AIHS

Senmiao Technology Limited operates as a holding company that provides automobile transaction and related services in China through its subsidiaries. Headquartered in Chengdu, China, the company focuses on facilitating online ride-hailing platforms by offering automobile purchase solutions and financing facilitation services to ride-hailing drivers. AIHS operates primarily through its Sichuan Senmiao Ronglian Technology Co., Ltd. subsidiary, which manages an online platform connecting drivers with automobile resources, insurance products, and financing options tailored to the ride-hailing industry. The company's business model centers on generating revenue through service fees, commissions, and interest income from facilitating automobile financing and leasing arrangements. Senmiao partners with financial institutions and automobile dealers to provide comprehensive transaction services, including loan facilitation, insurance brokerage, and vehicle licensing assistance. The company positions itself as a bridge between China's expanding ride-hailing market and the financial services sector. In recent years, AIHS has faced regulatory challenges affecting China's ride-hailing industry, prompting strategic adjustments to its operations. The company has explored diversification opportunities while maintaining its core focus on automobile transaction services. As a micro-cap company listed on NASDAQ, Senmiao experiences significant trading volatility and operates in a competitive landscape dominated by larger Chinese fintech and automotive service platforms.