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Kandi Technologies Group Inc
Jinhua New Energy Vehicle Town
Phone: +86 57982239851p:+86 57982239851 JINHUA, ZHJ  321016  China Ticker: KNDI KNDI
Business Summary
BRIEF: For the fiscal year ended 31 December 2024, Kandi Technologies Group Inc revenues increased 3% to $127.6M. Net loss totaled $50.5M vs. income of $7K. Revenues reflect Off-road vehicles segment increase of 9% to $116.6M, Commission Income segment increase from $239K to $3.5M, China segment increase of 80% to $53.3M. Net loss reflects General and administrative - Balancing increase from $24.3M to $50.6M (expense).

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2024YesYes---

Industries
SIC Code Description
3711 Motor vehicles and passenger car bodies
1040 Gold and silver ores
3714 Motor vehicle parts and accessories

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board XueqinDong 44 10/6/2024 12/1/2021
Chief Executive Officer FengChen 47 10/6/2024 10/6/2024
Chief Financial Officer Jehn MingLim 42 5/15/2020 5/15/2020
5 additional Officers and Directors records available in full report.

Business Names
Business Name
China Battery Exchange (Zhejiang) Technology Co., Ltd.
Continental Development Limited
Hainan Kandi Holding New Energy Technology Co., Ltd.
19 additional Business Names available in full report.

General Information
Number of Employees: 739 (As of 12/31/2024)
Outstanding Shares: 85,985,666 (As of 4/11/2025)
Shareholders: 45
Stock Exchange: NASD
Federal Tax Id: 870700927


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Friday, May 23, 2025