On Wednesday, Senmiao Technology (AIHS.US) surged nearly 130%, closing at $5.43. Senmiao Technology is a comprehensive financial technology company with core businesses involving internet finance and automotive finance. The company builds its operations around scenario-based, small-amount dispersed transactions serving small and micro enterprises. It is committed to providing intermediary matching services for freelancers, individual business operators, and small and micro enterprises through fintech concepts, addressing financing challenges. Currently, its business types include ride-hailing lease-to-purchase programs, automotive consumer installments, small and micro enterprise loans, personal consumer loans, auto dealer loans, and supply chain finance.