Previous Close | 0.3211 |
Open | 0.3220 |
Bid | 0.3103 x 1000 |
Ask | 0.3280 x 1200 |
Day's Range | 0.3103 - 0.3300 |
52 Week Range | 0.2310 - 1.2900 |
Volume | |
Avg. Volume | 507,682 |
Market Cap | 72.854M |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.0000 |
Earnings Date | Oct 26, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
BEIJING, May 31, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announces that the Company is making continued progress on the acquisition of Morning Star Auto Inc. (Morning Star). Concurrent with the relief of the pandemic and the full recovery of the Chinese economy, Morning Star's factory in Henan, China has been operating at full capacity. Morning Star mainly produces miniature electric vehicles, which are popular among consumers in China's tie
Kaixin Auto Holdings ( NASDAQ:KXIN ) Full Year 2022 Results Key Financial Results Revenue: US$82.8m (down 67% from FY...
BEIJING, April 28, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the appointment of Onestop Assurance PAC ("Onestop") as its independent registered public accounting firm, effective April 25, 2023. The appointment of Onestop was made after a careful and thorough evaluation process and has been approved by Kaixin's board and audit committee. Onestop will replace Marcum Asia CPAs LLP ("Marcum Asia") as Kaixin's independent registered publi
BEIJING, April 24, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announces that it has formed a specialized technical team to develop its AIGC (Artificial Intelligence Generated Content) system “Happy Buy Car.” Kaixin has been dedicated to developing the intelligent “Happy Buy Car” system in the past. The newly formed technical team will conduct in-depth research on AIGC and ChatGPT-related technological applications and expedite development of th
BEIJING, April 06, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announces that it has reached a strategic business partnership with China Automobile Import and Export Co., Ltd. (CMC AUTO). Leveraging on the complementary advantages of both parties, the partnership aims to build up a joint export trading platform for new energy vehicles with a target total transaction volume of USD$10.8 billion in the coming five years. CMC Auto is the "window com
BEIJING, March 29, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) today announced the receipt of a notification letter (the “Nasdaq Letter”) dated on March 28, 2023 from the Listing Qualifications department of the Nasdaq Stock Market (“Nasdaq”), notifying Kaixin that, as of March 28, 2023, the Company’s listed security has not regained compliance with the requirement of maintaining a minimum bid price of $1 per share pursuant to Nasdaq Rule 5550(a)(2).
As every investor would know, you don't hit a homerun every time you swing. But it's not unreasonable to try to avoid...
BEIJING, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announces the signing of a share purchase agreement with the shareholders of Morning Star Auto Inc. (“Morning Star”), according to which Kaixin will acquire 100% equity of Morning Star by issuing 100 million shares of Kaixin ordinary shares. Morning Star owns 100% equity of Wuxi Morning Star Technology Co., Ltd. and Henan Yujie Times Automobile Co., Ltd. At completion of the acquisiti
BEIJING, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN), one of the premium imported cars and used cars platform in China, today announced its unaudited financial results for the six months ended June 30, 2022. First Half of 2022 Highlights Total net revenues were US$33.30 million, representing an increase of 1,532% from US$2.04 million in the first half of 2021. Gross profit was US$223 thousand, representing a significant increase compared to t
BEIJING, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today the receipt of a notification letter (the “Nasdaq Letter”) dated September 28, 2022, from the Listing Qualifications department of the Nasdaq Stock Market (“Nasdaq”), notifying Kaixin that, for the 30 consecutive business days ended September 27, 2022 the Company failed to meet the requirement of maintaining a minimum bid price of $1 per share pursuant to Nasdaq Rule 5550(a
BEIJING, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that POCCO EV released its vehicle production plans. After Wuxi Morning Star Technology Co., Ltd. acquired 100% equity of Henan Yujie Times Automobile Co., Ltd., the new management team under the leadership of President Lei Gu took over the operations of POCCO EV, which produces the MeiMei and DuoDuo brands of mini electric vehicles. POCCO EV recently released its productio
BEIJING, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has signed a binding acquisition term sheet with Wuxi Morning Star Technology Co., Ltd. (“Morning Star”), who manufactures and operates the POCCO EVs. According to the term sheet, Kaixin intends to acquire 100% equity of Morning Star through new share issuance and makes it a wholly owned subsidiary. Morning Star acquired 100% equity of Henan Yujie Time Limited earli
BEIJING, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has signed a strategic partnership agreement with National Kangyuan Technology Co., Ltd. ("National Kangyuan"), which commits to purchase 5,000 new energy vehicles custom made for public health services over the next three years. The total amount of this intention order is about RMB 2 billion (equivalent to USD$295 million). As a company specialized in smart medical
BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that the Company’s new energy commercial vehicle (the “EV”) headquarters has been put into operations in Suzhou City, Anhui Province. Kaixin's EV business department has settled down in Suzhou and quickly entered into operations. The business-friendly environment and various stimulus measures granted by the local government are expected to provide significant benefits to eff
BEIJING, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has obtained a total of $700 million of targeted investment intentions from several institutional investors. The investments will take effect simultaneously with Kaixin’s intended acquisition of a new energy vehicle manufacturing company. The investors intend to subscribe for the Company’s convertible preferred shares with a conversion price of at least $2.0 per shar
BEIJING, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the board diversity matrix, disclosing the gender and demographic backgrounds of the board of Kaixin as self-identified by its members as of August 1, 2022. The following matrix sets forth the gender and demographic backgrounds of the board of Kaixin as of August 1, 2022. Country of Principal Executive OfficesChinaForeign Private IssuerYesDisclosure Prohibited Under Home Cou
BEIJING, July 29, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it held the launch ceremony of the “TECROLL” brand in Beijing on July 28, 2022, which is the first model of new energy commercial vehicles released by Kaixin. A delivery ceremony was held at the launch. The model of electric logistics trucks is custom designed and made for Beijing Bujia Technology Co., Ltd. (“Bujia”). The truck is made of aluminum with a total mass of 4
BEIJING, July 27, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has launched the brand "TECROLL" for its new energy commercial vehicles and delivered the first electric logistics truck. New energy commercial vehicle is the focus of Kaixin’s new energy vehicles business endeavor. Tecroll stands for "exploring the infinity and reaching the goal", symbolizing a journey of continuous progress and inclusion. The first model of Tecroll
BEIJING, July 05, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that Mr. James Jian Liu resigned from Kaixin’s board of directors (the “Board”), with effect from June 30, 2022, for personal reasons. Mrs. Lucy Yi Yang, chief financial officer of the Company, has been appointed by the Board as director of the Company, with effect from August 1, 2022. Mr. James Liu had served as a director of the Board since Kaixin’s establishment. “On beha