Senmiao Technology shares surge 18.97% intraday after announcing leadership changes including new CEO and directors.

Friday, Nov 28, 2025 9:33 am ET1min read
Senmiao Technology surged 18.97% intraday following the announcement of leadership changes, including the appointment of Ronggang Zhang as CEO and chairman, along with new independent directors Si Li and Chong Chen. The restructuring aims to strengthen governance and strategic direction, potentially restoring investor confidence amid prior bearish sentiment. While analyst ratings remain negative, the market reacted favorably to the perceived stabilization of the company’s leadership.

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