SunCar Technology Group Inc. announced the release of its latest version of its cutting-edge digital insurance system, Version7.9.0. This significant update reflects the Company's commitment to staying at the forefront of the evolving auto insurance industry. Version 7.9.0 is currently being deployed by 18 leading new energy vehicle (NEV) companies, including Geely Auto, BYD, Nio, Xiaopeng, Nio, Li Auto, and Seres. Over the course of the year, SunCar's platform has undertaken comprehensive updates, driven by the dynamic shifts in industry, the meticulous research have conducted on user scenarios and requirements, and important collaborations with world-renowned NEV manufacturers on software development.

A primary enhancement in this release is the enhanced capability for automatic storage and astute management of user insurance image data. The company system can now classify insurance image data by leveraging advanced image recognition technology, facilitating automatic storage and intelligent matching in real-world application scenarios. This enhancement underscores SunCar's dedication to elevating the user experience of digital insurance intermediation.

Furthermore, SunCar has improved the traceability feature within the insurance intermediation process. Comprehensive image storage and management are now available throughout the entire user online operation process, regardless of the platform - mobile or PC. This innovation aligns with the market's growing demand for a robust traceability for online insurance intermediation process.