Ideanomics' MEG Signs a Framework Strategic Agreement with Smart Travel Technology Leader, Qinou Group

Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), Mobile Energy Global (MEG) division is pleased to announced that its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co. has signed a framework strategic cooperation agreement with Zhejiang Qinou Holding Group Co., Ltd (Qinou Group). Under the terms of the agreement, MEG will provide Qinou Holdings with its S2F (sales to financing) capabilities, to facilitate the procurement and financing of the electric taxis and battery exchange systems.
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