Company: SDAWW
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036086
Chunk: 8

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 8
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D. Risk Factors

You
should carefully consider the risks described below together with all of the other information included in this report before making an
investment decision with regard to our securities. The statements contained in or incorporated into this report that are not historic
facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially
from those set forth in or implied by forward-looking statements. If any of the following risks actually occurs, our business, financial
condition or results of operations could be harmed. In that case, the trading price of our ordinary shares could decline, and you may
lose all or part of your investment.

Summary of Risk Factors

General Risks Related to SunCar’s
Business

  Our auto services business and auto eInsurance business largely depend on our relationships with our customers. See Risk Factor - Our auto services business and auto eInsurance business largely...  
  We rely on our auto service providers and external referral sources to operate our business, therefore our relationships with our service providers are crucial to our business. See Risk Factor ...  
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  We are subject to customer concentration risk.                                                                                                                                                        
  We are subject to credit risks from our customers.                                                                                                                                                    
  Our negative net operating cash flows in the past may expose us to certain liquidity risks and could constrain our operational flexibility. See Risk Factor under such title.                         
  Any significant disruption in services on our apps, websites or computer systems, including events beyond our control, could materially and adversely affect our business, financial condition an...  
  If we are unable to manage our growth or execute our strategies effectively, our business and prospects may be materially and adversely affected. See Risk Factor under such title.                   
  We are an “emerging growth company” and we cannot be certain if the reduced disclosure requirements applicable to “emerging growth companies” will make our ordinary shares less attractive to in...  
  We may not be able to use certain of our leased properties due to defects related to these properties. See Risk Factor - We may not be able to use certain of our leased properties due to defect...  
  If we fail to protect our intellectual property rights and proprietary information, we may lose our competitive edge and our brand, reputation and operations may be materially and adversely aff...  

Risks Related to SunCar’s Insurance Services

  We participate in the business as an insurance intermediary, therefore,