AMERICAN COMNTY NEWSPAPERS INC COM

ANE

Aochuang Holdings Inc. plans to raise $6.25 million in an IPO. The company operates 4S electric vehicle dealerships in Hainan Province, China, but faces intense competition and has seen reduced revenue and profit. Aochuang's financials show negative free cash flow, increasing cash used in operations, and a high valuation multiple compared to industry norms.