Senmiao Technology partners with new energy vehicle infrastructure provider

Senmiao Technology’s wholly owned subsidiary Sichuan Senmiao Zecheng has signed a strategic cooperation agreement with Chongqing Huicheng Future, a wholly owned subsidiary of Shenzhen Hifuture Information, listed on Shenzhen Stock Exchange. Huicheng Future specializes in Internet of Energy and related infrastructure, including the manufacture of smart electrical facilities and equipment, production and operation of charging piles, and construction and operation of charging infrastructure for new energy vehicles. Senmiao and Huicheng Future will begin collaboration on a new energy vehicle charging business by promoting the construction of new energy charging infrastructure in cities where Senmiao operates across China. Huicheng Future will provide Senmiao with favorable prices on equipment, construction and operations consulting services, equipment after-sales services, charging station construction, and technology upgrade and maintenance, among other services.