Welcome to our dedicated page for Kandi Technologies Group SEC filings (Ticker: KNDI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kandi Technologies Group, Inc. filings document a British Virgin Islands company that reports as a foreign private issuer and furnishes current information on Form 6-K. The disclosures cover financial results for its off-road vehicle and EV product businesses, revenue mix, gross profit, cash and deposit balances, and management discussion of operating performance.
Regulatory filings also include exhibits with company press releases, Nasdaq minimum-bid-price compliance notices affecting its ordinary shares, and references to annual reporting on Form 20-F. These records frame Kandi’s public-company reporting around operating results, exchange-listing status, capital resources, and foreign-issuer disclosure requirements.
Kandi Technologies Group, Inc. reported a board change effective May 31, 2026. Independent director Lin Yi resigned from the board and from the Compensation Committee and the Nominating and Corporate Governance Committee for personal reasons, with no disagreements related to company operations or policies.
The company appointed Yang Rui, age 54, as a new independent director and member of the same two committees. Rui is a senior engineer with a doctorate in Power Engineering and Engineering Thermophysics and long experience in the automotive industry. He will receive annual cash compensation of RMB 60,000 (approximately USD 8,823). The company states there are no family relationships, related-party transactions, or appointment arrangements involving Rui and any directors, officers, or third parties.
Kandi Technologies Group, Inc. has received a Nasdaq notice that its ordinary shares are out of compliance with the $1.00 minimum bid price requirement after trading below that level for 30 consecutive business days from March 23 through May 4, 2026. The notice does not immediately affect the listing of its shares on the Nasdaq Global Select Market.
Kandi has 180 calendar days, until November 2, 2026, to regain compliance, which would occur if the closing bid price is at least $1.00 for ten consecutive business days. If it cannot regain compliance by then, the company may seek a transfer to the Nasdaq Capital Market and potentially take actions such as a reverse stock split. Failure to cure the deficiency could ultimately lead to a Nasdaq delisting determination, though Kandi could appeal.
Kandi Technologies Group, Inc. is a British Virgin Islands holding company listed on the Nasdaq Global Select Market, with 82,705,365 ordinary shares outstanding as of December 31, 2025. Its operations are conducted mainly through subsidiaries in China focused on electric vehicles and pure electric off-road vehicles.
The company highlights significant risks from its China-focused structure, including dependence on dividends from PRC subsidiaries, evolving PRC regulation on overseas listings, data security and cybersecurity reviews, and potential impacts of the Holding Foreign Companies Accountable Act and PCAOB inspections. It also discloses business risks such as rapid technology change, product liability exposure, reliance on key executives, intellectual property challenges, lithium-ion battery safety concerns, environmental compliance costs, and heavy customer and supplier concentration.
Kandi Technologies Group, Inc. is a British Virgin Islands holding company listed on the Nasdaq Global Select Market, with 82,705,365 ordinary shares outstanding as of December 31, 2025. Its operations are conducted mainly through subsidiaries in China focused on electric vehicles and pure electric off-road vehicles.
The company highlights significant risks from its China-focused structure, including dependence on dividends from PRC subsidiaries, evolving PRC regulation on overseas listings, data security and cybersecurity reviews, and potential impacts of the Holding Foreign Companies Accountable Act and PCAOB inspections. It also discloses business risks such as rapid technology change, product liability exposure, reliance on key executives, intellectual property challenges, lithium-ion battery safety concerns, environmental compliance costs, and heavy customer and supplier concentration.
Kandi Technologies reported six-month net revenues of $36.3 million, down 39.3% from $59.8 million a year earlier, driven by a 37.0% drop in off-road vehicle and parts sales to $34.0 million. Cost of goods sold fell to $19.9 million from $40.9 million, and gross profit decreased to $16.4 million from $19.0 million, though overall gross margin rose to 45.2% from 31.7% due to product mix and regional shifts.
Operating loss narrowed to $1.9 million from $4.4 million, while net income attributable to Kandi was $1.7 million (EPS $0.02) versus $2.3 million (EPS $0.03) prior year. R&D rose to $2.5 million (+48.5%) for battery projects; selling, distribution, and G&A expenses declined. Cash and equivalents totaled $257 million and working capital was $237.8 million.