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- SunCar Technology (NASDAQ:SDA) Wednesday announced a new business cooperation through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company.
- This agreement has a total consideration of RMB 1.74 million (approximately USD 0.24 million).
- Under this Agreement, SunCar and Li Auto Insurance are set to collaborate on developing the 'Li Auto Insurance's Broker System'.
- SDA +2.17% premarket to $6.6
- Source: Press Release