Senmiao Technology Announces Signing of Strategic Cooperation Agreement with Zhongfu Wuyou Shenzhen Technology

CHENGDU, China, Sept. 8, 2023 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that the Company's operating subsidiary Hunan Xixingtianxia Technology Co., Ltd. ("XXTX"), through its subsidiary Chengdu Xixingtianxia Technology Co., Ltd., has signed a strategic cooperation agreement with Zhongfu Wuyou (Shenzhen) Technology Co., Ltd. ("Zhongfu Wuyou"), a state-owned enterprise that invests in multiple areas including online ride-hailing platforms for new energy vehicles, manufacturing of new energy vehicles, vehicle financing and smart batteries, with operations in major cities and provinces across China including Beijing, Shanghai, Zhejiang Province, Shandong Province and others.

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