SENMIAO TECHNOLOGY LIMITED mainly operates online lending platform which connecting Chinese investors with individual and small- to-medium-sized enterprise (SME) borrowers and creditors. The Company with its subsidiaries mainly offers access to credit to borrowers and creditors and attractive investment returns for investors. The Company mainly offered two types of products: standard loans and assignment of loans, providing qualified borrowers with access to affordable credit and creditors to assign their existing loans for more liquidity. The Company’s operating platform is Aihongsen and others. The Company’s main subsidiaries include Sichuan Senmiao Zecheng Business Consulting Co., Ltd., Sichuan Senmiao Ronglian Technology Co., Ltd. and others.