| Schedule of Short-Term and Long-Term Borrowings |
| | | Annual Interest | | | | | As of December 31, | | | Short-term borrowings | | Rate | | | Maturity | | 2024 | | | 2025 | | | Huaxia Bank Co., Ltd. Shanghai Branch(i) | | | 3.00%-3.45 | % | | September to November,2026 | | $ | - | | | $ | 12,870 | | | China Merchants Bank Shanghai Damuqiao Branch(i) | | | 3.25 | % | | March,2026 | | | 6,823 | | | | 8,580 | | | Bank of Communications Shanghai Putuo Branch(i) | | | 4.44 | % | | January to February,2026 | | | 6,850 | | | | 7,150 | | | Industrial Bank Co., LTD. Shanghai Pudong branch(i) | | | 3.50%-4.50 | % | | June to December,2026 | | | 4,110 | | | | 5,005 | | | China Minsheng Bank Co., LTD. Shanghai branch | | | 2.95 | % | | July,2026 | | | 3,973 | | | | 4,147 | | | Bank of Nanjing North Bund Branch(i) | | | 4.50 | % | | March,2026 | | | 2,740 | | | | 2,860 | | | ICBC Shanghai Zhang Jiang high tech Park Branch(i) | | | 3.90 | % | | December,2026 | | | 2,740 | | | | 2,860 | | | Xiamen International Bank Shanghai Jinqiao Branch(i) | | | 4.90 | % | | March to June,2026 | | | 2,740 | | | | 2,860 | | | Bank of Ningbo Co., LTD. Shanghai Lianyang branch(i) | | | 4.00 | % | | June,2026 | | | 2,740 | | | | 2,860 | | | Bank of Jiangsu Co., LTD. Songjiang branch(i) | | | 3.70 | % | | January,2026 | | | 2,740 | | | | 2,860 | | | Agricultural Bank of China Co., LTD. Shanghai Xuhui branch(ii) | | | 2.80%-2.82 | % | | November to December,2026 | | | 1,370 | | | | 2,860 | | | China CITIC Bank Shanghai Pudian Road Branch(i) | | | 4.00 | % | | June,2026 | | | 2,740 | | | | 2,831 | | | Bank of China Limited Shanghai Zhabei branch(i) | | | 4.10 | % | | June to July,2026 | | | 2,671 | | | | 2,788 | | | China Construction Bank Shanghai Jing'an Branch(i) | | | 3.00 | % | | April to June,2026 | | | 2,740 | | | | 2,717 | | | Bank of Nanjing North Bund Branch(ii) | | | 3.50%-4.50 | % | | March to October,2026 | | | 1,370 | | | | 2,145 | | | Shanghai Rural Commercial Bank Co., Ltd. Huangpu Branch(i) | | | 3.95 | % | | May to June,2026 | | | - | | | | 2,145 | | | Bank of Beijing Shanghai Branch(i) | | | 3.00 | % | | September,2026 | | | 2,740 | | | | 1,430 | | | China Minsheng Bank Co., LTD. Shanghai branch(i) | | | 2.95 | % | | July,2026 | | | 2,055 | | | | 1,430 | | | Bank of Beijing Shanghai Branch(ii) | | | 3.00%-3.10 | % | | February to September,2026 | | | 1,370 | | | | 1,430 | | | Bank of Beijing Shanghai Branch | | | 3.00 | % | | December,2026 | | | 1,370 | | | | 1,430 | | | Bank of China Limited Shanghai Zhabei branch(ii) | | | 2.60 | % | | September to November,2026 | | | 1,370 | | | | 1,430 | | | Huangpu Branch of Bank of Shanghai(i) | | | 3.50 | % | | March,2026 | | | 1,370 | | | | 1,430 | | | Agricultural Bank of China Co., LTD. Shanghai Minhang branch(ii) | | | 2.75 | % | | November,2026 | | | 1,370 | | | | 1,430 | | | Guangfa Bank Co., LTD. Shanghai branch(ii) | | | 3.70 | % | | February,2026 | | | 959 | | | | 1,430 | | | China CITIC Bank Shanghai Pudian Road Branch | | | 4.00 | % | | March to June,2026 | | | 1,370 | | | | 1,416 | | | Huaxia Bank Shanghai Branch Sales Department | | | 3.95 | % | | September to October, 2025 | | | 13,700 | | | | - | | | Putuo Branch of Shanghai Pudong Development Bank(i) | | | 4.30 | % | | May, 2025 | | | 4,110 | | | | - | | | Bank of Dalian Shanghai Jing'an Sub-branch(i) | | | 4.80 | % | | December, 2025 | | | 4,110 | | | | - | | | China Merchants Bank Shanghai Damuqiao Branch(ii) | | | 3.60 | % | | May, 2025 | | | 1,356 | | | | - | | | Total short-term borrowings | | | | | | | | $ | 83,597 | | | $ | 80,394 | | | Long-term borrowing, current | | | | | | | | | | | | | | | | Wenzhou Bank Co., Ltd. Shanghai Putuo Branch(i) | | | 4.99 | % | | February to August,2026 | | $ | - | | | $ | 71 | | | Long-term borrowing, non-current | | | | | | | | | | | | | | | | Wenzhou Bank Co., Ltd. Shanghai Putuo Branch(i) | | | 4.99 | % | | October,2028 | | | - | | | | 1,358 | | | Total long-term borrowing | | | | | | | | $ | - | | | $ | 1,429 | | | (i) | As of December 31, 2024 and 2025, the bank borrowings of $54,019 and $64,105 were guaranteed by SunCar Online, one of subsidiaries of the Group. |
| (ii) | As of December 31, 2024 and 2025, the bank borrowings of $9,165 and $10,725 were guaranteed by Shengda Automobile, one of subsidiaries of the Group. |
|