Kaixin Holdings Announces Intended Acquisition of Honglu Technology to Optimize AI Applications
Kaixin Auto Holdings - Ordinary Shares (KXIN)
Company Research
Source: GlobeNewswire
BEIJING, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the signing of a term sheet to acquire Honglu Technology, a leading Chinese AI animation company. Kaixin plans to issue new shares to acquire a 51% stake in Honglu Technology. This transaction marks a deep collaboration between the two parties, focusing on the global development of the "AI + Animation" ecosystem and on promoting AI innovation in animation production. Honglu Technology is dedicated to innovation and R&D in animation technology, including the transition from traditional animation to computer-generated graphics and the application of emerging technologies such as rendering, animation algorithms, and AI research. The company strives to provide high-quality, engaging animated content and to advance the animation industry continuously. Its core business includes 3D animated series, shorts, and feature films. Its expansion efforts include image licensing,
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KXIN
News
- Kaixin Holdings Announces Share Consolidation [Yahoo! Finance]Yahoo! Finance
- Kaixin Holdings to enact 1-for-30 share consolidation; shares down [Seeking Alpha]Seeking Alpha
- Kaixin Holdings Announces Share ConsolidationGlobeNewswire
- Kaixin Holdings Establishes Digital Asset Management Department and Launches Digital Asset Allocation StrategyGlobeNewswire
- Kaixin Holdings Announces Annual General Meeting ResultsGlobeNewswire
KXIN
Sec Filings
- 12/2/25 - Form 6-K
- 11/25/25 - Form 6-K
- 11/24/25 - Form F-3
- KXIN's page on the SEC website