NEW
YORK, June 17, 2024 /PRNewswire/ -- SunCar
Technology Group Inc. ("SunCar" NASDAQ: SDA), an innovative leader
in cloud-based B2B auto services and auto e-insurance in
China, is pleased to announce a
new strategic collaboration with Ping An Property & Casualty
Insurance Co., Ltd. (Shenzhen
Branch) ("Ping An P&C Shenzhen"), a subsidiary of Ping An
Insurance Group Co. of China Ltd ("Ping
An", 2318.HK), one of the five largest insurance companies
in the world and a long term enterprise client of SunCar's. This
partnership aims to enhance the airport pickup services provided to
Ping An's high-value clients,
reflecting SunCar and Ping An's
continued commitment to excellence and customer satisfaction.
Under this new agreement, Ping An P&C Shenzhen becomes the
seventh branch of Ping An to partner
with SunCar for this premium service, joining the ranks of
Guangdong, Fujian, Ningbo, Shanghai, Beijing, and Shanxi branches. This agreement
with SunCar supports Ping An's
commitment to offering premium value-added services to its clients,
fostering long-lasting relationships.
SunCar has a proven track record with Ping An, having provided auto services to
multiple branches of Ping An for
years. This expansion includes airport pickup services and
highlights the exceptional quality of SunCar's offerings. SunCar
expects more Ping An branches to
utilize more of SunCar's services in the near future.
Ye Zaichang, CEO and Chairman of SunCar, remarked, "We are
excited to expand our collaboration with Ping An in offering our premium airport pickup
services. This partnership reaffirms our dedication to delivering
outstanding service and ensuring a seamless travel experience for
Ping An's high-net-worth clients. We
look forward to expanding our services further and continuing to
set new standards in customer satisfaction."
This announcement follows several other significant partnerships
for SunCar, including collaborations with China Construction Bank,
Agricultural Bank of China, China
CITIC Bank, and most recently, Ant Fortune. These partnerships
underscore SunCar's dedication to leveraging advanced technology to
provide top-tier automotive services and intelligent insurance
solutions.
About SunCar Technology Group Inc.
Originally founded in 2007, SunCar is transforming the customer
journey for auto services and auto insurance in China, the largest passenger vehicle market in
the world. SunCar develops and operates cloud-based platforms that
seamlessly connect drivers with a wide range of auto services and
insurance coverage options through a nationwide network of sales
partners. As a result, SunCar has established itself as the leader
in China in the B2B auto services
market and the auto e-insurance market for
electric vehicles. The Company's multi-tenant, cloud-based Platform
empowers its enterprise clients to access and manage their customer
database and offerings optimally, and drivers gain access to
hundreds of services from tens of thousands of independent
providers in a single application. For more information, please
visit https://suncartech.com.
Contact Information:
SunCar:
Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com
U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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SOURCE SunCar Technology Group Inc.
