SunCar Technology Group Inc. CEO Meets the President of Starr Strategic Holdings
September 08 2023 - 8:30AM
SunCar Technology Group Inc. (“SunCar” or the “Company”)
(Nasdaq: SDA), a leading provider of digitalized enterprise
automotive after-sales services and online auto insurance
intermediation service in China, announced that SunCar’s CEO, Mr.
Ye recently met with X. Rick Niu, the President of Starr Strategic
Holdings, LLC. Starr Strategic Holdings, LLC is the division of
Starr Insurance Companies dedicated to serving the insurance and
investment needs of Asian and other emerging market companies and
individuals doing business in the U.S.
Mr. Ye and Mr. Niu discussed the business
landscape and opportunities for cooperation in the insurance market
in China. With SunCar’s proven strengths in providing both
insurance intermediation and after-sales services to insurance
companies, they believe a business relationship between the two
entities would be mutually beneficial.
About SunCar Technology Group
Inc.
Originally founded in 2007, SunCar is
transforming the customer journey for car insurance and aftermarket
services in China, the largest passenger vehicle market in the
world. SunCar develops and operates online platforms that
seamlessly connect drivers with a wide range of automotive services
and insurance coverage options from a nationwide network of
provider partners. As a result, SunCar has established itself as
the leader in China in the B2B automotive after-sales services
market and the online insurance market for electric vehicles. The
company’s multi-tenant, cloud-based platform empowers its
enterprise clients to optimally access and manage their customer
database and offerings, and drivers gain access to hundreds of
services from tens of thousands of independent providers in a
single application.
Forward-Looking Statements
This press release contains information about
the Company's view of its future expectations, plans and prospects
that constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages you
to review other factors that may affect its future results in the
Company's annual reports and in its other filings with the
Securities and Exchange Commission.
Contact
SunCar:
Investor Relations: Ms. Hui Jiang
Email:IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com
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