Senmiao Technology Limited ("Senmiao Technology" or “the Company”) is an innovative, fast-growing service provider of automobile transactions and related services. The Company was incorporated in the State of Nevada, United States, on June 8, 2017.
The common stock of the company started trading on Nasdaq under the ticker symbol “AIHS” in March 2018.
Our auto business provides financial solutions by connecting auto dealers, financial institutions and consumers. With an extensive network in Sichuan and Hunan Province, particularly in the mega-cities of Chengdu and Changsha, our integrated service line capitalizes on the expanding ride-hailing market in second and third tier cities in mainland China.
The China operations are mainly managed through sub-enterprises of Senmiao Technology, namely Hunan Ruixi, a finance leasing company active in the automobile market, and Sichuan Jinkailong which is an automobile transaction and financial services provider specializing in the online ride-hailing market. Sichuan Jinkailong is also a cooperative partner of Didi Chuxing, a major transportation network company operating the largest ride-hailing platform in China. We strive to deliver best-in-class services to all ride-hailing drivers.
Leveraging the growing popularity of ride-hailing services in China, and the established reputations of Hunan Ruixi and Sichuan Jinkailong, our business has been growing steadily in the midst of rapid growth of the online ride-hailing and automobile financial leasing industry. The company is well positioned to explore numerous acquisition opportunities, quality mergers and expand on unique business propositions moving forward.