Kaixin Auto Holdings (KXIN)
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$UXIN Train is about to leave the station. Dont miss the train to a wonderful journey
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Train has just started.
$TQLB Torque Lifestyle Brands JV Expands Production Space with Brand New 20 sq ft Facility on back of $... https://finance.yahoo.com/news/torque-lifestyle-brands-jv-expands-141500296.html?soc_src=strm&soc_trk=tw via @YahooFinance
Somehow my last posting has mysteriously disappeared, according financial results dated on 29Dec showing the increased of truck order from 10,000 to 20,000, and the total value from $250 Million to $750 Million
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Kaixin Auto Holdings
Wed, December 29, 2021, 4:00 AM
“The merger of Kaixin and Haitaoche in June 2021 enables us to leverage the synergy and combined resources to set a solid stage for quick growth of our premium imported and used car sales business in latter half of 2021 and the future. Further, we have identified electric vehicles as the focus of our future expansion. We have already obtained framework agreement orders for 20,000 units of EV trucks at a total of approximately US$750 million,
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Kaixin Auto Holdings
December 23, 2021
BEIJING, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has reached a strategic partnership agreement with Beijing Shencheng Biotechnology Group Limited (“Shencheng”). Under the framework agreement, Shencheng agrees to purchase 10,000 customized new energy trucks from Kaixin over the next 5 years. The total value is around $250 million.
$idex $uxin $kxin $kind
GL