BEIJING, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the signing of a term sheet to acquire Honglu Technology, a leading Chinese AI animation company. Kaixin plans to issue new shares to acquire a 51% stake in Honglu Technology. This transaction marks a deep collaboration between the two parties, focusing on the global development of the "AI + Animation" ecosystem and on promoting AI innovation in animation production. Honglu Technology is ded ...