08:05 AM EDT, 06/13/2025 (MT Newswires) -- Senmiao Technology ( AIHS ) said Friday it has signed a strategic cooperation agreement with Changsha Yipeng Information Technology to jointly develop an AI-backed data management system to support online ride-hailing operations.

Under the partnership, Changsha Yipeng will leverage data provided by Senmiao ( AIHS ) related to drivers, vehicles and riders to build the AI-backed data management system, which aims to help providers efficiently and safely operate ride-hailing services.

Both parties will seek necessary financing to support the project's full development and rollout, Senmiao ( AIHS ) said.