Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. Its services include the facilitation of automobile transaction and financing, connecting ride-hailing drivers to financial institutions to buy, or get financing on the purchase of, cars to be used to provide ride-hailing services. The company is also involved in the sale of automobiles; and provision of auto finance services. Senmiao Technology has strategic cooperation with Gaode Map for utilization in ride sharing initiatives. Senmiao Technology Limited was incorporated in 2017 and is based in Chengdu, the People's Republic of China.
IPO Year: 2018
Exchange: NASDAQ
Website: senmiaotech.com
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Chengdu, China, July 24, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited ("Senmiao" or the "Company") (NASDAQ:AIHS) reported that it expects to implement a 1-for-10 reverse stock split (the "Reverse Stock Split") on its common stock, par value $0.0001 per share (the "Common Stock") effective Tuesday, July 29, 2025, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the Common Stock will continue on the Nasdaq Stock Market under the symbol "AIHS". The new CUSIP number for the Common Stock following the Reverse Stock Split is 817225303. The Reverse Stock Split at a ratio of 1-for-10 was approved by the Company's Board of Directors. Upon the effe
CHENGDU, China, June 13, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited ("Senmiao" or the "Company") (NASDAQ:AIHS), a financing and servicing company focused on the online ride-hailing industry in China, today announced that it has signed a strategic cooperation agreement (the "Agreement") with Changsha Yipeng Information Technology Co., Ltd. ("Changsha Yipeng") to jointly develop an AI-backed data management system aiming to improve efficiency of online ride-hailing management platforms. Changsha Yipeng has over a decade of experience in developing integrated AI-based information systems, big data, and cloud platforms for government and private entities in China, across a variety
CHENGDU, China, June 12, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited ("Senmiao" or the "Company") (NASDAQ:AIHS), a financing and servicing company focused on the online ride-hailing industry in China, today announced that it has signed a strategic cooperation agreement (the "Agreement") with Qinhong International Group ("Qinhong"). Since its incorporation in 2013, Qinhong has provided financing facilitation support, financial services referral and loan consulting services, primarily to small and medium-sized enterprises ("SMEs") and other financial institutions in Southwest China. Pursuant to the Agreement, leveraging both companies' existing business relationships and custom
CHENGDU, China, March 28, 2024 /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 it has received a letter from the Nasdaq Listing Qualifications Staff, dated March 26, 2024, notifying the Company that it has regained compliance with the minimum bid price requirement under the Listing Rules of The Nasdaq Stock Market. The letter noted that as a result of the closing bid price of the Company's common stock having been at $1.00 per share or greater for 20 consecutive business days, from Fe
Companies to Explore Creation and Deployment of AI-Driven Support and Service Application for Senmiao's Drivers with Chengdu Daren Duoduo Culture Media CHENGDU, China, Feb. 22, 2024 /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 operating subsidiary Sichuan Senmiao Zecheng Business Consulting Co., Ltd. ("Zecheng"), has signed a strategic cooperation agreement (the "Agreement") with Chengdu Daren Duoduo Culture Media Co., Ltd. ("Daren Duoduo"), a MCN ("Multi-Channel Network") comp
CHENGDU, China, Feb. 20, 2024 /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 the Company's operating subsidiary Hunan Xixingtianxia Technology Co., Ltd. ("XXTX"), received a Triple-A rating in the service quality and reputation assessment (the "assessment") in Changsha, one of Senmiao's key cities of operation. The Changsha Urban Public Transportation Affairs Center conducted the annual assessment which included centralized examination ratings and comprehensive daily assessment of a
CHENGDU, China, Feb. 12, 2024 /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 2024 third quarter ended December 31, 2023. Fiscal 2024 Third Quarter Financial and Operating Highlights Total revenues of $1.6 million compared to $1.7 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services, which was partially offset by increased revenues from the automobile rental business.Loss from operations narrowed to $1.1 million,
CHENGDU, China, Jan. 26, 2024 /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 2023. In December 2023, Senmiao and its affiliates recorded approximately 0.55 million total completed orders, a 13.6% increase from 0.48 million total orders completed in November 2023. The increase was primarily a result of the recent strategic cooperation with Anhui Lianma Technology ("Lianma"). Numbers reported
CHENGDU, China, Jan. 19, 2024 /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 the Company's operating subsidiary Hunan Xixingtianxia Technology Co., Ltd., and its subsidiaries, Haikou Xixingtianxia Technology Co., Ltd., and Chengdu Xixingtianxia Technology Co., Ltd., have signed a strategic cooperation agreement (the "Agreement") with Anhui Lianma Technology Co., Ltd ("Lianma"), a company with extensive experience in online ride-hailing platform operation in multiple cities in China.
CHENGDU, China, Dec. 13, 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 November 2023. In November 2023, Senmiao and its affiliates recorded more than 0.48 million total completed orders, compared to approximately 0.57 million total orders completed in October 2023. The decrease was primarily a result of reduced demand for online ride-hailing services in a softer economic environment, as well as t
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