Senmiao Technology Ltd Price, Forecast, Insider, Ratings, Fundamentals & Signals

Chengdu, china , march 28, 2024 /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 it has received a letter from the nasdaq listing qualifications staff, dated march 26, 2024, notifying the company that it has regained compliance with the minimum bid price requirement under the listing rules of the nasdaq stock market. the letter noted that as a result of the closing bid price of the company's common stock having been at $1.00 per share or greater for 20 consecutive business days, from february 27, 2024 to march 25, 2024, the company has regained compliance with listing rule 5550(a)(2), and the matter is now closed.

Companies to explore creation and deployment of ai-driven support and service application for senmiao's drivers with chengdu daren duoduo culture media chengdu, china , feb. 22, 2024 /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 its operating subsidiary sichuan senmiao zecheng business consulting co., ltd. ("zecheng"), has signed a strategic cooperation agreement (the "agreement") with chengdu daren duoduo culture media co., ltd.

Chengdu, china , feb. 20, 2024 /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"), received a triple-a rating in the service quality and reputation assessment (the "assessment") in changsha, one of senmiao's key cities of operation.

Chengdu, china , feb. 12, 2024 /prnewswire/ -- senmiao technology limited ("senmiao") (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 financial results for its fiscal 2024 third quarter ended december 31, 2023. fiscal 2024 third quarter financial and operating highlights total revenues of $1.6 million compared to $1.7 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services, which was partially offset by increased revenues from the automobile rental business.

Chengdu, china , jan. 26, 2024 /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 the operating metrics for its proprietary online ride-hailing platform for the month of december 2023. in december 2023, senmiao and its affiliates recorded approximately 0.55 million total completed orders, a 13.6% increase from 0.48 million total orders completed in november 2023.

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The stock price of Senmiao Technology Ltd (NASDAQ: AIHS) increased by over 17% today. This is why it happened.

CHENGDU, China, Sept. 14, 2021 /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 the signing of a new contract with Shanghai Lutuan Technology, an affiliate of Meituan (HK: 3690), China's leading e-commerce platform for services focused on its "Food + Platform" strategy.

CHENGDU, China, Aug. 16, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced financial results for its fiscal 2022 first quarter ended June 30, 2021. Fiscal 2022 First Quarter Financial and Operating Highlights Total revenues of $1.9 million, an increase of approximately 61% from $1.1 million in the prior-year period, primarily as a result of increased operating lease revenues from automobile rentals as Senmiao has shifted its focus to this business in direct response to the COVID-19 pandemic.

CHENGDU, China, Aug. 11, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (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 operating metrics for its proprietary online ride-hailing platform for the month of July 2021. From June 2021 to July 2021, the number of completed orders decreased approximately 19.8%, primarily due to a decrease in orders received through one of Senmiao's partnerships as well as a COVID-19 resurgence in Chengdu, which resulted in travel restrictions and lockdowns being implemented by the local government.

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CHENGDU, China, July 30, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a framework agreement with Baijuyi (Qingdao) New Energy Car Limited ("Baijuyi"), whereby Senmiao expects to lease 6,000 automobiles for its ride-hailing business. As of the end of July 2021, 150 automobiles have been delivered to Senmiao in Chengdu and Guangzhou pursuant to the framework agreement.

CHENGDU, China, July 8, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China and an operator of its own online ride-sharing platform, today announced financial results for the fiscal year ended March 31, 2021. Fiscal 2021 Financial and Operating Highlights Total revenues of $6.2 million, compared to $15.7 million in the prior fiscal year, primarily as a result of fewer newly facilitated automobile purchases and automobiles sold due to the adverse effects of the COVID-19 pandemic on online ride-hailing and the greater transportation industry as public travel restrictions were instituted Significant decrease in revenues from automobile sales was offset by a $2...