Senmiao Technology Sells Subsidiaries to Hu Mao Sheng Tang Holdings

Reuters01-31
Senmiao Technology Sells Subsidiaries to Hu Mao Sheng Tang Holdings

Senmiao Technology Ltd. has completed the transfer of 100% of the equity interests in its subsidiaries, Sichuan Senmiao Yicheng Asset Management Co., Ltd. and Sichuan Senmiao Zecheng Business Consulting Co., Ltd. (and its affiliates), to Hu Mao Sheng Tang Holdings Limited, a non-affiliated Hong Kong company. The company reported that following the completion of this transaction on December 31, 2025, it believes it has exceeded the minimum shareholders' equity requirement for continued listing on the Nasdaq stock exchange. Senmiao Technology Ltd. submitted a compliance plan to Nasdaq on January 15, 2026, detailing the completion of the transaction and its impact on the company's financial position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Senmiao Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-010181), on January 30, 2026, and is solely responsible for the information contained therein.

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