ECARX completes roughly $266M Flyme acquisition

Approximately 70% of the all-cash consideration was funded through syndicated bank loans with a 10-year maturity.

Rhea-AI Filing Summary

ECARX Holdings Inc. completed its acquisition of 100% of the equity interest in Hubei Qiguang Technology Co., Ltd., the newly carved-out entity holding the Flyme software business, for RMB1.8 billion (approximately US$266 million). The all-cash consideration was funded with approximately 70% syndicated bank loans from Chinese commercial banks on market terms with a 10-year maturity and approximately 30% from internal sources. The consideration was compared with an independent valuation of RMB1.824 billion as of May 31, 2026. Following closing, ECARX will provide a RMB200 million capital injection to support the acquired entity’s operations.

Flyme includes Flyme Auto, an in-vehicle cockpit operating system, and Flyme OS, a cross-device operating system. ECARX will operate Flyme as an independent software division; Flyme Auto is already deployed in 3.5 million production vehicles across multiple OEM partners. The acquired entity houses mission-critical Flyme intellectual property, R&D teams, engineering resources, OEM customer contracts and supporting infrastructure. ECARX says Flyme complements its Cloudpeak cross-domain software stack, with Flyme Auto providing the in-cabin application layer for vehicles in China and Flyme OS connecting vehicles, smartphones and smart devices.

1 point · 1 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

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Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 0 points

How the balance works

Positive

• Major pointFlyme acquisition adds an operating system already deployed in 3.5 million production vehicles.

Negative

• None.

Filing Explained

This 6-K incorporates its report and acquisition exhibit into two specified registration statements from October 5, 2026, unless later superseded, making the acquisition disclosure part of those registration documents.

Key Figures

Acquisition consideration: RMB1.8 billion (approximately US$266 million) Independent valuation: RMB1.824 billion Syndicated bank loan funding: Approximately 70% +5 more

8 metrics

Acquisition consideration RMB1.8 billion (approximately US$266 million) Consideration paid for 100% of the Acquired Entity’s equity

Independent valuation RMB1.824 billion As of May 31, 2026

Syndicated bank loan funding Approximately 70% Share of the all-cash transaction consideration; loans from Chinese commercial banks on market terms

Loan maturity 10 years Syndicated bank loans financing the acquisition

Internal funding Approximately 30% Share of the all-cash transaction consideration

Capital injection RMB200 million To support the Acquired Entity’s operations following closing

Flyme Auto deployment 3.5 million production vehicles Across multiple OEM partners

ECARX technology deployment Over 12 million vehicles Worldwide

Key Terms

syndicated bank loans, capital injection, in-vehicle cockpit operating system, cross-device operating system, +1 more

5 terms

syndicated bank loans financial

"approximately 70% syndicated bank loans from Chinese commercial banks"

A syndicated bank loan is a large loan provided by a group of banks and lenders who pool money and share the risk, like several people chipping in to buy an expensive item too big for one person. Investors care because these loans finance major corporate activities, affect a company’s debt load and default risk, and often carry variable interest and senior repayment priority that influence bond and equity valuations.

capital injection financial

"provide the Acquired Entity with a RMB200 million capital injection"

A capital injection is new money put into a company by owners, investors or lenders to shore up its finances, fund operations or support growth. Think of it as giving a struggling boat extra ballast or putting fuel in a car — it keeps the company running and reduces the risk of failure. For investors, it matters because it can lower bankruptcy risk but may change ownership stakes or increase debt, affecting future returns.

in-vehicle cockpit operating system technical

"Flyme Auto, an in-vehicle cockpit operating system"

cross-device operating system technical

"Flyme OS, a cross-device operating system"

cross-domain software stack technical

"complements ECARX’s Cloudpeak cross-domain software stack"

A cross-domain software stack is a bundled set of software layers—from underlying infrastructure to application tools—designed to run and connect applications across different environments or business areas (for example, multiple industries, networks, or security zones). For investors, it matters because such a stack can lower development costs, speed product rollouts and unlock larger markets through reuse and interoperability, while also concentrating technical and security risks that affect product reliability and future costs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did ECX pay for the Flyme business?

ECARX paid RMB1.8 billion (approximately US$266 million) for 100% of the Acquired Entity’s equity. The consideration was compared with an independent valuation of RMB1.824 billion as of May 31, 2026.

What happens to Flyme OS users after ECX acquired the business?

Existing operators of Flyme OS will continue to receive updates, and user data will remain in each operator’s ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 001-41576

ECARX Holdings Inc.

(Translation of registrant’s name into English)

Second Floor North

International House

1 St. Katharine’s Way

London E1W 1UN

United Kingdom

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x      Form 40-F o

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

This current report on Form 6-K, including the exhibit hereto, is incorporated by reference into the post-effective amendment No. 2 to the registration statement on Form F-1 on Form F-3 (File No. 333-271861) and registration statement on Form F-3 (File No. 333-288811) and shall be a part of such registration statements from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBIT INDEX

Exhibit No.			Description
99.1			ECARX Announces Completion of Flyme Acquisition

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ECARX Holdings Inc.

By						/s/Dylan D. Jeng
Name			:			Dylan D. Jeng
Title			:			Chief Financial Officer

Date: October 5, 2026

ECARX Completes Acquisition of Flyme Software Business, Securing End-to-End Operating System Capabilities

•Completion brings Flyme Auto and Flyme OS fully in-house, aligning ECARX’s hardware and software roadmaps across the technology stack

•Flyme to operate as an independent software division, preserving R&D continuity and ensuring a seamless transition for existing customers

London, October 5, 2026 — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a leading global automotive intelligence business, today announced the completion of its acquisition of the entire Flyme software business portfolio, first announced on June 22, 2026. Through the transaction, ECARX acquired 100% of the equity interest in Hubei Qiguang Technology Co., Ltd. (the “Acquired Entity”), a new entity carved out from DreamSmart Group to hold the Flyme business, comprising Flyme Auto, an in-vehicle cockpit operating system, and Flyme OS, a cross-device operating system.

Flyme Auto is already deployed by ECARX in 3.5 million production vehicles across multiple OEM partners, and Flyme OS is built on more than 15 years of continuous R&D and mass-market deployment across vehicles, smartphones and smart wearables. ECARX will operate Flyme as an independent software division. Existing operators of Flyme OS will continue to receive updates, and user data will remain in each operator’s ownership.

Ziyu Shen, Founder and CEO of ECARX Holdings Inc commented:

"The completion of the Flyme acquisition marks an important milestone in our strategy to build a fully integrated hardware and software platform. By bringing Flyme's operating system, user experience, AI capabilities, and ecosystem expertise in-house, we strengthen our ability to deliver tightly optimized solutions that connect our silicon, computing platforms, and intelligent software into a unified offering. Owning the entire technology stack will enhance product differentiation, accelerate innovation, improve development efficiency, and create new revenue opportunities through software licensing, integration services, and connected car ecosystem monetization. Ultimately, Flyme positions ECARX to deliver a more compelling end-to-end experience for automakers while strengthening our long-term competitive advantage."

Flyme complements ECARX’s Cloudpeak® cross-domain software stack, with Flyme Auto providing the in-cabin application layer for vehicles in China and Flyme OS enabling seamless connectivity between vehicles, smartphones and smart devices. The expanded portfolio will provide global automakers with greater flexibility to engage with ECARX across multiple layers of the technology stack, from standalone hardware and software solutions to full-stack products.

Transaction Details

The total consideration paid for 100% of the equity of the Acquired Entity was RMB1.8 billion (approximately US$266 million), as compared with an independent valuation of RMB1.824 billion as of May 31, 2026.

The acquisition was executed as an all-cash transaction, consisting of approximately 70% syndicated bank loans from Chinese commercial banks on market terms with a 10-year maturity, and approximately 30% from internal sources. Following closing, ECARX will provide the Acquired Entity with a RMB200 million capital injection to support its operations.

The Acquired Entity houses all mission-critical Flyme intellectual property, R&D teams, engineering resources, OEM customer contracts and supporting operational infrastructure.

About ECARX

ECARX (Nasdaq: ECX), headquartered in London, is a leading global automotive intelligence company. ECARX provides the intelligent brain that powers the next generation of software-defined and AI defined vehicles. The company delivers end-to-end, full-stack solutions spanning advanced system-on-chip hardware, high-performance central computing platforms, intelligent cockpit technology, Advanced Driver Assistance Systems, cloud connectivity and physical AI, alongside bespoke vehicle software and intelligent operating systems.

As automakers transition to software-first and AI-first vehicle architectures, ECARX empowers automakers to streamline integration, reduce systemic complexity and optimize long-term cost efficiency. ECARX's proven technology is deployed across over 12 million vehicles worldwide, and is currently partnered with 18 global automakers and 28 vehicle brands to shape the future of automotive intelligence.

Founded in 2017 and listed on Nasdaq in 2022, ECARX operates from 15 major international locations across Europe, the Americas and Asia, with a global team of over 1,400 employees.

Forward-Looking Statements

This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which we operate. The use of words “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, “objective”, “plan”, or “target”, and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies,

future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate.

For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see ECARX’s filings with the U.S. Securities and Exchange Commission. ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

Investor Contacts:

ir@ecarxgroup.com

Media Contacts:

ecarx@christensencomms.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 12.7 KB