Company: SDAWW
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036086
Chunk: 131

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 5
Chunk 131
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ensive network to promote insurance policies with cost efficiency. We leverage our proprietary technology platforms and our extensive networks of service providers to promote the sales of au...  
  Targeted sales channels. Our sales partners consist of auto service providers and online car marketplaces with direct exposure to and focused user traffic of car owners. They bring customers to...  
  Efficiency by full digital experience. Our online interface enables our insurance company clients to complete the whole insurance underwriting process fully digitally. With simple prompts from ...  

Our value proposition
for our external insurance sales partners:

  Referral fees. Our external insurance sales partners, which includes a large number of our auto service providers, earn referral fees for successful referral of insurance purchasers to purchase...  
  Simple and convenient referral process. Our insurance interface integrates diverse products from 35 insurance company groups (including the top 10 insurance company groups with combined over 90...  
  Enhanced consumer loyalty and satisfaction. For our channel partners such as Guazi.com, Souche.com, Chexiang.com, Cangoonline.com and Qufenqi.com, we recommend and customize insurance products ...  

Our value proposition
for end consumers:

  Convenient one-stop “supermarket-style” auto insurance shopping experience. End consumers could obtain accurate real-time information of various auto eInsurance products and shop for insurance ...  
  Auto services for free or at discounted prices. Our auto services platform enables end consumers to receive various quality services for free or at discounted prices as members of the reward pr...  
  Convenient and customized service experiences. The management believes the scale of our network of auto service providers as well as our efficient digitalized platform allow end consumers to co...  
  Complementary insurance claims assistance and related services. We, in collaboration with our insurance company clients and external insurance sales partners, provide comprehensive services to ...  

Our Auto eInsurance Business Process

The auto eInsurance policies
we intermediate generally have a term of one year. These policies are underwritten by insurance companies directly, and we are not a party
to the insurance policy or any other agreements with the purchasers of the policies.

Sales and Marketing

We market insurance products
to potential end consumers sourced from a comprehensive and integrated omni-channel interactive marketing network connected by our digital
platform, comprised of external insurance sales partners, which include referral service providers, external registered sales representatives
and channel partners. All of our external registered sales representatives are registered with the CBIRC. We have embraced the use of
external insurance sales partners as our marketing strategy, prompted by the introduction of