Company: SDAWW
Filing Date: 2025-12-22
Form Type: 6-K
Source: 0001213900-25-124170
Chunk: 52

Company: SunCar Technology Group Inc.
Filing Date: 2025-12-22
Form: 6-K
Chunk 52
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                                  |     | $                     |    138 |     | $         |     35 |     | $     |    173 |
| Lease payment of property management fee and short-term lease |     | $                     |     81 |     | $         |      - |     | $     |     81 |
| Capital payment                                               |     | $                     | 17,960 |     | $         | 17,559 |     | $     | 35,519 |
| Short-term borrowings                                         |     | $                     | 87,540 |     | $         |      - |     | $     | 87,540 |

12 We recorded rental expenses of US$0.7 million and US$0.7 million for the nine months ended September 30, 2024 and 2025, respectively. Other than what is disclosed above, we did not have other significant commitments, long-term obligations, or guarantees as of September 30, 2025. We also have certain capital commitments that are primarily related to commitments for the purchase and installation of a private cloud system and an artificial intelligence platform. Total capital commitments contracted but not yet reflected in the unaudited condensed consolidated financial statement was US$35.5 million as of September 30, 2025. All of the capital commitments will be fulfilled according to the investment payment schedule. Related Party Transaction Shengda Automobile Service Group Co., Limited and its subsidiaries (“Shengda Group”) was disposed on March 1, 2022, such disposition has been completed as of that date. In addition, we were liable to Shengda Group of RMB281.8 million (US$40.9 million) for the transfer of SUNCAR Online as of December 31, 2022. Additionally, we were liable to Shengda Group of $4.7 million for the ordinary course of operation, which was interest-free, unsecured, and could be settled on demand. In the share purchase agreement dated March 1, 2022, we agreed to repay the debt owed to Shengda Group by full before June 1, 2023. In 2023, we repaid the debt owed to Shengda Group of US$10 million. In April 2023, we negotiated with Jiachen Information Technology (Shanghai) Co., Ltd. (“Jiachen”) and consented to have an extension of payment to extend the repayment due date to December 31,