AIHS

Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development

Retrieved on: 
Thursday, February 22, 2024

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") company focused on providing group purchasing services for local lifestyle merchants and the training and incubation of store-exploring influencers.

Key Points: 
  • Pursuant to the Agreement signed on February 20, 2024, Zecheng and Daren Duoduo will jointly develop an AI-driven application called "Thinking Cell."
  • Thinking Cell is designed to provide customized operation support and services to local lifestyle merchants in their promotional and sales efforts, and to online ride-hailing drivers who Senmiao serves on its platform.
  • Utilizing existing AI models, Senmiao will provide the technological support for the development of the AI application with a focus on customization, and Daren Duoduo will be responsible for the comprehensive operation of Thinking Cell.
  • It is expected that Thinking Cell will support Senmiao's SMS promotional campaigns and enable Senmiao's drivers to provide customized services for their customers.

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

Retrieved on: 
Friday, January 26, 2024

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.

Key Points: 
  • 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.
  • Since the launch of Senmiao's online ride-hailing platform in October 2020, more than 26.2 million rides have been completed using its own platform.
  • The table below presents approximate unaudited operating metrics of Senmiao and its affiliates' online ride-hailing platform since the launch in October 2020.

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

Retrieved on: 
Wednesday, December 13, 2023

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.

Key Points: 
  • 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.
  • Since the launch of Senmiao's online ride-hailing platform in October 2020, approximately 25.8 million rides have been completed using its own platform.
  • The table below presents approximate unaudited operating metrics of Senmiao and its affiliates' online ride-hailing platform since the launch in October 2020.

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

Retrieved on: 
Wednesday, November 22, 2023

CHENGDU, China, Nov. 22, 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 October 2023.

Key Points: 
  • CHENGDU, China, Nov. 22, 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 October 2023.
  • In October 2023, Senmiao and its affiliates recorded 0.57 million total completed orders, compared to 0.61 million total orders completed in September 2023.
  • Since the launch of Senmiao's online ride-hailing platform in October 2020, approximately 25.4 million rides have been completed using its own platform.
  • The table below presents approximate unaudited operating metrics of Senmiao and its affiliates' online ride-hailing platform since the launch in October 2020.

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

Retrieved on: 
Monday, October 23, 2023

CHENGDU, China, Oct. 23, 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 September 2023.

Key Points: 
  • CHENGDU, China, Oct. 23, 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 September 2023.
  • In September 2023, Senmiao and its affiliates recorded 0.61 million total completed orders, compared to 0.62 million total orders completed in August 2023.
  • Since the launch of Senmiao's online ride-hailing platform in October 2020, more than 25.0 million rides have been completed using its own platform.
  • The table below presents approximate unaudited operating metrics of Senmiao and its affiliates' online ride-hailing platform since the launch in October 2020.

Senmiao Technology Announces Signing of Strategic Cooperation Agreement with Heilongjiang Kunrui Financing Guarantee

Retrieved on: 
Thursday, September 28, 2023

Kunrui provides financing guarantee services for new energy vehicles used in online ride-hailing and is a major financing and guarantee company incorporated in Heilongjiang Province serving automobile rental companies across the country.

Key Points: 
  • Kunrui provides financing guarantee services for new energy vehicles used in online ride-hailing and is a major financing and guarantee company incorporated in Heilongjiang Province serving automobile rental companies across the country.
  • Pursuant to the agreement, Kunrui will provide Senmiao with financial resources in new energy vehicle financing and auto insurance installment services, leveraging its chartered financial qualifications.
  • Senmiao will introduce Kunrui to its new energy vehicle dealership partners and provide access to its auto financing technologies.
  • Senmiao and Kunrui will also work together to support auto dealers focusing on online ride-hailing vehicles with Kunrui providing auto financing and insurance installment services to Senmiao's dealer partners.

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

Retrieved on: 
Thursday, September 14, 2023

CHENGDU, China, Sept. 14, 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 August 2023.

Key Points: 
  • CHENGDU, China, Sept. 14, 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 August 2023.
  • In August 2023, Senmiao and its affiliates recorded 0.62 million total completed orders, compared to 0.69 million total orders completed in July 2023.
  • Since the launch of Senmiao's online ride-hailing platform in October 2020, more than 24.6 million rides have been completed using its own platform.
  • The table below presents approximate unaudited operating metrics of Senmiao and its affiliates' online ride-hailing platform since the launch in October 2020.

Senmiao Technology Announces Signing of Strategic Cooperation Agreement with Zhongfu Wuyou Shenzhen Technology

Retrieved on: 
Friday, September 8, 2023

Pursuant to the agreement, Zhongfu Wuyou will provide Senmiao with the necessary regulatory qualifications to operate its online ride-hailing platform in Shenzhen and other cities across the country.

Key Points: 
  • Pursuant to the agreement, Zhongfu Wuyou will provide Senmiao with the necessary regulatory qualifications to operate its online ride-hailing platform in Shenzhen and other cities across the country.
  • Senmiao will provide operational support for Zhongfu Wuyou in Shenzhen, including support and assistance in online ride-hailing platform technologies, system and driver management solutions for airport transportation services, chartered bus services, and intercity carpool services.
  • Senmiao and Zhongfu Wuyou expect to initiate strategic cooperation in the aforementioned areas where Zhongfu Wuyou has a business focus, as well as in smart manufacturing and new material technology development, innovation and development of new energy technology applications, development of a microgrid energy security management system.
  • Xi Wen, Senmiao's Chairman and Chief Executive Officer stated, "We are pleased to have garnered the support of Zhongfu Wuyou, a recognized state-owned enterprise, enabling Senmiao's online ride-hailing platform services business to enter the key market of Shenzhen.

Senmiao Technology Provides Transportation Services for 2023 Summer World University Games in Chengdu

Retrieved on: 
Friday, August 4, 2023

CHENGDU, China, Aug. 4, 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 that the Company's operating subsidiary, Chengdu Jiekai Technology Co., Ltd. ("Jiekai") is providing transportation services for the 2023 Summer World University Games ("World University Games"), taking place in Chengdu, Sichuan Province from July 28th to August 8th, 2023.

Key Points: 
  • CHENGDU, China, Aug. 4, 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 that the Company's operating subsidiary, Chengdu Jiekai Technology Co., Ltd. ("Jiekai") is providing transportation services for the 2023 Summer World University Games ("World University Games"), taking place in Chengdu, Sichuan Province from July 28th to August 8th, 2023.
  • Jiekai signed a service contract with Sichuan Hongyang Xiwang Automobile Sales Service Co., Ltd. ("Hongyang Xiwang"), pursuant to which Jiekai provides designated transportation services, including both vehicles and drivers, for the World University Games.
  • Xi Wen, Senmiao's Chairman and Chief Executive Officer, stated, "We are excited to be one of the transportation providers supporting the World University Games, a global event that welcomes student athletes from 120 countries and regions.
  • We are committed to serving athletes and event staff at the World University Games and contributing to a successful event in our core market of Chengdu."

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

Retrieved on: 
Wednesday, July 19, 2023

CHENGDU, China, July 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 June 2023.

Key Points: 
  • CHENGDU, China, July 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 June 2023.
  • In June 2023, Senmiao and its affiliates recorded more than 0.7 million total completed orders, compared to approximately 0.8 million total orders completed in May 2023.
  • Since the launch of Senmiao's online ride-hailing platform in October 2020, approximately 23.8 million rides have been completed using its own platform.
  • The table below presents approximate unaudited operating metrics of Senmiao and its affiliates' online ride-hailing platform since the launch in October 2020.