SunCar Technology Group Inc. Secures Exclusive Vehicle Service Contract with China Construction Bank’s Sichuan Branch

January 22, 2024

https://www.prnewswire.com/news-releases/suncar-technology-group-inc-secures-exclusive-vehicle-service-contract-with-china-construction-banks-sichuan-branch-302040224.html

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.

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