Kaixin Auto Holdings Announces Changes To Board Members

Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ:KXIN) today announced that Mr. Joseph Chen has resigned from Kaixin's board of directors (the "Board"), with effect from May 9,

Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ:KXIN) today announced that Mr. Joseph Chen has resigned from Kaixin’s board of directors (the “Board”), with effect from May 9, 2021, in order to focus on other business obligations. Mr. Mingjun Lin, Mr. Xiaolei Gu and Mr. Deqiang Chen were appointed by the Board as the directors of the Company, with effect from May 9, 2021. Mr. Mingjun Lin was appointed as the chairman of the Board.
 

Mr. Joseph Chen has served as a director and the chairman of the Board since Kaixin’s establishment. “On behalf of my fellow directors, the Company’s management team, and shareholders, I would like to thank Joseph for the significant contributions that he made during his service on Kaixin’s Board. We wish him the best in his future endeavours”, said Mr. Mingjun Lin, Kaixin’s newly appointed chairman of the Board.

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