---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-002216"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2026-01-07T23:59:59+00:00"
generated_at: "2026-05-16T11:23:10.663428+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Senmiao sells loss-ridden ride-hailing units for no consideration; CFO resigns

## Summary
- Disposed of wholly-owned Yicheng and Zecheng for no cash consideration; units had accumulated ~$11M losses.
- Subsidiaries had no operations in past fiscal year; buyer is non-affiliate Hu Mao Sheng Tang Holdings Limited.
- CFO Xiaoyuan Zhang resigned effective Dec 31, 2025, not due to any accounting disagreement.
- Pro forma shows $3.5M financing in Nov 2025, boosting cash to $4.1M as of Sep 30, 2025.

## SEC filing metadata
- accession: 0001213900-26-002216
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2026-01-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000121390026002216/0001213900-26-002216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000121390026002216/ea0272169-8k_senmiao.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-002216
- JSON: https://secwatch.observer/filing/0001213900-26-002216.json
- Plain text: https://secwatch.observer/filing/0001213900-26-002216.txt

## Key facts
- Material Agreements
  Senmiao Technology Ltd entered into Acquisition Agreement with Hu Mao Sheng Tang Holdings Limited. valued at no additional consideration (effective 2025-12-31).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Hu Mao Sheng Tang Holdings Limited.
  - Value: no additional consideration
  - Effective: 2025-12-31
  source text: On December 31, 2025, the Company, entered into a certain Acquisition Agreement (the “ Acquisition Agreement ”) with Hu Mao Sheng Tang Holdings Limited., a non-affiliated Hong Kong company (the “ HMST ” or “ Purchaser ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000121390026002216/0001213900-26-002216-index.htm

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