Senmiao Technology

Senmiao Technology Ltd. is a holding company, which engages in the provision of automobile transaction and related services focusing on the ride-hailing industry. It also provides auto finance solutions through financing leases, car rental services to individual customers. It operates through the Automobile Transaction and Related Services, and the Online Ride-Hailing Platform Services segments. The company was founded in May 2014 and is headquartered in Chengdu, China.

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CHENGDU, China , Feb. 9, 2023 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of January 2023. In January 2023, Senmiao and its affiliates recorded approximately 0.6 million total completed orders, compared to approximately 0.7 million total orders completed in December 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for January 2023

CHENGDU, China , Jan. 19, 2023 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of December 2022. In December 2022, Senmiao and its affiliates recorded approximately 0.7 million total completed orders, compared to approximately 0.8 million total orders completed in November 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for December 2022

CHENGDU, China , Dec. 16, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Hunan Xixingtianxia Technology Co., Ltd. has signed a contract to establish a cooperation with Changzhou Fire Spider Data Network Technology Co., Ltd.

Senmiao Technology Establishes Cooperation with First Franchise Partner to Expand Vehicle Resources and Promote Online Ride-hailing Platform in Changsha

CHENGDU, China , Dec. 14, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of November 2022. In November 2022, Senmiao and its affiliates reported approximately 0.8 million total completed orders, compared to over 0.9 million total orders completed in October 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for November 2022

CHENGDU, China , Dec. 8, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Sichuan Senmiao Zecheng Business Consulting Co., Ltd. has signed a strategic cooperation agreement with Chongqing Huicheng Future Intelligent Electrical Co., Ltd.

Senmiao Technology Signs Strategic Cooperation Agreement with New Energy Infrastructure Provider to Further Expand into New Energy Vehicle Charging Industry

CHENGDU, China , Nov. 14, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced financial results for its fiscal 2023 second quarter ended September 30, 2022. Please note that the financial figures of Senmiao's former variable interest entities ("VIEs") Sichuan Senmiao Ronglian Technology Co., Ltd.

Senmiao Technology Reports Fiscal 2023 Second Quarter Financial Results

CHENGDU, China , Nov. 8, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of October 2022. In October 2022, Senmiao and its affiliates reported over 0.9 million total completed orders, a 71.6% increase from over 0.5 million total orders completed in September 2022, as a result of online ride-hailing service restrictions being lifted following their suspension in Chengdu in the first half of September 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for October 2022

CHENGDU, China , Nov. 2, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Sichuan Senmiao Zecheng Business Consulting Co., Ltd. has signed a strategic cooperation agreement with Global Sharing Chengdu Automobile Leasing Co., Ltd.

Senmiao Technology Announces Signing of Strategic Cooperation Agreement with SAIC Affiliate, A Provider of New Energy Vehicle Rental & Leasing Services

CHENGDU, China , Oct. 27, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Chengdu Xixingtianxia Technology Co., Ltd. ("XXTX") has signed an agreement with Sichuan Qingzhuang New Energy Ltd.

Senmiao Technology Announces Signing of Cooperation Agreement with Sichuan Province New Energy Vehicle Charging Services Provider

CHENGDU, China , Oct. 12, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of September 2022. In September 2022, Senmiao and its affiliates reported over 0.5 million total completed orders, which compared to over 1.0 million total orders completed in August 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for September 2022

CHENGDU, China , Sept. 29, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Chengdu Xixingtianxia Technology Co., Ltd.

Senmiao Technology Announces Signing of Cooperation Agreement with New Energy Vehicle Leasing and Charging Station Operator in Guangzhou

CHENGDU, China , Sept. 27, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Chengdu Xixingtianxia Technology Co., Ltd.

Senmiao Technology Announces Signing of Agreement for Additional Online Ride-hailing Vehicle and Driver Resources in Guangzhou

CHENGDU, China , Sept. 15, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Chengdu Xixingtianxia Technology Co., Ltd.

Senmiao Technology Announces Signing of Agreement with SOE Affiliate for Online Ride-hailing Vehicle and Driver Resources in Chengdu

CHENGDU, China , Sept. 7, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of August 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for August 2022

CHENGDU, China , Aug. 25, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly-owned subsidiary Chengdu Corenel Technology Ltd. ("Corenel") has signed an agreement with Guangzhou Wanjun Automobile Leasing Ltd.

Senmiao Technology Announces Signing of New Agreement with BYD Affiliate for Leasing of Electric Vehicles

CHENGDU, China , Aug. 18, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in two cities: Tianjin, China, and Foshan, Guangdong Province. Senmiao launched its online ride-hailing platform in Tianjin and Foshan in late July 2022.

Senmiao Technology Launches Ride-Hailing Platform in Tianjin and Foshan

CHENGDU, China , Aug. 15, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced financial results for its fiscal 2023 first quarter ended June 30, 2022. Please note that the financial figures of Senmiao's former variable interest entities ("VIEs") Sichuan Senmiao Ronglian Technology Co., Ltd.

Senmiao Technology Reports Fiscal 2023 First Quarter Financial Results

CHENGDU, China , Aug. 9, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of July 2022. In July 2022, Senmiao and its affiliates reported over 0.97 million total completed orders, a 5.6% increase from over 0.92 million total orders completed in June 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for July 2022

CHENGDU, China , July 20, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of June 2022. In June 2022, Senmiao and its affiliates reported over 0.92 million total completed orders, a 1.7% decrease from over 0.93 million total orders completed in May 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for June 2022

CHENGDU, China , July 14, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced financial results for the fiscal year ended March 31, 2022. Please note that the following financial results reflect the deconsolidation of the financial figures of Senmiao's former variable interest entities ("VIEs") Sichuan Senmiao Ronglian Technology Co., Ltd.

Senmiao Technology Reports Fiscal 2022 Year-end Financial Results

CHENGDU, China , July 5, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in Harbin, the capital of Heilongjiang Province. Senmiao launched its online ride-hailing platform in Harbin on June 30, 2022.

Senmiao Technology Launches Ride-Hailing Platform in Harbin, the Capital of Heilongjiang Province

CHENGDU, China , June 23, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in Guiyang, the capital of Guizhou Province. A total of over 2300 rides have been completed in Guiyang on Senmiao's online ride-hailing platform since it was launched on June 14, 2022.

Senmiao Technology Launches Ride-Hailing Platform in Guiyang, the Capital of Guizhou Province

CHENGDU, China , June 9, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of May 2022. In May 2022, Senmiao and its affiliates reported over 0.93 million total completed orders, a 7.8% increase from approximately 0.87 million total orders completed in April 2022.

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for May 2022

CHENGDU, China , May 25, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced that its wholly-owned subsidiary, Hunan Xixingtianxia Technology Co., Ltd. ("XXTX") has entered into an agreement with Zhejiang Feizhu Network Technology Co., Ltd.

Senmiao Technology Announces Business Cooperation with Online Travel Platform Fliggy, an Alibaba Affiliate

Trip.com

CHENGDU, China , May 20, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced that its wholly-owned subsidiary Hunan Xixingtianxia Technology Co., Ltd. ("XXTX") has entered into an agreement with Shanghai Huacheng Southwest International Travel Agency Co., Ltd.

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