Company: SDAWW
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036086
Chunk: 62

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 62
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 quality control
procedures, adequacy of personnel and training, or sufficiency of resources, geographic reach or experience as it relates to the audit
of our financial statements. It remains unclear what further actions the SEC, the PCAOB or Nasdaq will take to address these issues and
what impact those actions will have on U. S. companies that have significant operations in the PRC and have securities listed on a U. S.
stock exchange (including a national securities exchange or over-the-counter stock market). In addition, any additional actions, proceedings,
or new rules resulting from these efforts to increase U. S. regulatory access to audit information could create some uncertainty for investors,
the market price of our ordinary shares could be adversely affected, and we could be delisted if we and our auditor are unable to meet
the PCAOB inspection requirement or being required to engage a new audit firm, which would require significant expense and management
time. If trading in our ordinary shares is prohibited under the CAA in the future because the PCAOB determines that it cannot inspect
or fully investigate our auditor at such future time, Nasdaq may determine to delist our ordinary shares. If our ordinary shares are unable
to be listed on another securities exchange by then, such a delisting would substantially impair your ability to sell or purchase our
ordinary shares when you wish to do so, and the risk and uncertainty associated with a potential delisting would have a negative impact
on the price of our ordinary shares.

The current tension in international trade,
particularly with regard to U. S. and China trade policies, may adversely impact our business, financial condition, and results of operations.

Although cross-border business
may not be an area of our focus, if we plan to expand our business internationally in the future, any unfavorable government policies
on international trade, such as capital controls or tariffs, may affect the demand for our services, impact our competitive position,
or prevent us from being able to conduct business in certain countries. If any new tariffs, legislation, or regulations are implemented,
or if existing trade agreements are renegotiated, such changes could adversely affect our business, financial condition, and results of
operations. Recently, there have been heightened tensions in international economic relations, such as the one between the United States
and China. The U. S. government has recently imposed, and has recently proposed to impose additional, new, or higher tariffs on certain
products imported from China to penalize China for what it characterizes as unfair trade practices. China has