Company: SDAWW
Filing Date: 2025-10-27
Form Type: 6-K
Source: 0001213900-25-102611
Chunk: 32

Company: SunCar Technology Group Inc.
Filing Date: 2025-10-27
Form: 6-K
Chunk 32
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3, which the Group allegedly breached. Red Romance is seeking payment of consulting fees, damages for breach of contract and associated protection costs. As of the issuance date of these consolidated financial statements, the litigation remains under adjudication. The Group believes that this litigation is not expected to have a material impact on the consolidated financial statements.

Except for the events mentioned, in the opinion of management, there were no other pending or threatened claims and litigation as of June 30, 2025 and through the issuance date of these consolidated financial statements.

Capital commitments

The Group’s capital commitments primarily relate to commitments on purchase of other cloud infrastructure and artificial intelligence platform. Total capital commitment contracted but not yet reflected in the consolidated financial statements as of June 30, 2025 was $ 36,337, of which $ 18,888was expected to be paid within 1year and $ 17,449was expected to be paid more than 1year.

| 18. | SUBSEQUENT 
 EVENTS     |

The Company has evaluated the impact of events that have occurred subsequent to June 30, 2025, through the issuance date, October 27, 2025, of the consolidated financial statements, the Company did not identify any other subsequent events occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements.

F-30 OPERATING AND FINANCIAL REVIEW AND PROSPECTS A. Operating Results You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our unaudited condensed consolidated financial statements and the related notes included elsewhere in Form 6-K. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of various factors, including those set forth under “Risk Factors” and elsewhere in the Form 20-F for the year ended December 31, 2024. Business Overview We are a leading provider of cloud and mobile app-based auto eInsurance services, technology services, and auto services in China. We generate revenue from selling our auto eInsurance services, technology services, and auto services. For our auto eInsurance business, we facilitate the sale of auto insurance products underwritten by major insurance companies in China. We receive commissions from these insurance companies which are typically a percentage of the premium paid by the policy holder. We implement, automate, and streamline the insurance purchasing process through our proprietary cloud and mobile apps which connect our customers to