Senmiao's Ride-Hailing Unit XXTX Earns Top-Tier Recognition in Changsha Market Assessment

SingleForYears · 2025-12-31T09:31:17+00:00

Senmiao Technology Limited's subsidiary, Hunan Xixingtianxia, received a top service quality rating in Changsha, highlighting its commitment to excellence. The firm has completed over 26.2 million rides since 2020, emphasizing reliability and growth in China's competitive ride-hailing market.

SingleForYears

2025-12-31 09:31:17

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Senmiao Technology Limited (Nasdaq: AIHS), a prominent player in China’s online ride-hailing financing and operations sector, announced that its subsidiary Hunan Xixingtianxia Technology Co., Ltd. has secured the highest accolade in Changsha’s annual service quality evaluation. The assessment, conducted by the Changsha Urban Public Transportation Affairs Center, ranked XXTX among just six operators achieving premium status out of 21 platforms evaluated over the 2022-2023 period.

The Triple-A designation represents a significant milestone for the company’s operations in one of its strategic urban markets. This recognition reflects rigorous evaluation criteria encompassing centralized examinations and ongoing compliance monitoring across all ride-hailing service providers in the region.

Operational Scale and Market Performance

Since launching its ride-hailing platform in late 2020, the company has maintained strong growth metrics. By end of 2023, Senmiao’s operations had facilitated over 26.2 million completed rides across its service network. The achievement underscores the platform’s reliability and operational capacity in an increasingly competitive sector.

Xi Wen, Chairman and Chief Executive Officer, commented on the milestone: “This highest-level rating validates our commitment to service excellence and regulatory compliance in Changsha—a cornerstone of our business expansion. The consistent performance of XXTX demonstrates that quality operations and user satisfaction remain foundational to sustainable growth in China’s ride-hailing industry. We remain committed to extending these standards across all markets where Senmiao operates.”

Platform Overview

Headquartered in Chengdu, Sichuan Province, Senmiao operates as an integrated service provider across the automobile transaction ecosystem and ride-hailing sectors. The company’s XXTX platform specifically targets high-growth opportunities in online ride-hailing while maintaining compliance with evolving regulatory frameworks in its operating regions.

The company continues to position itself as a quality-focused operator in an industry undergoing consolidation and increasing regulatory scrutiny.

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