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home / news releases / AIHS - Senmiao Technology announces agreement with Hefei Cheyun to launch ride-hailing business in Hefei China

AIHS - Senmiao Technology announces agreement with Hefei Cheyun to launch ride-hailing business in Hefei China

Senmiao Technology Limited
A financing and servicing company focused on the online ride-hailing industry in China, Senmiao Technology ([[AIHS]] -3.6%) signs a joint operations agreement with Hefei Cheyun Information Technology, an affiliate of Taoyun Capital.Taoyun Capital has obtained several licenses issued by municipal administrative departments to operate its online ride-hailing business in various cities across China. The agreement is an extension to the previously announced strategic relationship.By partnering with Hefei Cheyun, Senmiao anticipates utilizing the Licenses of Hefei Cheyun to accelerate the expansion of its online ride-hailing business into new cities in China while bringing increasing order flow to Hefei Cheyun.

For further details see:

Senmiao Technology announces agreement with Hefei Cheyun to launch ride-hailing business in Hefei, China
Stock Information
Company Name: Senmiao Technology Limited
Stock Symbol: AIHS
Market: NASDAQ
Website: senmiaotech.com
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