MASHINIi

Kaixin Holdings.

KXIN.US | Sale of motor vehicles

Kaixin Holdings, formerly known as China Auto Logistics Inc., is a service provider in China's used car market. The company facilitates various aspects of used car transactions, including inspection, valuation, and title transfer. It also provides financing solutions and warranty services to both bu...Show More

Ethical Profile

Mixed.

Kaixin Holdings (KXIN.US) has a mixed ethical profile. The company secured an intention order valued at RMB 2 billion (USD$295 million) to supply 5,000 electric vehicles for public health services, equipped to collect medical data. This initiative suggests a commitment to reducing carbon emissions and contributing to public health. However, critics point to concerning business practices, including a Nasdaq non-compliance notice regarding its minimum bid price. Reports also suggest "material weaknesses" in internal controls, such as inadequate resources for US GAAP and SEC reporting, and a lack of effective risk assessment. The company has also retroactively restated financial statements, which may indicate past inconsistencies.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-40
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

The company's primary business involves used car sales and new energy vehicle manufacturing.

1
While Kaixin Holdings is supplying 5,000 electric vehicles for public health services, equipped for medical data collection, routine physicals, and chronic disease screening,
2
the provided articles do not offer quantitative data to assess the overall health impact of the firm's entire product portfolio, the percentage of revenue derived from health-related activities, or specific details on health-related R&D investment. Consequently, there is no concrete evidence to score any of the 'Better Health for All' KPIs according to the rubric's specific quantitative thresholds.

Fair Money & Economic Opportunity

0

No evidence was found in the provided articles to assess Kaixin Holdings (KXIN.US) against any of the KPIs for the 'Fair Money & Economic Opportunity' value. The articles primarily discuss the company's transition to an AI-driven tech business focused on online live streaming education platforms and digital asset management, its financial performance, and stock market data.

1
There is no information regarding customer demographics, pricing of financial products, revenue from high-cost products, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcomes for customers, profit reinvestment in community finance, financial literacy programs, customer debt burden ratios, geographic inclusion for financial services, or product simplicity for financial offerings.
2

Fair Pay & Worker Respect

0

No evidence available to assess Kaixin Holdings on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No relevant data was found in the provided articles to assess Kaixin Holdings (KXIN.US) against the 'Fair Trade & Ethical Sourcing' value. All articles either resulted in errors, were empty, or discussed unrelated topics not pertaining to the company's ethical sourcing practices or supply chain.

Honest & Fair Business

-40

The company has adopted a whistleblowing policy and established an anti-fraud and anti-corruption policy.

1
However, there is no evidence of the policy's scope, training frequency, or effectiveness metrics, beyond the mere existence of the policies. The company has also reported 'material weaknesses' in internal controls, specifically citing inadequate resources for US GAAP and SEC reporting, lack of effective risk assessment procedures, and lack of evaluations for internal control functioning.
2
Additionally, financial statements were retroactively restated to reflect a share consolidation, which counts as one restatement in the past five years.
3
The company received multiple Nasdaq non-compliance notices for failing to meet the minimum bid price requirement, though it regained compliance by November 12, 2024, and is under a one-year mandatory panel monitor.
4

Kind to Animals

0

No evidence available to assess Kaixin Holdings on Kind to Animals.

No War, No Weapons

0

No evidence available to assess Kaixin Holdings on No War, No Weapons.

Planet-Friendly Business

0

The provided articles do not contain specific, quantitative data points for any of the 'Planet-Friendly Business' KPIs. While some articles mention the company's involvement with New Energy Vehicles (EVs) or a general commitment to reducing carbon emissions, these are not concrete, measurable facts about environmental performance, emissions, renewable energy use, waste management, or other sustainability metrics.

1
Statements indicating 'no regulatory actions, violations, fines, or compliance issues are mentioned'
2
refer to the content of the articles themselves, not a verified record of zero violations by the company. Therefore, no KPIs can be scored based on the evidence provided.

Respect for Cultures & Communities

0

No specific, concrete evidence was found across the provided articles to assess Kaixin Holdings (KXIN.US) against any of the defined KPIs for the 'Respect for Cultures & Communities' value. The articles explicitly state that no relevant data, quantitative information, or specific details pertaining to these metrics are available.

1

Safe & Smart Tech

-40

The company is subject to extensive PRC regulations concerning data security, and there is ongoing uncertainty regarding its compliance, with potential penalties.

1
Material weaknesses in internal controls over financial reporting have also been identified, and remediation efforts are underway.
2

Zero Waste & Sustainable Products

0

The provided articles do not contain any specific, quantifiable data related to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.

1
The information explicitly states that such data is not provided or mentioned.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.