Order Form Vs Purchase Order Seven Shocking Facts About Order Form Vs Purchase Order

NEW YORK, May 18, 2020 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”), Mobile Energy All-around (MEG) analysis has today appear its Qingdao accessory Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has anchored its aboriginal EV adjustment from a Hangzhou-based chump for 130 EV units from SAIC’s Roewe brand.

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The adjustment amount is about RMB 17.5 Million (approx. USD 2.5 Million), and is comprised of 80 units of Roewe’s 2019 archetypal ei6 Honor 80 Deluxe Edition, 20 units of its 2020 EX5 vehicle, and 30 units of its ei5 2020 Deluxe Edition. The adjustment is for absolute commitment and advancing to be completed aural the added quarter. Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd assisted with costs and acquirement activities on account of its customer.

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“We are absolute admiring to accept anchored this aboriginal allusive adjustment for our Qingdao center, decidedly as the chump appropriate costs abetment with its EV orders,” said Alf Poor, CEO of Ideanomics. “Our MEG aggregation was able to accomplish this bound and efficiently, through our Qingdao subsidiary, accepting the chump the agreement they needed. This blazon of adjustment is absolutely why we developed our S2F2C model, and we’re captivated our Qingdao activities are underway.”

About IdeanomicsIdeanomics is a all-around aggregation focused on facilitating the acceptance of bartering electric cartage and developing abutting bearing banking casework and Fintech products. Its electric agent division, Mobile Energy All-around (MEG) provides accumulation purchasing discounts on bartering electric vehicles, EV batteries and electricity as able-bodied as costs and charging solutions. Ideanomics Capital includes DBOT ATS and Intelligenta which accommodate avant-garde banking casework solutions powered by AI and blockchain. MEG and Ideanomics Capital accommodate our all-around barter and ally with bigger efficiencies and technologies and greater admission to all-around markets.

The aggregation is headquartered in New York, NY, and has offices in Beijing and Qingdao, China.

Safe Harbor StatementThis columnist absolution contains assertive statements that may accommodate “forward attractive statements”. All statements added than statements of absolute actuality included herein are “forward-looking statements.” These advanced statements are generally articular by the use of advanced analogue such as “believes,” “expects” or agnate expressions, absorb accepted and alien risks and uncertainties, and accommodate statements apropos our ambition to alteration our business archetypal to become a next-generation banking technology company, our business action and planned artefact offerings, our ambition to appearance out our oil trading and customer electronics businesses, and abeyant approaching banking results. Although the Aggregation believes that the expectations reflected in such advanced statements are reasonable, they do absorb assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not abode disproportionate assurance on these advanced statements, which allege alone as of the date of this columnist release. The Company’s absolute after-effects could alter materially from those advancing in these advanced statements as a aftereffect of a array of risks and uncertainties, such as risks accompanying to: our adeptness to abide as a activity concern; our adeptness to accession added costs to accommodated our business requirements; the transformation of our business model; fluctuations in our operating results; ache to our cadre management, banking systems and added assets as we abound our business; our adeptness to allure and absorb key advisers and chief management; aggressive pressure; our all-embracing operations; and added risks and uncertainties appear beneath the sections advantaged “Risk Factors” and “Management’s Discussion and Analysis of Banking Condition and After-effects of Operations” in our best contempo Form 10-K and Form 10-Q filed with the Balance and Exchange Commission, and agnate disclosures in consecutive letters filed with the SEC, which are accessible on the SEC website at www.sec.gov. All advanced statements attributable to the Aggregation or bodies acting on its account are especially able in their absoluteness by these accident factors. Added than as appropriate beneath the balance laws, the Aggregation does not accept a assignment to amend these forward-looking statements.

Investor Relations and Media ContactTony Sklar, VP of Communications 55 Broadway, 19th Floor New York, New York 10006 Email: [email protected]

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SOURCE Ideanomics

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Last Updated: May 20th, 2020 by admin
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