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Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. As of December 31, 2021, the company had 14 used car dealerships covering 14 cities in 12 provinces in China. It also provides financing channels to customers and other in-network dealers through partnerships with financial institutions. Kaixin Auto Holdings is headquartered in Beijing, the People's Republic of China.

Kaixin Auto Holdings

BEIJING, OCT. 06, 2025 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THAT THE COMPANY HAS ESTABLISHED ITS DIGITAL ASSET MANAGEMENT DEPARTMENT, WHICH COMMITS TO RAISE FUNDS TO ACQUIRE CRYPTOCURRENCIES SUCH AS BITCOIN AND ETHEREUM AND IMPLEMENT AN EFFECTIVE DIGITAL ASSET ALLOCATION STRATEGY TO GENERATE VALUE FOR KAIXIN. THE DIGITAL ASSET ALLOCATION STRATEGY WILL NOT ONLY EFFECTIVELY DIVERSIFY TRADITIONAL BUSINESS RISKS BUT ALSO LEVERAGE THE UNIQUE PROPERTIES OF THE CRYPTO ASSET MARKET TO GENERATE POTENTIAL LONG-TERM RETURNS FOR THE COMPANY AND ACHIEVE DIVERSIFIED ASSET VALUE.

KAIXIN HOLDINGS ESTABLISHES DIGITAL ASSET MANAGEMENT DEPARTMENT AND LAUNCHES DIGITAL ASSET ALLOCATION STRATEGY

BEIJING, SEPT. 16, 2025 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THAT ALL RESOLUTIONS PRESENTED TO THE SHAREHOLDERS AT ITS ANNUAL GENERAL MEETING HELD ON SEPTEMBER 13, 2025 (THE ANNUAL GENERAL MEETING) WERE DULY PASSED.

KAIXIN HOLDINGS ANNOUNCES ANNUAL GENERAL MEETING RESULTS

BEIJING, SEPT. 10, 2025 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THE SIGNING OF A TERM SHEET WITH XINGCAN, A LEADING CHINESE AI EDUCATION INNOVATION COMPANY. KAIXIN PLANS TO ISSUE NEW SHARES TO ACQUIRE A 55% STAKE IN XINGCAN. THE TRANSACTION MARKS THE IN-DEPTH COLLABORATION BETWEEN THE TWO PARTIES, FOCUSING ON THE GLOBAL DEVELOPMENT OF THE "AI + EDUCATION + LIVE STREAMING" ECOSYSTEM AND ACCELERATING THE INTELLIGENT UPGRADE OF THE EDUCATION INDUSTRY.

KAIXIN HOLDINGS ANNOUNCES ACQUISITION OF XINGCAN, LAUNCHING AI EDUCATION BUSINESS

HANGZHOU, CHINA, NOV. 14, 2024 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED A MAJOR STRATEGIC STEP FORWARD AS IT EXPLORES NEW GROWTH AVENUES. IN THE ADVANCED STAGES OF EVALUATING STRATEGIC ALTERNATIVES, KAIXIN IS ACTIVELY CONSIDERING THE ACQUISITION OF A CONTROLLING EQUITY INTEREST IN A LEADING CRYPTOCURRENCY MINING COMPANY BASED IN THE MIDDLE EAST. THIS MINING COMPANY OPERATES WITH COST-EFFICIENT BTC MINING MACHINES, OPTIMIZING SELF-MINING PROCESSES WHILE ALSO OFFERING SOPHISTICATED, END-TO-END CLOUD HOSTING SERVICES TAILORED TO MEET THE GROWING DEMAND WITHIN THE CRYPTO MINING INDUSTRY. THE FACILITY'S LONG-TERM, STABLE ENERGY SUPPLY IS A CRITICAL ASSET THAT BOLSTERS OPERATIONAL RESILIENCE AND COST EFFICIENCY, UNDERSCORING KAIXIN'S COMMITMENT TO SUSTAINABLE AND PROFITABLE GROWTH.

KAIXIN HOLDINGS EXPLORES STRATEGIC ALTERNATIVES WITH POTENTIAL ACQUISITION IN CRYPTO MINING SECTOR

HANGZHOU, CHINA, NOV. 13, 2024 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THE RECEIPT OF A NOTIFICATION LETTER DATED NOVEMBER 12, 2024 FROM THE HEARING PANEL OF THE NASDAQ STOCK MARKET (THE HEARING PANEL), NOTIFYING KAIXIN THAT THE COMPANY HAS REGAINED COMPLIANCE WITH THE MINIMUM BID PRICE REQUIREMENT IN LISTING RULE 5550(A)(2) (THE BID PRICE RULE), AS REQUIRED BY THE HEARING PANEL'S DECISION DATED SEPTEMBER 12, 2024.

KAIXIN HOLDINGS ANNOUNCES RECEIPT OF NASDAQ LETTER REGARDING REGAINING COMPLIANCE WITH MINIMUM BID PRICE REQUIREMENT

HANGZHOU, CHINA, OCT. 23, 2024 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THAT IT WILL EFFECT A SHARE CONSOLIDATION OF ITS ORDINARY SHARES AT A RATIO OF 1-FOR-60, EFFECTIVE ON OCTOBER 25, 2024 (THE SHARE CONSOLIDATION). THE COMPANY'S ORDINARY SHARES ARE EXPECTED TO BEGIN TRADING ON A POST-CONSOLIDATION BASIS AT THE OPEN OF THE MARKET SESSION ON OCTOBER 25, 2024. UPON THE MARKET OPENING ON OCTOBER 25, 2024, THE COMPANY'S ORDINARY SHARES WILL CONTINUE TO BE TRADED ON THE NASDAQ CAPITAL MARKET UNDER THE SYMBOL KXIN WITH THE NEW CUSIP NUMBER G5223X159.

KAIXIN HOLDINGS ANNOUNCES SHARE CONSOLIDATION

HANGZHOU, CHINA, OCT. 03, 2024 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THAT ALL RESOLUTIONS PRESENTED TO THE SHAREHOLDERS AT ITS EXTRAORDINARY GENERAL MEETING HELD ON OCTOBER 1, 2024 (THE EXTRAORDINARY GENERAL MEETING) WERE DULY PASSED.

KAIXIN HOLDINGS ANNOUNCES EXTRAORDINARY GENERAL MEETING RESULTS

HANGZHOU, CHINA, AUG. 22, 2024 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN), A LEADING NEW ENERGY VEHICLE MANUFACTURER AND SALES PLATFORM IN CHINA, TODAY ANNOUNCED THAT IT RECEIVED A LETTER FROM THE NASDAQ STOCK MARKET LLC (NASDAQ) DATED AUGUST 19, 2024, INDICATING THAT THE COMPANY WAS NOT IN COMPLIANCE WITH NASDAQ LISTING RULE 5810(C)(3)(A)(III), AS THE COMPANY'S SECURITIES HAD A CLOSING BID PRICE OF $0.10 OR LESS FOR TEN CONSECUTIVE TRADING DAYS (THE LETTER). THE LETTER INDICATED THAT, AS A RESULT, THE NASDAQ STAFF HAS DETERMINED TO DELIST THE COMPANY'S SECURITIES FROM THE NASDAQ CAPITAL MARKET (THE DELISTING DETERMINATION).

KAIXIN HOLDINGS ANNOUNCES RECEIPT OF NASDAQ DELISTING DETERMINATION AND SUBMISSION OF APPEAL

HANGZHOU, CHINA, AUG. 13, 2024 (GLOBE NEWSWIRE) -- KAIXIN HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN), A LEADING NEW ENERGY VEHICLE MANUFACTURER AND SALES PLATFORM IN CHINA, TODAY ANNOUNCED THAT IT WILL HOLD ITS EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS (THE EGM) AT 198 QIDI ROAD, UNIT B2-303-137, BEIGAN COMMUNITY, XIAOSHAN DISTRICT, HANGZHOU, ZHEJIANG PROVINCE, CHINA ON OCTOBER 1, 2024 AT 10:00 A.M. (BEIJING TIME), FOR THE PURPOSES OF CONSIDERING AND, IF THOUGHT FIT, PASSING AND APPROVING THE RESOLUTIONS SET FORTH IN THE NOTICE OF EXTRAORDINARY GENERAL MEETING AND PROXY OF THE COMPANY.

KAIXIN HOLDINGS ANNOUNCES 2024 EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

HANGZHOU, CHINA, MARCH 12, 2024 (GLOBE NEWSWIRE) -- KAIXIN AUTO HOLDINGS (KAIXIN OR THE COMPANY) (NASDAQ: KXIN) TODAY ANNOUNCED THAT ALL RESOLUTIONS PRESENTED TO THE SHAREHOLDERS AT ITS ANNUAL GENERAL MEETING HELD ON MARCH 4, 2024 (THE ANNUAL GENERAL MEETING) WERE DULY PASSED.

Kaixin Auto Holdings

KXIN

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Kaixin Auto Holdings

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KXIN