Company: SDAWW
Filing Date: 2025-12-22
Form Type: 6-K
Source: 0001213900-25-124170
Chunk: 42

Company: SunCar Technology Group Inc.
Filing Date: 2025-12-22
Form: 6-K
Chunk 42
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 |     | 2025 |         |     |     |   |
|:------------------------|:----|:----------------------------------------|--------:|:----|----:|:--|:----|:-----|--------:|:----|----:|:--|
| Auto eInsurance service |     | $                                       | 119,108 |     |  38 | % |     | $    | 149,243 |     |  44 | % |
| Technology service      |     |                                         |  34,046 |     |  11 | % |     |      |  36,549 |     |  11 | % |
| Auto service            |     |                                         | 159,555 |     |  51 | % |     |      | 152,292 |     |  45 | % |
| Total                   |     | $                                       | 312,709 |     | 100 | % |     | $    | 338,084 |     | 100 | % |

Auto eInsurance Service.We provide auto eInsurance service distributing automobile insurance products on behalf of insurance companies. Auto eInsurance services are considered to be rendered and completed and revenue is recognized at the time an insurance policy becomes effective, i.e. when the signed insurance policy is in place and the premium is collected from the insured. We recognize revenue when the premiums are collected by the respective insurance companies, because collectability is not ensured until receipt of the premium. Accordingly, we do not accrue any commission and fees prior to the receipt of the relevant premiums. Technology Service.We operate our technology service business by providing technical software and consulting related to automobile services and insurance, including modular management tools such as customer relationship management, order management, finance management and visual analysis systems. For the use of our technology services, we charge technology service fees based on fixed prices per service period (usually one month) for service provided, and recognize revenue over time during the service period. 5 Auto Service.We provide customized auto service to enterprises, who ultimately offer them to their end customers. These services include necessary maintenance as well as regular services such as car wash, oil change, tire repair, car beautification, road assistance, flight pickup, designated driving, VIP lounge, etc. We charge a service fee either based on the number of service items completed at a fixed price per item, or, charge for service coupons with a limited duration term, whether or not the services have been performed. We act as