ECARX signs deal to buy full Flyme software business for RMB 1.8 billion

• ECARX agreed to buy the full Flyme software business, covering Flyme Auto in-vehicle OS and the cross-device Flyme OS.
• The deal expands an April 2026 acquisition plan, shifting to a full carve-out and 100% equity purchase from DreamSmart-linked sellers.
• Total consideration set at RMB 1.8 billion (about USD 266 million), versus an independent equity valuation of RMB 1.82 billion as of May 31, 2026.
• Funding planned at about 70% syndicated bank loans with 10-year maturity, 30% internal sources; payments split 30% then 70%.
• Flyme Auto OS has been deployed in over 2 million vehicles; ECARX plans to run Flyme as an independent software division post-close.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ECARDX Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606220605PR_NEWS_USPR_____CN88655) on June 22, 2026, and is solely responsible for the information contained therein.