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Senmiao Technology (NASDAQ: AIHS) appoints CFO Yafeng Li as finance chief

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Senmiao Technology Limited reported that its board appointed Yafeng Li as Chief Financial Officer on January 2, 2026, filling the vacancy created by the resignation of former CFO Xiaoyuan Zhang. Under an employment agreement dated the same day, Ms. Li will receive an annual salary of $50,000 for her services as CFO.

Ms. Li previously served as Financial Controller of World Trade Technology LLC since May 2020 and holds several professional certifications, including Certified Internal Auditor, Certified Management Accountant, and Certified Tax Agent (China). She earned a bachelor’s degree in accounting from Shanxi University. The company states there are no family relationships or related-party transactions involving Ms. Li that require disclosure.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 2, 2026

 

SENMIAO TECHNOLOGY LIMITED

(Exact name of registrant as specified in its charter)

 

Nevada   001-38426   35-2600898
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

16F, Shihao Square, Middle Jiannan Blvd.
High-Tech Zone, Chengdu
Sichuan, People’s Republic of China
  610000
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +86 28 61554399

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   AIHS   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02 - Election of Certain Officer; Appointment of Certain Officer; Compensatory Arrangements of Certain Officer.

 

Appointment of Chief Financial Officer

 

On January 2, 2026, the board of directors (the “Board”) of the Company appointed Ms. Yafeng Li as the Chief Financial Officer (the “CFO Appointment”) of the Company to fill the vacancy created by Ms. Xiaoyuan Zhang’s resignation.

 

In connection with the CFO Appointment, the Company entered into an employment agreement (the “Employment Agreement”) with Ms. Yafeng Li dated January 2, 2026, pursuant to which Ms. Li will receive an annual salary of $50,000 for her services as the Company’s Chief Financial Officer.

 

Ms. Yafeng Li has served as the Financial Controller of World Trade Technology LLC since May 2020. Ms. Li holds multiple professional certifications, including Certified Internal Auditor, Certified Management Accountant, and Certified Tax Agent (China). Ms. Li earned her Bachelor’s degree in accounting from Shanxi University in July 1999.

 

There is no arrangement or understanding between Ms. Li and any other person pursuant to which she was selected as the Chief Financial Officer of the Company, and there is no family relationship between Ms. Li and any of the Company’s other directors or executive officers. Since the beginning of the Company’s last fiscal year, there are no transactions in which the Company was or is to be a participant and in which Ms. Li or any member of her immediate family had or will have any interest that are required to be reported under Item 404(a) of Regulation S-K.

 

The foregoing description of the Employment Agreement is a general description only, does not purport to be complete, and is qualified in its entirety by reference to the terms of the form of employment agreement furnished hereto as Exhibit 10.1 and is incorporated herein by reference.

 

Item 9.01 Financial Statement and Exhibits

 

(d) Exhibits

 

10.1   Employment Agreement by and between the Company and Yafeng Li dated January 2, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SENMIAO TECHNOLOGY LIMITED
     
Date: January 8, 2026 By: /s/ Ronggang (Jonathan) Zhang
  Name: Ronggang (Jonathan) Zhang
  Title: Chief Executive Officer and Chairman of the Board

 

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FAQ

What executive change did Senmiao Technology (AIHS) disclose in this 8-K?

The company disclosed that its board appointed Yafeng Li as Chief Financial Officer on January 2, 2026, to fill the vacancy created by the resignation of former CFO Xiaoyuan Zhang.

What is the compensation for Senmiao Technology’s new CFO Yafeng Li?

Under an employment agreement dated January 2, 2026, Yafeng Li will receive an annual salary of $50,000 for her role as Chief Financial Officer of Senmiao Technology Limited.

What is the professional background of Senmiao Technology’s new CFO?

Yafeng Li has served as the Financial Controller of World Trade Technology LLC since May 2020. She holds certifications including Certified Internal Auditor, Certified Management Accountant, and Certified Tax Agent (China), and earned a bachelor’s degree in accounting from Shanxi University.

Are there any family relationships between Yafeng Li and other Senmiao Technology executives?

The company states there is no family relationship between Yafeng Li and any of Senmiao Technology’s other directors or executive officers.

Did Senmiao Technology report any related-party transactions involving new CFO Yafeng Li?

Since the beginning of the company’s last fiscal year, Senmiao Technology reports no transactions involving Yafeng Li or her immediate family that require disclosure under Item 404(a) of Regulation S-K.

Is there a specific employment agreement for Senmiao Technology’s new CFO?

Yes. The company entered into an Employment Agreement with Yafeng Li dated January 2, 2026, and this agreement is filed as Exhibit 10.1 to the report.
Senmiao Technology Ltd

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