---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-042171"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2023-04-05T23:59:59+00:00"
generated_at: "2026-06-17T05:55:04.268497+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Senmiao CTO resigns; shareholders approve equity plan increase to 1.5M shares

## Summary
- CTO Chunhai Li resigned effective March 31, 2023, due to personal reasons.
- Annual meeting held March 30, 2023; 57.2% quorum (4,398,654 shares present).
- All five directors elected: Xi Wen, Xiaojuan Lin, Trent D. Davis, Sichun Wang, Jie Gao.
- Ratified Marcum Asia CPAs LLP as independent auditor for FY ending March 31, 2023.
- Approved amendment to 2018 equity incentive plan, increasing reserved shares to 1,500,000.

## SEC filing metadata
- accession: 0001104659-23-042171
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2023-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000110465923042171/0001104659-23-042171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000110465923042171/tm2311891d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-042171
- JSON: https://secwatch.observer/filing/0001104659-23-042171.json
- Plain text: https://secwatch.observer/filing/0001104659-23-042171.txt

## Key facts
- Executive change
  Chunhai Li resigned as Chief Technology Officer at Senmiao Technology Ltd.
  - Action: resigned
  - Role: Chief Technology Officer
  source text: Resignation of Chunhai Li Effective March 31, 2023, Mr. Chunhai Li, Chief Technology Officer (“ CTO ”), of Senmiao Technology Limited (the “ Company ”), resigned from his position as the CTO of the Company, due to personal reason.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000110465923042171/0001104659-23-042171-index.htm
- Shareholder Votes
  Senmiao Technology Ltd shareholders approved A proposal to approve an amendment to the Company’s 2018 equity incentive plan, to increase the number of shares of common stock reserved under the Plan to 1,500,000 shares at the 2023-03-30 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-03-30
  source text: 3. A proposal to approve an amendment to the Company’s 2018 equity incentive plan, to increase the number of shares of common stock reserved under the Plan to 1,500,000 shares : For Against Abstain 4,209,223 188,679 752
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000110465923042171/0001104659-23-042171-index.htm
- Shareholder Votes
  Senmiao Technology Ltd shareholders approved A proposal to elect five directors to the Company’s board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified at the 2023-03-30 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-03-30
  source text: 1. A proposal to elect five directors to the Company’s board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified: Director’s Name Votes For Votes Withheld Xi Wen 4,358,394 40,260 Xiaojuan Lin 4,154,035 244,619 Trent D. Davis 4,154,452 244,202 Sichun Wang 4,154,041 244,613 Jie Gao 4,156,955 241,699
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000110465923042171/0001104659-23-042171-index.htm
- Shareholder Votes
  Senmiao Technology Ltd shareholders approved A proposal to ratify the appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2023 at the 2023-03-30 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-03-30
  source text: 2. A proposal to ratify the appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2023: For Against Abstain/Withhold 4,359,211 32,928 6,515
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000110465923042171/0001104659-23-042171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.