Company:  KANDI TECHNOLOGIES GROUP, ... (KNDI)
Form Type:  8-K
Filing Date:  11/9/2021 
CIK:  0001316517 
Address:  JINHUA NEW ENERGY VEHICLE TOWN
ZHEJIANG PROVINCE
 
City, State, Zip:  JINHUA,  321016 
Telephone:  (86-0579) 82239851 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$2.47  
Change: 
-0.05 (-1.98%)  
Trade Time: 
Aug 05  
Market Cap: 
$186.99M
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Description of Business
Kandi Technologies Group, Inc. ("Kandi Technologies") is a Delaware holding company, with its common stock being traded on the NASDAQ Global Select Market. As a holding company with no material operations of its own, a substantial majority of the operations are conducted through our wholly-owned subsidiaries established in the People's Republic of China, or the PRC, including Zhejiang Kandi Technologies Group, Co. Ltd. ("Zhejiang Kandi Technologies") and U.S. wholly-owned subsidiaries SC Autosports, LLC ("SC Autosports") and their subsidiaries. Originally, the Company's primary business operations consist of designing, developing, manufacturing and commercializing electric vehicle ("EV") products and EV parts. However, in recent years, some EV enterprises in China are seizing market share at the cost of huge losses. The Company gradually realized that the EV market of China has not reached a healthy and orderly development stage.
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  FORM 8-K
    SECTION 2 FINANCIAL INFORMATION
      ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
    SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
      ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
    SIGNATURE
  EXHIBIT 99.1
    BALANCE SHEET
    INCOME STATEMENT
    STOCKHOLDERS EQUITY
    CASH FLOW