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

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 25
---
 or leasing rights of such properties, our leasing
of such properties may be affected.

Pursuant to the Administrative
Measures for Commodity Housing Leasing, parties to a lease agreement are required to file the lease agreements for registration and obtain
property leasing filing certificates for their leases. Our leasehold interests in leased properties have not been registered with the
relevant PRC government authorities as required by PRC law, which may expose us to potential fines if we fail to remediate after receiving
any notice from the relevant PRC government authorities. As of the date of this Report, we believe that failure to complete the lease
registration will not affect the legal effectiveness of our lease agreements according to PRC law, but the real estate administrative
authorities may require the parties to the lease agreements to complete lease registration within a prescribed period of time, and the
failure to do so may subject the parties to fines from RMB1,000 to RMB10,000 for each of such lease agreements. There can be no assurance
that legal disputes or conflicts concerning such leases and tenancies will not arise in the future.

As of the date of this Report,
we are not aware of any actions, claims or investigations threatened against us or our lessors with respect to the defects in our leasehold
interests. However, if any of our leases is terminated as a result of challenges by third parties or governmental authorities for lack
of title certificates or proof of authorization to lease, we do not expect to be subject to any fines or penalties, but we may be forced
to relocate the affected offices and incur additional expenses relating to such relocation. Any dispute or claim in relation to the titles
of the properties that we occupy, including any litigation involving allegations of illegal or unauthorized use of these properties, could
require us to relocate our business operations occupying these properties.

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
affected.

Our corporate name, trademarks
and other intellectual properties are essential to our business. We believe our reputation and brand are associated with our corporate
name in Chinese “ Sheng Shi Da Lian” and SunCar, and our trademarks, and that this association has contributed to the success
of our business. Our corporate name may be damaged if it is used by third parties whose reputation or brand is not associated with quality,
or if such third parties are otherwise the subject of any adverse publicity. In addition,