Senmiao Technology Schedules 2020 Third Quarter Financial Results for November 20, 2020
Senmiao Technology Limited (Nasdaq: AIHS) announced its financial results for Q3 2020, set to be released before the market opens on November 20, 2020. The company will file its Form 10-Q on the same day. Additionally, it expects to file a Form 12b-25 due to the need for extra time to finalize disclosures, as authorized by the SEC. Senmiao focuses on automobile transaction services for the online ride-hailing industry in China, aiming to capitalize on the expanding market.
- Scheduled release of Q3 2020 financial results, indicating timely reporting.
- Strategy focused on the growing ride-hailing market in China.
- Filing Form 12b-25 suggests potential delays or issues in financial reporting.
CHENGDU, China, Nov. 16, 2020 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced that the Company expects to issue its financial results for the third quarter ended September 30, 2020 prior to the opening of the stock market on Friday, November 20, 2020. The Company will also file its quarterly report on Form 10-Q on November 20, 2020.
The Company does expect to file a form 12b-25 following the close of business today, as the Securities and Exchange Commission (SEC) provides the Company with five additional calendar days within which to file its Form 10-Q for the third quarter. The delay is due to the Company needing additional time to complete certain disclosures.
About Senmiao Technology Limited
Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services aimed principally at the growing ride-sharing market in Senmiao's areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao's ride-sharing platform and the collaboration with other ride-hailing platforms and business partners as described herein) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao's filings with the SEC, and represent Senmiao's views only as of the date they are made and should not be relied upon as representing Senmiao's views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.
For more information, please contact:
At the Company:
Yiye Zhou
Email: edom333@ihongsen.com
Phone: +86 28 6155 4399
Investor Relations:
The Equity Group Inc. In China
Adam Prior, Senior Vice President Lucy Ma, Associate
(212) 836-9606 +86 10 5661 7012
aprior@equityny.com lma@equityny.com
© 2020 Senmiao Technology Ltd. All rights reserved.
View original content:http://www.prnewswire.com/news-releases/senmiao-technology-schedules-2020-third-quarter-financial-results-for-november-20-2020-301173395.html
SOURCE Senmiao Technology Limited
FAQ
When will Senmiao Technology announce its Q3 2020 financial results?
What is the significance of Form 12b-25 for Senmiao Technology?
What services does Senmiao Technology provide in the ride-hailing industry?
What are the risks associated with Senmiao's forward-looking statements?
