CHENGDU, China, May perhaps 20, 2022 /PRNewswire/ — Senmiao Engineering Limited (“Senmiao” or the “Corporation”) (Nasdaq: AIHS), a funding and servicing corporation concentrated on the on-line trip-hailing marketplace in China, as nicely as an operator of its possess on the web experience-hailing system, nowadays introduced that its wholly-owned subsidiary Hunan Xixingtianxia Technologies Co., Ltd. (“XXTX”) has entered into an arrangement with Shanghai Huacheng Southwest Global Travel Company Co., Ltd., a wholly-owned affiliate of Trip.com Team Minimal (“Journey.com”) (Nasdaq: TCOM), a foremost on the internet vacation agency and vacation support supplier in China.
Pursuant to the phrases of the agreement, XXTX will supply online trip-hailing products and services for shoppers of Journey.com. XXTX has the necessary legal and logistical licenses in area to have interaction in supplying on the web trip-hailing products and services these kinds of as booking of airport/coach station choose-up/drop-off, chartered providers and other sorts of passenger transportation. XXTX will have entry to prospects employing Excursion.com’s online platforms which include but not constrained to www.ctrip.com, www.excursion.com and other linked web sites/cell channels. Vacation.com will give system prospects with reservation expert services for booking XXTX’s solutions.
This new enterprise cooperation launched in Senmiao’s essential cities of Chengdu, Guangzhou and Changsha on May 17, 2022. XXTX expects to grow its cooperation with Vacation.com to extra cities in China in the long run.
Xi Wen, Chairman, Main Government Officer and President of Senmiao, stated, “We are delighted that Excursion.com has preferred to associate with Senmiao for its on the net experience-hailing and passenger transportation services requirements. As the premier on line journey service company in China, their self confidence in our ability to provide their considerable populace of buyers is a testament to our platform and its capabilities. We are thrilled to be serving Trip.com customers in our 3 critical towns of Chengdu, Guangzhou and Changsha, and appear ahead to working closely with Journey.com likely ahead.”
About Senmiao Technological know-how Minimal
Headquartered in Chengdu, Sichuan Province, Senmiao supplies auto transaction and related providers including product sales of vehicles, facilitation and solutions for car buys and funding, administration, working leases, assures and other auto transaction solutions, as very well as operates its very own experience-hailing system aimed principally at the increasing online trip-hailing marketplace in Senmiao’s regions of procedure in China. For additional information and facts about Senmiao, be sure to check out: http://www.senmiaotech.com. Senmiao routinely supplies significant updates on its web page.
Cautionary Take note Concerning Forward-Searching Statements
This push launch includes forward-searching statements as described by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (like individuals relating to the procedure of Senmiao’s experience-hailing system) are issue to significant risks, uncertainties and assumptions, such as these in depth from time to time in the Senmiao’s filings with the SEC, and symbolize Senmiao’s sights only as of the date they are made and must not be relied on as symbolizing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any ahead-seeking statements to replicate modifications in occasions or situations.
For extra info, make sure you get hold of:
At the Enterprise:
Yiye Zhou
E-mail: [email protected]
Cell phone: +86 28 6155 4399
Investor Relations:
The Equity Group Inc. In China
Carolyne Sohn, Vice President Lucy Ma, Affiliate
+1 415-568-2255 +86 10 5661 7012
[email protected] [email protected]
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