HANGZHOU, China, Aug. 13, 2024 — Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and sales platform in China, announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) on October 1, 2024, at 10:00 a.m. (Beijing time). The meeting will be held at 198 Qidi Road, Unit B2-303-137, Beigan Community, Xiaoshan District, Hangzhou, Zhejiang Province, China. The purpose of the meeting is to consider and, if approved, pass the resolutions outlined in the Company’s Notice of Extraordinary General Meeting and Proxy.

The Company’s board of directors has set August 13, 2024 (Beijing time) as the record date (the “Record Date”) for ordinary shares. Shareholders of record as of the Record Date are eligible to attend and vote at the EGM, or any subsequent adjournments or postponements.

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (“SEC”). The Form 20-F can be accessed on the SEC’s website at http://www.sec.gov and the Company’s website at .

About Kaixin Holdings

Kaixin Holdings is a leading new energy vehicle manufacturer in China, boasting professional teams with extensive experience in research and development, production, marketing, and production facilities equipped for stamping, welding, painting, and assembly operations. Kaixin produces various electric passenger and logistics vehicle models. The Company is dedicated to establishing a competitive international market presence that integrates online and offline channels, along with diversified business operations. Leveraging the expertise of its professional teams and inspired by innovation and sustainability, Kaixin aims to contribute to achieving the goals of “peak carbon emissions and carbon neutrality”.

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

SOURCE: Kaixin Holdings