SunCar Technology Group Inc. Secures Exclusive Vehicle Service Contract with China Construction Bank

January 19, 2024

https://www.prnewswire.com/news-releases/suncar-technology-group-inc-secures-exclusive-vehicle-service-contract-with-china-construction-bank-302027987.html

NEW YORK, Jan. 8, 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 two-year exclusive vehicle service contract with the Fujian Branch of China Construction Bank, one of the most prestigious financial institutions in China. SunCar expects to derive cumulative revenue from the contract valued at approximately RMB 25 million, or USD 3.5 million.

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