 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 its Chinese variable interest entity has secured a RMB50 million approximately US7 million investment from Hongyi Industrial Group Co., Ltd. Hongyi, an affiliate of the largest shareholder of Chengdu Road Bridge Engineering Co., Ltd., a construction engineering company publicly listed on the A-Share market in China. 