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Stock impact report

Kaixin Auto Holdings Announces Change to its Board Members

Kaixin Holdings - Ordinary Shares (KXIN) 
Company Research Source: GlobeNewswire
BEIJING, April 07, 2020 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN), one of the primary dealership networks in the premium used car segment in China, today announced that Sing Wang, has resigned from Kaixin’s board of directors, effective April 1, 2020, in order to focus on other business obligations. Mr. Wang has served as chairman of the Nominating and Corporate Governance Committee and a member of the Audit Committee since Kaixin Auto Group consummated its business combination with CM Seven Star Acquisition Corporation through a share exchange, on April 30, 2019. "On behalf of my fellow directors, the Company's management team, and shareholders, I'd like to thank Sing for the significant contributions he made during his service on Kaixin's Board," said Mr. Joseph Chen, chairman of Kaixin. "Sing's financial acumen and experience with complex corporate restructuring efforts brought invaluable insight to our organization during the Company's Show less Read more
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