new agreement, Ping An P&C Shenzhen becomes the seventh branch of Ping An to partner with SunCar for this premium service, joining the ranks of Guangdong, Fujian, Ningbo, Shanghai, Beijing, and Shanxi branches. This agreement with SunCar supports Ping An's commitment to offering p Show less Read more
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