Exhibit 21.1
SENMIAO TECHNOLOGY LIMITED
List of Subsidiaries
As of March 31, 2025, the subsidiaries of Senmiao Technology Limited, are listed as follows:
| Subsidiary | Place of Incorporation | |
| Senmiao Technology (Hong Kong), Limited | Hong Kong | |
| Sichuan Senmiao Yicheng Assets Management Co., Ltd. formerly known as Yicheng Financial Leasing Co., Ltd. | PRC | |
| Sichuan Senmiao Zecheng Business Consulting Co., Ltd. | PRC | |
| Chengdu Corenel Technology Co., Ltd. | PRC | |
| Hunan Ruixi Financial Leasing Co., Ltd. | PRC | |
| Sichuan Senmiao Ronglian Technology Co., Ltd. | PRC | |
| Chengdu Jiekai Technology Ltd. | PRC |