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Stock impact report

Kaixin Auto Holdings Announces Appointment of New Auditor

Kaixin Holdings - Ordinary Shares (KXIN) 
Company Research Source: GlobeNewswire
BEIJING, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (NASDAQ: KXIN) (“Kaixin” or the “Company”), a leading premium used car dealership network in China, today announced the appointment of KPMG Huazhen LLP ("KPMG") as the Company's new independent registered public accounting firm, effective November 5, 2019. The appointment of KPMG was made after a careful and thorough evaluation process and has been approved by the Company's audit committee. Renren, Kaixin’s corporate parent, has also appointed KPMG as its independent registered public accounting firm, replacing Deloitte Touche Tohmatsu Certified Public Accountants LLP (“Deloitte”), also effective November 5, 2019. About Kaixin Auto Holdings Founded in 2015 as a venture into China’s used car financing market by its corporate parent Renren Inc., Kaixin Auto Holdings operates a leading premium used car dealership network in China. Supported by the rapid growth of China’s used car market and leveraging its own hybrid bu Show less Read more
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