Senmiao Technology Announces Signing of New Agreement with BYD Affiliate for Leasing of Electric Vehicles
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, Aug. 25, 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 Corenel Technology Ltd. ("Corenel") has signed an agreement with Guangzhou Wanjun Automobile Leasing Ltd. ("Wanjun"), an affiliate of BYD Company Limited ("BYD"(HK:1211 and SZSE: 002594)), to lease another 100 BYD electric vehicles ("EVs") from Wanjun for Senmiao's online ride-hailing business in Guangzhou. Senmiao leased an initial 98 EVs from Wanjun in 2021. As of July 31, 2022, Senmiao has 248 EVs as part of its operations in Guangzhou, including the 198 leased from Wanjun.In accordance with the leasing agreements, Senmiao has leased a total of 198 BYD EVs from Wanjun with a set monthly leasing fee and a one-time deposit fee per vehicle to operate as part of Se
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- Senmiao Technology Regains Compliance with Nasdaq Minimum Bid Price Listing RequirementPR Newswire
- Hut 8, Iris Energy among financial movers [Seeking Alpha]Seeking Alpha
- Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development [Yahoo! Finance]Yahoo! Finance
- Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application DevelopmentPR Newswire
AIHS
Sec Filings
- 4/24/24 - Form 8-K
- 3/28/24 - Form 8-K
- 3/7/24 - Form DEF
- AIHS's page on the SEC website