Company: SDAWW
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036086
Chunk: 5

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 1
Chunk 5
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 & Young LLP, where she was senior auditor from 2005 to 2008. Ms. Bao received her bachelor’s degree in economics
from Concordia University in Canada.

Mr. Yongsheng Liuserves
as an independent director of SunCar. Throughout the past 20 years, Mr. Liu has assumed various corporate leadership positions and demonstrated
his strong execution ability and in-depth knowledge in private equity and corporate mergers & acquisitions transactions across a wide
range of sectors including aviation, consumer, financial institutions, and technology. Mr. Liu has served as the chief executive officer
and chairman of our board of directors of Goldenbridge since August 2020. He has served as Chief Operating Officer of Goldenstone Acquisition
Limited, a special purpose acquisition company (“ Goldenstone”) since April 2021. Mr. Liu served as the Chairman and Chief
Executive Officer of Wealthbridge Acquisition Limited, a special purpose acquisition company, from June 2018 until its business combination
with Scienjoy Inc. in May 2020, and had served as the Vice Chairman of Scienjoy’s Board of Directors since then. From March 2017
to April 2018, Mr. Liu served as the Chairman of the Board of Directors and Chief Executive Officer of Royal China Holdings Limited (HKEx:
01683), during which he spearheaded the company’s international growth strategy focused at acquiring targets in the aviation industry
and financial sector. From the beginning of 2013 to March 2017, Mr. Liu was the Chairman of Joy Air General Aviation, Chairman of Cambodia
Bayon Airlines, Vice Chairman of Everbright and Joy International Leasing Company, and President of General Aviation Investment Company
(Shanghai). From April 2004 to August 2008, Mr. Liu also served as Chief Strategy Officer of United Eagle Airlines (subsequently renamed
to Chengdu Airlines). From December 1994 to June 2000, Mr. Liu was a manager of China Southern Airlines responsible for ground staff training.
Mr. Liu received his master degree from the University of Ottawa in 2002 and his bachelor’s degree from Civil Aviation University
of China in 1992.

Family Relationships

Mr. Zhunfu Lei is the brother
of the wife of Mr. Ye Zaichang. Other than that, there are no family relationships among our officers and directors and those of our subsidiaries
and affiliated companies.

Board Diversity

The Nominating and Corporate
Governance Committee does not have a formal policy with