NEW
YORK, Jan. 21, 2025 /PRNewswire/ -- SunCar
Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), a
leading innovator in cloud-based B2B auto services and auto
e-insurance in China, today
announced the appointment of Mr. Breaux
Walker as the Company's Chief Strategy Officer (CSO),
effective January 13, 2025.
Mr. Walker brings over 25 years of extensive experience in
business development, corporate finance, and cross-border
transactions, particularly within the technology and fintech
sectors. He joined SunCar in March
2024 as Consulting General Manager for North America, where he successfully
contributed to the Company's strategic growth initiatives.
Prior to joining SunCar, Mr. Walker served as a Partner at HRJ
International, advising emerging technology companies on
financings, mergers and acquisitions, and growth strategies. He
previously held Managing Director positions at Weild & Co. and
JMP Securities, leading cross-border transactions and public equity
offerings for technology companies. Earlier in his career, Mr.
Walker founded and scaled a technology services company in
China, growing it to $25 million in revenue. He also held senior
leadership roles at Kochava, where he was Senior Vice President of
Business Development, and at Union Mobile Pay Ltd., where he led
North American operations for one of China's leading fintech platforms.
Fluent in Mandarin Chinese and proficient in Spanish, Mr. Walker
brings a unique international perspective to SunCar's strategic
initiatives. He holds a degree from Wesleyan
University in Middletown,
CT.
"We are thrilled to welcome Breaux
Walker to SunCar's executive team as our Chief Strategy
Officer," said Ye Zaichang, Chairman and CEO of SunCar Technology
Group. "Breaux's proven track record in business development,
corporate finance, and cross-border transactions, combined with his
deep understanding of the technology and fintech sectors, positions
him as a key asset for advancing SunCar's global strategic
objectives. We are confident that his leadership and expertise will
drive our next growth phase and strengthen our position in
international markets.".
"I am honored to join SunCar Technology Group as Chief Strategy
Officer at such an exciting time in the company's growth
trajectory," said Breaux Walker.
"SunCar has established itself as an innovative leader in the
automotive services and e-insurance sectors, leveraging
cutting-edge technology to transform customer experiences. I look
forward to driving the Company's strategic initiatives in capital
markets, investment, and global expansion and building strong
relationships with our investors and partners as we continue to
create long-term value."
About SunCar Technology Group Inc.
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 eInsurance market for electric
vehicles. The Company's intelligent cloud 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.
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
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 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.
