EX5

Kaixin Auto Holdings Announces Non-Binding Acquisition Term Sheet with WM Motor

Retrieved on: 
Monday, September 11, 2023
EX5, EU, ASEAN, E5, WVTA, SSTA, Certification, Acquisition, European, City, R, Software, Automotive industry, Warehouse, Kaixin001, W6

BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has signed a non-binding acquisition term sheet with WM Motor Holdings Limited ("WM Motor"), planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders.

Key Points: 
  • BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has signed a non-binding acquisition term sheet with WM Motor Holdings Limited ("WM Motor"), planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders.
  • WM Motor has successfully developed and delivered four models of smart electric vehicles in volume, i.e.
  • The WM Motor management team has very rich international business experience and has made major breakthroughs in overseas expansion this year.
  • Through the intended acquisition, WM Motor will gain access to more capital support to enhance the development of its smart mobility business!”

LIZHI INC. Partners with WM Motor to Create Branded Podcasts

Retrieved on: 
Monday, April 26, 2021
EX5

b'GUANGZHOU, China, April 26, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced its cooperation with WM Motor, an emerging Chinese electric vehicle company, to create WM Motor\'s first branded podcast on the LIZHI Podcast app (LIZHI BOKE in Chinese).

Key Points: 
  • b'GUANGZHOU, China, April 26, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced its cooperation with WM Motor, an emerging Chinese electric vehicle company, to create WM Motor\'s first branded podcast on the LIZHI Podcast app (LIZHI BOKE in Chinese).
  • Last week, LIZHI announced that it entered into a collaboration with WM Motor to integrate LIZHI\'s in-car audio product into WM Motor\'s in-car system for its electric vehicles.
  • Since its establishment in 2015, WM Motor has developed multiple smart electric vehicle models including WM EX5, WM EX6 Plus and the recently launched WM W6.
  • Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, commented,"After announcing our partnership to create branded podcasts with POP MART and Tiger Brokers separately, we are excited to cooperate with WM Motor to create a branded podcast channel on LIZHI Podcast.

LIZHI Enters Into In-Car Audio Collaboration with WM Motor

Retrieved on: 
Monday, April 19, 2021
EX5, Cars, Weltmeister

b'GUANGZHOU, China, April 19, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has entered into a collaboration with WM Motor, an electric vehicle manufacturing company in China, to integrate LIZHI\'s in-car audio product into WM Motor\'s in-car system for its electric vehicles.

Key Points: 
  • b'GUANGZHOU, China, April 19, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has entered into a collaboration with WM Motor, an electric vehicle manufacturing company in China, to integrate LIZHI\'s in-car audio product into WM Motor\'s in-car system for its electric vehicles.
  • LIZHI\'s related in-car audio product has been officially launched on the WM W6 model.\nWM Motor is an emerging player that provides new energy mobility solutions in China.
  • Since its establishment in 2015, WM Motor has developed a range of electric vehicle models including WM EX5, WM EX6 Plus, and the recently launched WM W6.
  • With this collaboration, we hope to bring our extensive audio content and exclusive premium podcasts on LIZHI Podcast (LIZHI BOKE in Chinese) to a wider audience.

LIZHI Enters into In-Car Audio Collaboration with WM Motor

Retrieved on: 
Monday, April 19, 2021
EX5, Cars, Weltmeister

b'GUANGZHOU, China, April 19, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has entered into a collaboration with WM Motor, an electric vehicle manufacturing company in China, to integrate LIZHI\'s in-car audio product into WM Motor\'s in-car system for its electric vehicles.

Key Points: 
  • b'GUANGZHOU, China, April 19, 2021 /PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has entered into a collaboration with WM Motor, an electric vehicle manufacturing company in China, to integrate LIZHI\'s in-car audio product into WM Motor\'s in-car system for its electric vehicles.
  • LIZHI\'s related in-car audio product has been officially launched on the WM W6 model.\nWM Motor is an emerging player that provides new energy mobility solutions in China.
  • Since its establishment in 2015, WM Motor has developed a range of electric vehicle models including WM EX5, WM EX6 Plus, and the recently launched WM W6.
  • With this collaboration, we hope to bring our extensive audio content and exclusive premium podcasts on LIZHI Podcast (LIZHI BOKE in Chinese) to a wider audience.