Kandi Technologies to Report First Quarter 2020 Financial Results and Hold a Conference Call on June 5, 2020

Rhea-AI Summary

Kandi Technologies Group (NASDAQ: KNDI) will release its Q1 2020 financial results on June 5, 2020, before the U.S. market opens. A conference call with management is scheduled for the same day at 8:00 A.M. Eastern Time, featuring prepared remarks followed by a Q&A session. Investors can participate via toll-free and international dial-in numbers or access the webcast through the company's website. Kandi, based in Jinhua, China, specializes in manufacturing electric vehicle products and has relevant partnerships, including a significant investment with Geely Group.

Positive

• Scheduled Q1 2020 financial results announcement may provide transparency and updated performance metrics.
• The upcoming conference call offers an opportunity for investor engagement and clarification of business direction.

Negative

• None.

Jinhua, China, May 28, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2020 financial results on Friday, June 5, 2020, before the U.S. stock market open.

The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on Friday, June 5, 2020. Management will deliver prepared remarks to be followed by a question and answer session.

The dial-in details for the conference call are as follows:

• Toll-free dial-in number: +1-877-407-3982
• International dial-in number: + 1-201-493-6780
• Webcast and replay: http://public.viavid.com/index.php?id=140085  

The live audio webcast of the call can also be accessed by visiting Kandi's Investor Relations page on the Company's website at http://www.kandivehicle.com.  An archive of the webcast will be available on the Company's website following the live call.

About Kandi Technologies Group, Inc.

Kandi Technologies Group, Inc. (KNDI), headquartered in Jinhua Economic Development Zone, Zhejiang Province, is engaged in the research, development, manufacturing, and sales of various vehicular products. Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries, SC Autosports, LLC, the wholly-owned subsidiary of Kandi in the United States and Fengsheng Automobile Technology Group Co., Ltd (formerly known as Kandi Electric Vehicles Group Co., Ltd., the “Affiliate Company”). Kandi Vehicles has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.

In 2013, Kandi Vehicles and Geely Group, China's leading automaker, jointly invested in the establishment of the Affiliate Company in order to develop, manufacture and sell pure electric vehicle ("EV") products. Geely Group (including its affiliate) and Kandi Vehicles currently holds 78% and 22% of the equity interests in the Affiliate Company, respectively. The Affiliate Company has established itself as one of the driving forces in the development and the manufacturing of pure EV products in China.

More information about KNDI is available on the Company's corporate website at http://www.kandivehicle.com. The Company routinely posts important information on its website.

Safe Harbor Statement

This press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on the SEC's website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

Follow us on Twitter: @ Kandi_Group

Investor Relations Contact:

Kandi Technologies Group, Inc.
Ms. Kewa Luo
Phone: +1 (212) 551-3610
Email: IR@kandigroup.com

The Blueshirt Group
Mr. Gary Dvorchak
Email: gary@blueshirtgroup.com

Ms. Susie Wang
Phone: +86 (138) 1081-7454
Email: susie@blueshirtgroup.com

FAQ

When will Kandi Technologies report its Q1 2020 financial results?

Kandi Technologies will report its Q1 2020 financial results on June 5, 2020.

What time is Kandi Technologies' conference call for Q1 2020 results?

The conference call is scheduled for 8:00 A.M. Eastern Time on June 5, 2020.

How can I listen to the Kandi Technologies Q1 2020 results conference call?

You can listen to the conference call by dialing the toll-free number +1-877-407-3982 or accessing the webcast on Kandi's Investor Relations page.

What is Kandi Technologies' stock symbol?

Kandi Technologies' stock symbol is KNDI.