Senmiao Technology Announces Signing Of Strategic Cooperation Agreement With Heilongjiang Kunrui Financing Guarantee
Portfolio Pulse from Benzinga Newsdesk
Senmiao Technology Limited (NASDAQ:AIHS) has signed a strategic cooperation agreement with Heilongjiang Kunrui Financing Guarantee Co., Ltd. The agreement will see Kunrui provide Senmiao with financial resources in new energy vehicle financing and auto insurance installment services. The two companies will also explore the development of a new energy auto financing system, which could serve as a potential SaaS business opportunity.

September 28, 2023 | 1:18 pm
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Senmiao Technology's strategic partnership with Kunrui Financing Guarantee could enhance its financial resources in new energy vehicle financing and auto insurance installment services. This could potentially lead to the development of a new energy auto financing system, presenting a potential SaaS business opportunity.
The strategic cooperation agreement between Senmiao Technology and Kunrui Financing Guarantee could significantly enhance Senmiao's financial resources in new energy vehicle financing and auto insurance installment services. This could potentially lead to the development of a new energy auto financing system, presenting a potential SaaS business opportunity. This could have a positive impact on Senmiao's business and potentially its stock price in the short term.
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