Kandi Technologies expects 1-for-10 reverse split

The company says the split will not change shareholders’ percentage interests, except for adjustments from fractional-share treatment.

Rhea-AI Filing Summary

Kandi Technologies Group, Inc. (KNDI) expects to implement a 1-for-10 reverse stock split of its ordinary shares, effective at the opening of the market on October 16, 2026; split-adjusted trading is expected to begin then. Every 10 ordinary shares will be consolidated into one.

Before effectiveness, the company had 103,002,499 ordinary shares issued and outstanding. Par value will change from $0.001 to $0.01 per share. Fractional shares will be rounded up to the nearest whole share at a participant level. The company says the split will not change shareholders’ percentage interests, except for adjustments from fractional-share treatment.

Key Figures

Reverse stock split ratio: 1-for-10 Ordinary shares issued and outstanding: 103,002,499 shares Par value before split: $0.001 per share +1 more

4 metrics

Reverse stock split ratio 1-for-10 Ordinary shares

Ordinary shares issued and outstanding 103,002,499 shares Before effectiveness of the reverse stock split

Par value before split $0.001 per share Ordinary shares

Par value after split $0.01 per share Ordinary shares

Key Terms

Reverse Stock Split, split-adjusted basis, par value, fractional shares

4 terms

Reverse Stock Split technical

"expects to implement a 1-for-10 reverse stock split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

split-adjusted basis technical

"Trading of the Company’s Ordinary Shares will begin on a split-adjusted basis"

An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.

par value financial

"par value of $0.001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

fractional shares financial

"Fractional shares resulting from the Reverse Stock Split"

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

Stock Split

1-for-10 reverse split · Effective October 16, 2026

Split Ratio 1-for-10 reverse split

Effective Date October 16, 2026

Shares Before Split 103,002,499

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does KNDI's 1-for-10 reverse stock split take effect?

Kandi Technologies Group, Inc. expects the split to take effect at the opening of the market on October 16, 2026. Split-adjusted trading is expected to begin at the market open on that date.

How will KNDI handle fractional shares in the reverse split?

Fractional shares resulting from the split will be rounded up to the nearest whole share at a participant level. The company says shareholders’ percentage interests will not change, except for adjustments that may result from the treatment of fractional shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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Available on EDGAR 10/13/2026 - 04:10 PM EDT Accepted by SEC EDGAR 10/13/2026 - 04:10 PM EDT Learn about SEC filing dates

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 333-259881

KANDI TECHNOLOGIES GROUP, INC
(Translation of registrant’s name into English)

Jinhua New Energy Vehicle Town

Jinhua, Zhejiang Province

People’s Republic of China, 321016
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒      Form 40-F ☐

Kandi Technologies Group, Inc., a British Virgin Islands company (the “Company”), furnishes under the cover of Form 6-K the following:

Exhibit No.		Description of Exhibit
99.1		Press Release dated October 13, 2026, announcing the Company’s 1-for-10 reverse stock split on its ordinary shares.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 13, 2026	Kandi Technologies Group, Inc.
	By:	/s/ Feng Chen
	Name:	Feng Chen
	Title:	Chief Executive Officer

2

Exhibit 99.1

Kandi Technologies Announces a 1-for-10 Reverse Stock Split

Jinhua, China, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, announced that it expects to implement a 1-for-10 reverse stock split, or consolidation of its ordinary shares, par value of $0.001 per share (the “Ordinary Shares”), effective at the opening of market on Friday, October 16, 2026 (the “Reverse Stock Split”). Trading of the Company’s Ordinary Shares will begin on a split-adjusted basis at the market open on that date. Prior to the effectiveness of the Reverse Stock Split, the Company has 103,002,499 Ordinary Shares issued and outstanding, which includes 2,077,134 shares the Company repurchased in the year of 2024. Trading in the Ordinary Shares on a split-adjusted basis will continue on the Nasdaq Global Select Market under the symbol “KNDI.” The new CUSIP number for the Ordinary Shares following the Reverse Stock Split is G5214E111.

Upon effectiveness of the Reverse Stock Split, every 10 Ordinary Shares of the Company will be consolidated into one Ordinary Share. The Company’s Ordinary Shares have a par value of $0.001 per share prior to the Reverse Stock Split and will have a par value of $0.01 per share following the Reverse Stock Split. Fractional shares resulting from the Reverse Stock Split will be rounded up to the nearest whole share at a participant level. The Reverse Stock Split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s outstanding Ordinary Shares, except for adjustments that may result from the treatment of fractional shares. The Reserves Stock Split was approved by the Company’s board of directors.

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.

About Kandi Technologies Group, Inc.

Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) is a global innovator in intelligent equipment and a technology-driven platform company. It leverages technological innovation, a global supply chain, and advanced manufacturing to transform industries and expand real-world applications, bringing technology closer to people’s everyday lives. Guided by a “one core, two growth engines” framework, the Company anchors its business in all-domain intelligent vehicles, with battery swapping equipment and intelligent robotics as two growth pillars. Driven by its mission to bring joy to daily life, Kandi Technologies Group Inc. fosters shared success and sustainable, long-term growth through open collaboration and mutually beneficial partnerships, creating enduring industrial and societal value while building a globally respected brand.

For more information, please visit ir.kandigroup.com. The Company provides important updates on its website.

For investor and media inquiries, please contact:

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

Piacente Financial Communications
Brandi Piacente
Tel: +86-10-6508-0677
Email: Kandi@thepiacentegroup.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE DATED OCTOBER 13, 2026, ANNOUNCING THE COMPANY'S 1-FOR-10 REVERSE 7.9 KB