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Senmiao Technology Limited is a China-based financing and services company focused primarily on the online ride-hailing and automobile transaction ecosystem. The company operates through subsidiaries in China and provides automobile financing, vehicle sales, leasing facilitation, and related services to ride-hailing drivers and small business operators. Historically, the company generated revenue through automobile financing and lease arrangements tied to mobility platforms, while more recent operations have emphasized vehicle transactions, ride-hailing support services, and platform-related services connected to China’s transportation sector.
The company’s core revenue drivers have included automobile sales, financing facilitation fees, leasing services, and related service income derived from supporting drivers participating in ride-hailing networks. Senmiao has operated in a highly competitive mobility and automotive services market, serving individual drivers, fleet operators, and mobility-related customers in China. The company was founded in 2014 and later became publicly traded in the United States under the ticker AIHS. Over time, its business model evolved from peer-to-peer lending and financing-oriented activities toward broader mobility ecosystem services amid tightening Chinese financial regulations and changing market conditions.
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16th Floor
Middle Jiannan Boulevard
High-Tech Zone
Chengdu, 610000