Hu Xiaoming reports Kandi direct and indirect stakes

Kandi Technologies Group, Inc. (KNDI) insider Hu Xiaoming filed an initial Form 3 reporting his beneficial ownership of the company’s ordinary shares.

Rhea-AI Filing Summary

Kandi Technologies Group, Inc. (KNDI) insider Hu Xiaoming filed an initial Form 3 reporting his beneficial ownership of the company’s ordinary shares. He reports 1,605,077 ordinary shares held directly and an additional 12,821,404 ordinary shares held indirectly through Excelvantage Group Limited.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hu Xiaoming

Role Director, 10% Owner

Type	Security	Shares	Price	Value
holding	ORDINARY SHARES	--	--	--
holding	ORDINARY SHARES	--	--	--

Holdings After Transaction: ORDINARY SHARES — 1,605,077 shares (Direct); ORDINARY SHARES — 12,821,404 shares (Indirect, Excelvantage Group Limited)

Key Figures

Directly held ordinary shares: 1,605,077 shares Indirectly held ordinary shares: 12,821,404 shares Total reported positions: 2 holding entries

3 metrics

Directly held ordinary shares 1,605,077 shares Total ordinary shares held directly by Hu Xiaoming following the reported holdings

Indirectly held ordinary shares 12,821,404 shares Ordinary shares held indirectly through Excelvantage Group Limited following the reported holdings

Total reported positions 2 holding entries Number of reported ordinary share holding entries (direct and indirect)

Key Terms

indirect, direct, nature_of_ownership

3 terms

indirect financial

"ownership_type: "indirect" with nature_of_ownership "Excelvantage Group Limited""

direct financial

"ownership_type: "direct" for 1,605,077 ordinary shares"

nature_of_ownership financial

"nature_of_ownership: "Excelvantage Group Limited""

FAQ

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

What does the Form 3 filing disclose about Hu Xiaoming’s holdings in KNDI?

It discloses that Hu Xiaoming beneficially owns 1,605,077 KNDI ordinary shares directly and 12,821,404 ordinary shares indirectly through Excelvantage Group Limited, as of the reported date.

How many KNDI shares does Hu Xiaoming hold directly?

Hu Xiaoming holds 1,605,077 Kandi Technologies Group, Inc. (KNDI) ordinary shares in direct ownership, as reported in the Form 3.

How many KNDI shares does Hu Xiaoming hold indirectly?

He holds 12,821,404 KNDI ordinary shares indirectly through an entity identified as Excelvantage Group Limited.

Is the Form 3 for KNDI reporting any recent buy or sell transactions?

No. The Form 3 serves as an initial statement of holdings and lists direct and indirect ordinary share positions without reporting any specific buy or sell transactions.

What roles does Hu Xiaoming have in relation to KNDI?

Hu Xiaoming is reported as both a director and a ten percent owner of Kandi Technologies Group, Inc. in the Form 3.

What is Excelvantage Group Limited’s connection to KNDI shares?

Excelvantage Group Limited is listed as the nature of ownership for Hu Xiaoming’s indirect holding of 12,821,404 KNDI ordinary shares.

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

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Available on EDGAR 08/28/2026 - 06:40 PM EDT Accepted by SEC EDGAR 08/28/2026 - 06:39 PM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hu Xiaoming

(Last) (First) (Middle)

JINHUA NEW ENERGY VEHICLE TOWN

(Street)

JINHUA ZHEJIANG PROVINCE 321016

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/16/2024

3. Issuer Name and Ticker or Trading Symbol
Kandi Technologies Group, Inc. [ KNDI ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
ORDINARY SHARES	1,605,077	D
ORDINARY SHARES	12,821,404	I	Excelvantage Group Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Xiaoming Hu	08/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)