Company: SDAWW
Filing Date: 2025-12-22
Form Type: 6-K
Source: 0001213900-25-124170
Chunk: 9

Company: SunCar Technology Group Inc.
Filing Date: 2025-12-22
Form: 6-K
Chunk 9
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 30, |       |
|                                                 |     |         2024 |        |     |          2025 |       |
| Balance sheet items, except for equity accounts |     |              | 7.2993 |     |               | 7.119 |

|                                                                                            |     | For the nine months ended 
             September 30, |        |     |      |        |
|                                                                                            |     |                      2024 |        |     | 2025 |        |
| Items in the statements of operations and comprehensive loss, and statements of cash flows |     |                           | 7.1977 |     |      | 7.2201 |

No representation is made that the RMB amounts
could have been, or could be, converted into U.S. dollars at the rates used in translation.

F-11 SUNCAR TECHNOLOGY GROUP INC NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (In U.S. Dollar thousands, except share and per share data)

| (i). | Recent accounting pronouncements |

The Group is an “emerging growth company”
(“EGC”) as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Under the JOBS Act, EGC
can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until such time as those standards
apply to private companies.

In December 2023, the FASB issued ASU 2023-09,
Improvement to Income Tax Disclosure. This standard requires more transparency about income tax information through improvements to income
tax disclosures primarily related to the rate reconciliation and income taxes paid information. This standard also includes certain other
amendments to improve the effectiveness of income tax disclosures. ASU 2023-09 is effective for public business entities, for annual periods
beginning after December 15, 2024. For entities other than public business entities, the amendments are effective for annual periods beginning
after December 15, 2025. The Group is in the process of evaluation the impact of adopting this new guidance on its consolidated financial
statement.

In November 2024, the FASB issued Accounting Standards
Update No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation
of Income Statement Expenses (“ASU 2024-03”), and in January