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Kaixin Auto shares jumped more than 16% in premarket trading.

Tiger Newspress2021-12-23

Kaixin Auto shares jumped more than 16% in premarket trading.

Kaixin Auto(NASDAQ:KXIN)has reached a strategic partnership agreement with Beijing Shencheng Biotechnology Group Limited.

Shencheng is a well-known biotechnology company engaged in waste sorting and recycling in China.

Under the terms, Shencheng agrees to purchase 10,000 customized new energy trucks from Kaixin over the next 5 years for its environmental protection and resource recycling projects.

The total value is around $250 million.

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评论8

  • Gaga71
    ·2021-12-24
    One off deal?
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  • SPOT_ON
    ·2021-12-24
    Like
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  • WSBApes
    ·2021-12-23
    like this comment
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  • Chitz
    ·2021-12-23
    Good
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  • SYFU
    ·2021-12-23
    Is shaggy
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  • diamondHands
    ·2021-12-23
    Like please
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  • Kendro
    ·2021-12-23
    scamm? 
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    收起
  • Evanchills
    ·2021-12-23
    Comment and like
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    • betka
      ye;)
      2021-12-23
      回复
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