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SunCar Technology names Eric H. Zhang as CFO

SunCar Technology Group Inc. restructured its finance leadership and key board committees with a new CFO and a new independent director.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

SunCar Technology Group Inc. (SDA) reported senior leadership and board changes. Effective September 16, 2026, Chief Financial Officer and director Bohong Du resigned from all his positions for personal reasons, and the company states his resignation did not involve any disagreement regarding operations, policies, or practices.

Effective September 18, 2026, Eric H. Zhang was appointed Chief Financial Officer. In connection with this change, he ceased to serve as an independent director and as a member of the Audit Committee, Chair of the Compensation Committee, and Chair and member of the Nominating and Corporate Governance Committee, but continues as a non-independent director. On the same date, Xuefeng Qian was appointed as an independent director, joining the Audit Committee and becoming Chair of both the Compensation Committee and the Nominating and Corporate Governance Committee.

Positive

  • None.

Negative

  • None.

Filing Explained

The filing adds that newly appointed independent director Xuefeng Qian will receive annual cash compensation of RMB120,000, approximately USD17,700; it also states that no reportable related-party transaction or appointment arrangement exists.

Effective date of CFO resignation September 16, 2026 Date when Bohong Du resigned as Chief Financial Officer and director
Effective date of new CFO and director changes September 18, 2026 Date when Eric H. Zhang became CFO and board/committee roles were reallocated
Independent director annual cash compensation RMB120,000.00 (approximately USD17,700.00) Total annual cash compensation for independent director Xuefeng Qian
Age of new independent director 63 years Age of independent director Xuefeng Qian at appointment
independent director regulatory
"appointed Mr. Xuefeng Qian as an independent director of the Company"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Audit Committee regulatory
"appointed as a member of the Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Compensation Committee regulatory
"Chair of the Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Nominating and Corporate Governance Committee regulatory
"Chair and member of the Nominating and Corporate Governance Committee"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What executive change did SunCar Technology Group Inc. (SDA) announce on this Form 6-K?

The company reported that Bohong Du resigned as Chief Financial Officer and director effective September 16, 2026, for personal reasons, and that his resignation was not due to any disagreement with the company’s operations, policies, or practices.

Who is the new CFO of SunCar Technology Group Inc. (SDA) and when did he assume the role?

Eric H. Zhang was appointed Chief Financial Officer effective September 18, 2026. He ceased to serve as an independent director but continues as a non-independent director of the company after this appointment.

How did the board committee roles change at SunCar Technology Group Inc. (SDA)?

Effective September 18, 2026, Eric H. Zhang left the Audit Committee, and stepped down as Chair of the Compensation Committee and Chair and member of the Nominating and Corporate Governance Committee. Xuefeng Qian became a member of the Audit Committee and Chair of both other committees.

Who is the new independent director at SunCar Technology Group Inc. (SDA)?

Xuefeng Qian, age 63, was appointed as an independent director effective September 18, 2026. He also joined the Audit Committee and became Chair of the Compensation Committee and the Nominating and Corporate Governance Committee of the board.

What compensation will the new independent director of SDA receive?

Xuefeng Qian will receive total annual compensation of RMB120,000.00 (approximately USD17,700.00) in cash for his service as an independent director and committee chair at SunCar Technology Group Inc.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-41706

 

SunCar Technology Group Inc.
(Translation of registrant’s name into English)

 

c/o Shanghai Feiyou Trading Co., Ltd.

Suite 209, No. 656 Lingshi Road

Jing’an District, Shanghai, 200072

People’s Republic of China

Tel: (86) 138-1779-6110

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F       Form 40-F

 

 

 

 

SunCar Technology Group Inc., a Cayman Islands exempted company, incorporated under the laws of the Cayman Islands (the “Company”), furnishes under the cover of Form 6-K the following:

 

Resignation of Director and Chief Financial Officer

 

Effective September 16, 2026, Mr. Bohong Du, the Chief Financial Officer and a director of the Company, resigned from all his positions with the Company above referenced.

 

Mr. Bohong Du’s resignation was due to personal reasons and was not a result of any disagreements with the Company on any matter relating to its operations, policies, or practice.

 

Appointment of New Chief Financial Officer and Change in Director Status

 

Effective September 18, 2026, the Company appointed Mr. Eric H. Zhang (“Mr. Zhang”), as the Chief Financial Officer of the Company. In connection with his appointment as the Chief Financial Officer, Mr. Zhang ceased to serve as an independent director of the Company but will continue to serve as a director of the Company in a non-independent capacity.

 

Effective as of the same date, Mr. Eric H. Zhang ceased to serve as a member of the Audit Committee, Chair of the Compensation Committee and Chair and member of the Nominating and Corporate Governance Committee of the board of directors of the Company (the “Board”).

 

Appointment of New Independent Director

 

Effective September 18, 2026, the Company appointed Mr. Xuefeng Qian (“Mr. Qian”) as an independent director of the Company. Mr. Qian was also appointed as a member of the Audit Committee and as Chair of each of the Compensation Committee and the Nominating and Corporate Governance Committee of the Board.

 

Mr. Qian, age 63, is the Chairman and founder of New Access Capital, which he established in 2003 and currently manages seven RMB funds. Since 2010, he has served as Chairman and General Manager of Shanghai Hanli Equity Investment Management Co., Ltd. and, since 2011, as Executive Director of Shanghai Hanli Qiongjing Investment Management Co., Ltd. Since 2024, Mr. Qian has also served as an independent director of Shanghai Bailian Group Co., Ltd. and, since 2014, has served as an independent director of Shanghai Ehai Car Rental Co., Ltd. Mr. Qian has received a number of industry recognitions for his work in private equity and venture capital, including honors as a leading young investor and venture investor in China. Mr. Qian received a Juris Doctor degree from Yale Law School, a master’s degree in political science from the University of California, Los Angeles, and an LL.B. degree from China Foreign Affairs University. He also attended the 24th EMBA Program of Cheung Kong Graduate School of Business.

 

Mr. Qian shall receive a total annual compensation in the amount of RMB120,000.00 (approximately USD17,700.00) in cash.

 

There are no family relationships between Mr. Qian and any director or other executive officer of the Company. There are no transactions between Mr. Qian or any member of his immediate families and the Company or any of its subsidiaries that would be reportable as a related party transaction under the rules of the Securities and Exchange Commission. Further, there is no arrangement or understanding between Mr. Qian and any other persons or entities pursuant to which Mr. Qian was appointed to his respective positions at the Company.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SunCar Technology Group Inc.
   
Date: September 22, 2026 By: /s/ Zaichang Ye
  Name: Zaichang Ye
  Title: Chief Executive Officer (Principal Executive Officer)

 

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