Senmiao Technology Limited (AIHS) has signed a strategic cooperation agreement with Sichuan Xingyuan Ronghe New Energy Co., Ltd. The agreement will see Xingyuan provide comprehensive financing solutions for Senmiao and its partners, as well as resources such as discounted NEV purchasing channels and new energy battery swapping vehicle operations. This is expected to accelerate the growth of Senmiao's automobile rental business and online ride-hailing platform services.