Senmiao Technology Announces Signing of Agreement with SOE Affiliate for Online Ride-hailing Vehicle and Driver Resources in Chengdu
Senmiao Technology Limited (AIHS)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/senmiao-technology-limited-announces-pricing-of-us120-million-firm-commitment-initial-public-offering-300615172.html
Company Research
Source: PR Newswire
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. ("XXTX") has signed an agreement with Chengdu Rongcheng Yueda Technology Ltd. ("Yueda"), an affiliate of Chengdu City Construction Investment & Management Group Co., Ltd. ("CDCI"), a state-owned enterprise ("SOE") in Chengdu with RMB160 billion in assets.Pursuant to the agreement, Yueda will utilize Senmiao's online ride-hailing platform to provide ride-hailing services by appointment in Chengdu, using its own vehicle and driver resources while remaining in compliance with relevant regulations. Yueda will be responsible for the management services of its own drivers. Senmiao will assign online ride orders to Yueda's drivers and
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AIHS
Sec Filings
- 3/28/24 - Form 8-K
- 3/7/24 - Form DEF
- 2/9/24 - Form 10-Q
- AIHS's page on the SEC website