Business
Kaixin Holdings Announces Acquisition of XINGCAN, Launching AI Education Business
BEIJING, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the signing of a term sheet with XINGCAN, a leading Chinese AI education innovation company. Kaixin plans to issue new shares to acquire a 55% stake in XINGCAN. The transaction marks the in-depth collaboration between the two parties, focusing on the global development of the "AI + Education + Live Streaming" ecosystem and accelerating the intelligent upgrade of the education in
About this update from Kaixin Holdings
[{"type":"text","content":"BEIJING, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the signing of a term sheet with XINGCAN, a leading Chinese AI education innovation company. Kaixin plans to issue new shares to acquire a 55% stake in XINGCAN. The transaction marks the in-depth collaboration between the two parties, focusing on the global development of the "AI + Education + Live Streaming" ecosystem and accelerating the intelligent upgrade of the education industry.","length":517,"tagName":"p"},{"type":"text","content":"XINGCAN has established a leading position in AI education, with a focus on the deep integration of "live streaming + education." The business model furnishes both a high-frequency entry point for users to acquire knowledge and a central hub in the closed loop of educational services. XINGCAN has built a full-chain educational ecosystem covering "content production + live streaming interaction + teaching services + user growth." Its core capabilities are comprised of three pillars:","length":506,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Intelligent Education Engine: A proprietary AI customer acquisition system that enables automatic course content generation (scripts/materials), real-time optimization of livestream interactions (emotion recognition + script suggestions), and intelligent analysis of student learning data (LTV prediction + personalized recommendations).","length":337,"tagName":"p"}]},{"val":[{"type":"text","content":"AI Education Ecosystem: A closed-loop ecosystem of "content + traffic + service + technology” with livestreaming as the core scenario, featuring four business modules: IP incubation (paid teachers), course delivery (recorded/livestream classes), user management (private domain SaaS tools), and technology empowerment (intelligent teaching assistants answering questions).","length":377,"tagName":"p"}]},{"val":[{"type":"text","content":"Knowledge Creator Network: Using AI tools to lower the barrier to knowledge production, it has incubated numerous teacher IPs across diverse sectors, covering K-12, vocational education, and adult hobbies, serving over 300,000 users annually and boasting 300% improvement in teaching efficiency.","length":295,"tagName":"p"}]}],"tagName":"ul","bulletedList"...