---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-072581"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2024-08-26T23:59:59+00:00"
generated_at: "2026-05-31T07:40:12.491278+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Senmiao completes sale of Hunan Xixingtianxia; pro forma FY revenue drops 35%

## Summary
- On Aug 20, 2024, subsidiary sold 100% equity in Hunan Xixingtianxia Technology to Jiangsu Yuelaiyuexing Technology.
- Pro forma FY2024 revenue falls to $4.39M from $6.81M after removing XXTX's $2.49M revenue.
- Pro forma net loss attributable to stockholders improves to $3.22M (FY2024) and $645,809 (Q1 FY2025).
- Transaction eliminates $177K in borrowings from financial institution from the balance sheet.
- Pro forma total assets reduced from $9.86M to $9.30M as of March 31, 2024.

## SEC filing metadata
- accession: 0001213900-24-072581
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2024-08-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000121390024072581/0001213900-24-072581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000121390024072581/ea0212362-8k_senmiao.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-072581
- JSON: https://secwatch.observer/filing/0001213900-24-072581.json
- Plain text: https://secwatch.observer/filing/0001213900-24-072581.txt

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