Senmiao Technological innovation Announces Company Cooperation with Ctrip Affiliate
CHENGDU, China, May possibly 20, 2022 /PRNewswire/ — Senmiao Technological know-how Constrained (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing business focused on the on line experience-hailing industry in China, as properly as an operator of its individual on the net journey-hailing platform, these days introduced that its wholly-owned subsidiary Hunan Xixingtianxia Technology Co., Ltd. (“XXTX”) has entered into an settlement with Shanghai Huacheng Southwest Intercontinental Travel Agency Co., Ltd., a wholly-owned affiliate of Excursion.com Group Confined (“Journey.com”) (Nasdaq: TCOM), a main on the internet journey agency and travel assistance supplier in China.
Pursuant to the conditions of the arrangement, XXTX will provide on the internet trip-hailing services for customers of Trip.com. XXTX has the required legal and logistical licenses in position to interact in supplying on the net experience-hailing expert services these as booking of airport/train station choose-up/drop-off, chartered solutions and other forms of passenger transportation. XXTX will have accessibility to shoppers employing Journey.com’s on line platforms such as but not limited to www.ctrip.com, www.journey.com and other associated web sites/cellular channels. Vacation.com will deliver system consumers with reservation companies for booking XXTX’s companies.
This new organization cooperation launched in Senmiao’s crucial metropolitan areas of Chengdu, Guangzhou and Changsha on May well 17, 2022. XXTX expects to develop its cooperation with Excursion.com to added metropolitan areas in China in the future.
Xi Wen, Chairman, Main Government Officer and President of Senmiao, said, “We are happy that Journey.com has chosen to companion with Senmiao for its on the web ride-hailing and passenger transportation support requires. As the most significant on-line vacation assistance company in China, their self-confidence in our capability to serve their important populace of prospects is a testomony to our platform and its capabilities. We are thrilled to be serving Excursion.com customers in our 3 vital towns of Chengdu, Guangzhou and Changsha, and glance ahead to doing work closely with Excursion.com going ahead.”
About Senmiao Technologies Minimal
Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and associated services together with revenue of cars, facilitation and solutions for auto buys and funding, administration, operating leases, assures and other vehicle transaction expert services, as nicely as operates its possess ride-hailing system aimed principally at the escalating on the net ride-hailing sector in Senmiao’s locations of operation in China. For additional facts about Senmiao, please pay a visit to: http://www.senmiaotech.com. Senmiao routinely supplies critical updates on its internet site.
Cautionary Notice About Forward-Hunting Statements
This push release contains ahead-searching statements as outlined by the Non-public Securities Litigation Reform Act of 1995. These ahead-hunting statements (such as people relating to the procedure of Senmiao’s experience-hailing platform) are matter to important pitfalls, uncertainties and assumptions, together with people 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 designed and should really not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any ahead-looking statements to mirror variations in gatherings or instances.
For far more details, be sure to call:
At the Company:
Yiye Zhou
Electronic mail: [email protected]
Phone: +86 28 6155 4399
Investor Relations:
The Equity Team 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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