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Kaixin Holdings Announces Annual General Meeting Results

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Kaixin Holdings (NASDAQ: KXIN) announced that shareholders approved all resolutions presented at its Annual General Meeting held on September 13, 2025. The Board of Directors is authorized to implement a Share Consolidation within a specified ratio range and make corresponding Articles Amendments within 360 days of the resolutions' passage.

The company is undergoing a strategic transformation to become an AI-driven tech business in China, focusing on AI education through XINGCAN's online live streaming education platforms. Kaixin aims to expand its AI capabilities into new areas through a proposed acquisition to drive future growth.

Kaixin Holdings (NASDAQ: KXIN) ha annunciato che gli azionisti hanno approvato tutte le risoluzioni presentate all'Assemblea Generale Annuale tenutasi il 13 settembre 2025. Il Consiglio di Amministrazione è autorizzato ad attuare una Consolidazione delle azioni entro un intervallo di rapporto specificato e a effettuare corrispondenti modifiche agli Statuti entro 360 giorni dall'approvazione delle risoluzioni.

La società sta conducendo una trasformazione strategica per diventare un AI-driven tech business in Cina, concentrandosi sull'istruzione AI tramite le piattaforme di istruzione in live streaming online di XINGCAN. Kaixin mira ad espandere le sue capacità AI in nuovi ambiti attraverso una prevista acquisizione per guidare la crescita futura.

Kaixin Holdings (NASDAQ: KXIN) anunció que los accionistas aprobaron todas las resoluciones presentadas en su Junta General Anual celebrada el 13 de septiembre de 2025. La Junta Directiva está autorizada a implementar una Consolidación de Acciones dentro de un rango de relación especificado y a realizar las correspondientes Enmiendas de los Artículos dentro de 360 días desde la aprobación de las resoluciones.

La empresa está llevando a cabo una transformación estratégica para convertirse en un negocio tecnológico impulsado por IA en China, centrado en la educación con IA a través de las plataformas de educación en vivo por streaming de XINGCAN. Kaixin tiene como objetivo ampliar sus capacidades de IA a nuevas áreas mediante una adquisición propuesta para impulsar el crecimiento futuro.

Kaixin Holdings(NASDAQ: KXIN)는 주주들이 2025년 9월 13일에 개최된 연례 총회에서 제시된 모든 의안이 승인되었다고 발표했다. 이사회는 주식 합병을 규정된 비율 범위 내에서 시행하고 의안의 통과로부터 360일 이내에 관련 정관 개정을 실시할 수 있는 권한을 부여받았다.

회사는 중국의 AI 주도형 기술 기업으로의 전략적 변혁을 추진 중이며, XINGCAN의 온라인 라이브 스트리밍 교육 플랫폼을 통해 AI 교육에 집중하고 있다. Kaixin은 향후 성장을 촉진하기 위해 제안된 인수를 통해 새로운 영역으로 AI 역량을 확장하는 것을 목표로 한다.

Kaixin Holdings (NASDAQ : KXIN) a annoncé que les actionnaires ont approuvé toutes les résolutions présentées à son assemblée générale annuelle tenue le 13 septembre 2025. Le conseil d'administration est autorisé à mettre en œuvre une consolidation d’actions dans une plage de ratio spécifiée et à apporter les amendements correspondants aux statuts dans 360 jours suivant l’adoption des résolutions.

L’entreprise connaît une transformation stratégique pour devenir une entreprise technologique axée sur l’IA en Chine, en mettant l’accent sur l’éducation à l’IA via les plateformes d’éducation en direct par streaming en ligne de XINGCAN. Kaixin vise à étendre ses capacités en IA dans de nouveaux domaines par le biais d’une acquisition proposée afin de stimuler la croissance future.

Kaixin Holdings (NASDAQ: KXIN) gab bekannt, dass die Aktionäre alle Anträge genehmigt haben, die auf der Hauptversammlung am 13. September 2025 vorgelegt wurden. Der Vorstand ist befugt, eine Aktieneubildung (Aktienzusammenlegung) innerhalb eines festgelegten Verhältnisses durchzuführen und entsprechende Änderungen der Satzung innerhalb von 360 Tagen nach Verabschiedung der Beschlüsse vorzunehmen.

Das Unternehmen befindet sich in einer strategischen Transformation zu einem AI-getriebenen Tech-Unternehmen in China, mit Schwerpunkt auf AI-Bildung über XINGCANs Online-Live-Streaming-Bildungsplattformen. Kaixin beabsichtigt, seine KI-Fähigkeiten in neue Bereiche durch eine vorgeschlagene Übernahme zu erweitern, um das zukünftige Wachstum voranzutreiben.

أعلنت Kaixin Holdings (بورصة ناسداك: KXIN) أن جميع القرارات المقدمة في اجتماع الجمعية العمومية السنوي الذي عُقد في 13 سبتمبر 2025 قد تمت الموافقة عليها من قبل المساهمين. يحق لمجلس الإدارة تنفيذ تجمع أسهم ضمن نطاق نسبة محدد وإجراء التعديلات المقابلة على النظام الأساسي خلال 360 يوماً من تمرير القرارات.

تخضع الشركة لتحول إستراتيجي لتصبح شركة تكنولوجية مدفوعة بالذكاء الاصطناعي في الصين، مع التركيز على التعليم بالذكاء الاصطناعي من خلال منصات التعليم عبر البث المباشر على الإنترنت من XINGCAN. يهدف Kaixin إلى توسيع قدراته في الذكاء الاصطناعي إلى مجالات جديدة من خلال عملية استحواذ مقترحة للدفع بالنمو المستقبلي.

Kaixin Holdings(纳斯达克股票代码:KXIN)宣布,股东已通过其在2025年9月13日举行的年度股东大会上提交的所有议案。董事会获授权在规定的比例区间内实施股份合并,并在议案通过后的360天内对公司章程进行相应修订。

该公司正在进行战略转型,成为一家在中国以人工智能为驱动的科技企业,专注于通过 XINGCAN 的在线直播教育平台开展 AI 教育。Kaixin 旨在通过拟议的并购,将其 AI 能力扩展到新领域,以推动未来增长。

Positive
  • None.
Negative
  • Significant business model transition risks
  • Execution uncertainty in new AI-focused 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.

The full text of each resolution was included in the notice of the Annual General Meeting, which was filed with the Securities and Exchange Commission (the “SEC”) on Form 6-K on August 28, 2025. The full text of each resolution is also available on the Company’s website, ir.kaixin.com. Capitalized terms not otherwise defined in this announcement shall have the meanings assigned to them in the Company’s notice of the Annual General Meeting dated August 28, 2025.

The Board of Directors of the Company is authorized to set a ratio within the Range to implement the Share Consolidation and make the Articles Amendments of the Company accordingly within 360 days after the shareholders’ passage of the resolutions.

About Kaixin Holdings

Kaixin Holdings is committed to transitioning into an AI-driven tech business located in China. XINGCAN utilizes AI technologies to develop and operate online live streaming education platforms and packages, serving both domestic and international audiences. Through the proposed acquisition, Kaixin enters the AI education business and aims to expand its AI capacity into new areas to create more growth opportunities.

Safe Harbor Statement

This announcement may contain forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" or other similar expressions. Statements that are not historical facts, including statements about Kaixin’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and strategies; our future business development, financial condition and results of operations; our expectations regarding demand for and market acceptance of our services; our expectations regarding the retention and strengthening of our relationships with auto dealerships; our plans to enhance user experience, infrastructure and service offerings; competition in our industry in China; and relevant government policies and regulations relating to our industry. Further information regarding these and other risks is included in our other documents filed with the SEC. All information provided in this announcement and in the attachments is as of the date of this announcement, and Kaixin does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

Kaixin Holdings
Investor Relations
Email: ir@kaixin.com


FAQ

What resolutions did Kaixin Holdings (NASDAQ: KXIN) shareholders approve at the 2025 AGM?

Shareholders approved all resolutions at the September 13, 2025 AGM, including authorization for the Board to implement a Share Consolidation and make Articles Amendments within 360 days.

What is Kaixin Holdings' new business strategy?

Kaixin is transitioning into an AI-driven tech business in China, focusing on AI education through XINGCAN's live streaming education platforms and plans to expand AI capabilities into new areas.

When will Kaixin Holdings implement its Share Consolidation?

The Board has 360 days from the September 13, 2025 shareholder approval to implement the Share Consolidation within the approved ratio range.

What is XINGCAN's role in Kaixin Holdings' business?

XINGCAN develops and operates AI-powered online live streaming education platforms serving domestic and international audiences, representing Kaixin's entry into the AI education business.

How is Kaixin Holdings entering the AI education market?

Kaixin is entering the AI education market through a proposed acquisition of XINGCAN, which operates AI-powered live streaming education platforms.
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