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

Senmiao Technology Reports Fiscal 2023 Third Quarter Financial Results

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

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

CHENGDU, China, December 16, 2022&nbsp;– 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, <a name="_Hlk65763294"></a>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. (“Fire Spider Data Network”) to expand vehicle resources and promote Senmiao’s online ride-hailing platform in Changsha. Fire Spider Data Network is a technology service company integrating finance, e-commerce and supply chain.&nbsp;Pursuant to the contract, Senmiao authorizes Fire Spider Data Network to be its franchise operating partner, effective November 16, 2022. Fire Spider Data Network will support Senmiao in its expansion of vehicle resources and promotion of Senmiao’s ride-hailing platform in Changsha, one of Senmiao’s key cities. Fire Spider Data Network will pay a one-time franchise fee to Senmiao, and Senmiao will pay commission fees based on the actual amount of operational income accrued by Fire Spider Data Network’s recruited vehicles on a monthly basis. The contract expires on November 16, 2023, on which day it will automatically renew for a one-year period, subject to early termination by Senmiao in case Fire Spider Data Network fails to fulfill its obligations under the contract.&nbsp;Xi Wen, Senmiao’s Chairman and Chief Executive Officer, stated, “We are pleased to be working with Fire Spider Data Network as our first franchise partner, expanding our presence in Changsha through this new cooperation model. As COVID-19-related travel restrictions and local lockdowns have gradually lifted across the country in December, we have observed a steady increase in the number of daily completed orders on Senmiao’s ride-hailing platform. We believe this new cooperation model will enable us to more quickly and efficiently expand our vehicle and driver base to the benefit of our ride-hailing platform. We look forward to establishing more partnerships in key cities and remain optimistic about the opportunities ahead.” &nbsp;About Senmiao Technology Limited Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchases and financing, management, operating leases, guarantees and other automobile transaction services, as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: <a href="http://www.senmiaotech.com/" target="_blank">http://www.senmiaotech.com</a>. Senmiao routinely provides important updates on its website.&nbsp;Cautionary Note Regarding Forward-Looking Statements&nbsp;This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao’s ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.&nbsp;&nbsp;For more information, please contact:&nbsp;At the Company:Yiye ZhouEmail: <a href="mailto:edom333@ihongsen.com" target="_blank">edom333@ihongsen.com</a> Phone: +86 28 6155 4399&nbsp;Investor Relations:The Equity Group Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In ChinaCarolyne Sohn, Vice President&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lucy Ma, Associate+1 408-538-4577&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +86 10 5661 7012<a href="mailto:csohn@equityny.com" target="_blank">csohn@equityny.com</a>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a href="mailto:lma@equityny.com" target="_blank">lma@equityny.com</a>&nbsp; &nbsp;Alice Zhang, Associate+1 212-836-9610<a href="mailto:azhang@equityny.com" target="_blank">azhang@equityny.com</a>&nbsp;© 2022 Senmiao Technology Ltd. All rights reserved.

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

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

CHENGDU, China, December 8, 2022&nbsp;– 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, <a name="_Hlk65763294"></a>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. (“Huicheng Future”), a wholly owned subsidiary of <a href="http://www.hifuture.com/" target="_blank">Shenzhen Hifuture Information Technology Co., Ltd.</a> (“Hifuture”), a company listed on Shenzhen Stock Exchange (Stock Code: 002168) since 2007. &nbsp;Huicheng Future specializes in Internet of Energy and related infrastructure, including the manufacture of smart electrical facilities and equipment, production and operation of charging piles, and construction and operation of charging infrastructure for new energy vehicles. Huicheng Future possesses extensive experience in the research and development of charging piles, construction and operation of charging stations, and the building and daily operations of regional charging infrastructure. Huicheng Future aims to become a leader in the new energy industry through its innovative technologies. &nbsp;Pursuant to the agreement, Senmiao and Huicheng Future will begin collaboration on a new energy vehicle (“NEV”) charging business by promoting the construction of new energy charging infrastructure in cities where Senmiao operates across China. Huicheng Future will provide Senmiao with favorable prices on equipment, construction and operations consulting services, equipment after-sales services, charging station construction, and technology upgrade and maintenance, among other services. Senmiao will prioritize selection and purchasing of charging station equipment from Huicheng Future and encourage its NEV drivers to utilize Huicheng’s charging infrastructure. &nbsp;Xi Wen, Senmiao’s Chairman and Chief Executive Officer, stated: “We are pleased with this strategic cooperation agreement with Hifuture’s subsidiary, Huicheng Future. Hifuture has operated for over 20 years, with one of its two core businesses being new energy charging pile solutions. Senmiao is excited by this opportunity to further expand its business into the new energy vehicle industry, which would further support our drivers in addition to our existing vehicle rental and ride-hailing businesses. This agreement aligns with and strengthens our strategic expansion in the NEV industry, including the recently announced cooperation <a href="http://senmiaotechir.com/news/info?id=1575494069835640832&cata=0" target="_blank">with new energy vehicle leasing and charging station operators in Guangzhou</a> and in <a href="http://senmiaotechir.com/news/info?id=1585723931007496192&cata=0" target="_blank">Sichuan Province</a>. We look forward to working closely with Huicheng Future and are confident that this new business will further solidify Senmiao’s offerings and contribute to revenue growth.” &nbsp;About Senmiao Technology Limited Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchases and financing, management, operating leases, guarantees and other automobile transaction services, as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: <a href="http://www.senmiaotech.com/" target="_blank">http://www.senmiaotech.com</a>. Senmiao routinely provides important updates on its website.&nbsp;Cautionary Note Regarding Forward-Looking Statements&nbsp;This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao’s ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.&nbsp;&nbsp;For more information, please contact:&nbsp;At the Company:Yiye ZhouEmail: <a href="mailto:edom333@ihongsen.com" target="_blank">edom333@ihongsen.com</a> Phone: +86 28 6155 4399&nbsp;Investor Relations:The Equity Group Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In ChinaCarolyne Sohn, Vice President&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lucy Ma, Associate+1 408-538-4577&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +86 10 5661 7012<a href="mailto:csohn@equityny.com" target="_blank">csohn@equityny.com</a>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a href="mailto:lma@equityny.com" target="_blank">lma@equityny.com</a>&nbsp; &nbsp;Alice Zhang, Investor Relations Analyst+1 212-836-9610<a href="mailto:azhang@equityny.com" target="_blank">azhang@equityny.com</a>&nbsp;© 2022 Senmiao Technology Ltd. All rights reserved.

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

Senmiao Technology Reports Fiscal 2023 Second Quarter Financial Results

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

CHENGDU, China, November 2, 2022&nbsp;-- 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, <a name="_Hlk65763294"></a>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. (“Global Sharing Chengdu”), a wholly owned subsidiary of <a href="https://www.gcsrental.com/home/intro/index_en.html" target="_blank">Global Car Sharing &amp; Rental Co., Ltd. (“Global Car Sharing”)</a>. Global Car Sharing is an affiliate of SAIC Motor (“SAIC”), the largest auto company listed on China’s A-share market (Stock Code: 600104). &nbsp;Global Car Sharing specializes in the new energy vehicle (“NEV”) car sharing and rental business. Headquartered in Shanghai, Global Car Sharing was founded in 2016 by SAIC. &nbsp;Pursuant to the agreement, Senmiao and Global Sharing Chengdu will initiate a strategic cooperation that promotes an NEV online ride-hailing business, including but not limited to the rental and purchase of vehicles for online ride-hailing services. Global Sharing Chengdu will support Senmiao with ancillary financing services and regulatory consultation for Senmiao’s online ride-hailing operations in Chengdu. Senmiao agrees to prioritize selection of vehicles as specified by Global Sharing Chengdu for its online ride-hailing services business. &nbsp;The two parties are expected to initiate a cooperation in vehicle rental, buy-to-lease, and other financing and leasing options, under which more than 1,000 vehicles could be delivered to Senmiao by the end of 2023, if the cooperation proceeds smoothly and market conditions remain stable. These purchasing activities will be specified in detailed contracts in the future. In the event the delivery of the agreed upon number of vehicles is completed, Senmiao may receive additional benefits as Global Sharing Chengdu’s business partner, which may include Global Sharing Chengdu becoming a premium source of vehicles, a more favorable rent deposit requirement and/or introduction of a credit line to the Company. &nbsp;Xi Wen, Senmiao’s Chairman and Chief Executive Officer stated, “We are pleased to have signed this strategic cooperation agreement with Global Sharing Chengdu, a company that is backed by the reputation and resources of SAIC. Global Car Sharing shares our mission of promoting a national ride-sharing market, and we are delighted to become partners in our key city of Chengdu, exploring ways in which both businesses can expand their growth. We believe this cooperation represents an exciting opportunity for Senmiao to increase our market share and brand recognition in Chengdu, and we look forward to potential future opportunities this relationship may present down the road.” &nbsp;About Senmiao Technology Limited Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchases, financing, management, operating leases, guarantees and other automobile transaction services as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: <a href="http://www.senmiaotech.com/" target="_blank">http://www.senmiaotech.com</a>. Senmiao routinely provides important updates on its website.&nbsp;Cautionary Note Regarding Forward-Looking Statements&nbsp;This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao’s ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.&nbsp;&nbsp;For more information, please contact:&nbsp;At the Company:Yiye ZhouEmail: <a href="mailto:edom333@ihongsen.com" target="_blank">edom333@ihongsen.com</a> Phone: +86 28 6155 4399&nbsp;Investor Relations:The Equity Group Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In ChinaCarolyne Sohn, Vice President&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lucy Ma, Associate+1 408-538-4577&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +86 10 5661 7012<a href="mailto:csohn@equityny.com" target="_blank">csohn@equityny.com</a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a href="mailto:lma@equityny.com" target="_blank">lma@equityny.com</a> &nbsp;© 2022 Senmiao Technology Ltd. All rights reserved.

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