Kandi Technologies

Shareholder Alert: Robbins LLP Announces Kandi Technologies Group, Inc. (KNDI) Sued for Misleading Shareholders

Retrieved on: 
Wednesday, June 24, 2020
Legal, Professional services, Kandi Technologies, Kandi, Economy of China

Shareholder rights law firm Robbins LLP announces that a purchaser of Kandi Technologies Group, Inc. (NASDAQ: KNDI) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between June 10, 2015 and March 13, 2017.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that a purchaser of Kandi Technologies Group, Inc. (NASDAQ: KNDI) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between June 10, 2015 and March 13, 2017.
  • Kandi designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts and off-road vehicles in the People's Republic of China and internationally.
  • If you suffered a loss as a result of Kandi's misconduct, click here .
  • Then, on November 14, 2016, Kandi announced the abrupt resignation of its CFO.

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kandi Technologies Group, Inc. (KNDI)

Retrieved on: 
Thursday, June 18, 2020
Legal, Professional services, Kandi Technologies, Class action, Economy of China

Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming August 10, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) investors who purchased securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).

Key Points: 
  • Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming August 10, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) investors who purchased securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • On November 14, 2016, the Company announced the abrupt resignation of its Chief Financial Officer.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Kandi Technologies Group, Inc. (KNDI) Investors

Retrieved on: 
Monday, June 15, 2020
Legal, Professional services, Kandi Technologies, Kandi, Plaintiff, Economy of China

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).

Key Points: 
  • Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).
  • Kandi investors have until August 10, 2020 to file a lead plaintiff motion.
  • Investors suffering losses on their Kandi investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Kandi Technologies Group, Inc. Investors (KNDI)

Retrieved on: 
Monday, June 15, 2020
Legal, Professional services, Kandi Technologies, Kandi, Class action, Security, Economy of China

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).
  • Kandi investors have until August 10, 2020 to file a lead plaintiff motion.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On November 14, 2016, the Company announced the abrupt resignation of its Chief Financial Officer.

KNDI CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Kandi Technologies Group, Inc.

Retrieved on: 
Thursday, June 11, 2020
Legal, Professional services, Kandi Technologies, Kandi, Securities Exchange Act, Economy of China

Glancy Prongay & Murray LLP (GPM) announces that it has filed a class action lawsuit in the United States District Court for the Central District of California captioned Venkataraman v. Kandi Technologies Group, Inc., et al., (Case No.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM) announces that it has filed a class action lawsuit in the United States District Court for the Central District of California captioned Venkataraman v. Kandi Technologies Group, Inc., et al., (Case No.
  • 20-cv-5171) on behalf of persons and entities that purchased or otherwise acquired Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI ) securities between June 10, 2015 and March 13, 2017, inclusive (the Class Period).
  • Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act).
  • Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action.

Kandi Technologies to Report First Quarter 2020 Financial Results and Hold a Conference Call on June 5, 2020

Retrieved on: 
Thursday, May 28, 2020
Kandi Technologies, NASDAQ, Economy of China, Finance, Economy of the United States

Jinhua, China, May 28, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2020 financial results onFriday, June 5, 2020, before the U.S. stock market open.

Key Points: 
  • Jinhua, China, May 28, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2020 financial results onFriday, June 5, 2020, before the U.S. stock market open.
  • The Company has scheduled a conference call and live webcast to discuss its financial results at8:00 A.M.Eastern Time (8:00 P.M. Beijing Time) onFriday, June 5, 2020.
  • Kandi Vehicles has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.
  • Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

Kandi Receives First Real Estate Repurchase Payment

Retrieved on: 
Tuesday, May 26, 2020
Kandi Technologies, Kandi, Jinhua, Economy of China

JINHUA, CHINA, May 26, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), announced that it received the first payment of RMB 244 million (US$34.2 million) on May 22nd, 2020 under the real estate repurchase agreement announced on March 9th, 2020.

Key Points: 
  • JINHUA, CHINA, May 26, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), announced that it received the first payment of RMB 244 million (US$34.2 million) on May 22nd, 2020 under the real estate repurchase agreement announced on March 9th, 2020.
  • Return is defined as completely vacating the land, factory buildings, and real estate and returning the factory and other real property to the Jinhua Economic and Technological Development Zone.
  • Kandi Chairman and CEO Hu Xiaoming commented: We are pleased with our progress in this repurchase agreement with Jinhua Economic and Technological Development Zone.
  • Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries, SC Autosports, LLC, the wholly-owned subsidiary of Kandi in the United States and Fengsheng Automobile Technology Group Co., Ltd (formerly known as Kandi Electric Vehicles Group Co., Ltd., the Affiliate Company).

Kandi Technologies Appoints New Chief Financial Offer

Retrieved on: 
Thursday, May 21, 2020
Kandi Technologies, Kandi, Economy of China

JINHUA, CHINA, May 21, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group (the Company, we or Kandi) (NASDAQ GS: KNDI), is pleased to announce the appointment of Mr. Jehn Ming Lim as Chief Financial Officer (CFO), effective on May 15, 2020.

Key Points: 
  • JINHUA, CHINA, May 21, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group (the Company, we or Kandi) (NASDAQ GS: KNDI), is pleased to announce the appointment of Mr. Jehn Ming Lim as Chief Financial Officer (CFO), effective on May 15, 2020.
  • Prior to joining Kandi, he served as CFO of Takung Art Co., Ltd. (NYSE American: TKAT) from February 2019 to May 2020.
  • Before that, he spent six years as Managing Director at Albeck Financial Services, a financial consulting firm, where he was responsible for overseeing SEC reporting, GAAP technical consultation, financial statement audit preparation, due diligence, and internal controls compliance services.
  • Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries, SC Autosports, LLC, the wholly-owned subsidiary of Kandi in the United States and Fengsheng Automobile Technology Group Co., Ltd (formerly known as Kandi Electric Vehicles Group Co., Ltd., the Affiliate Company).

Kandi Technologies to Delay 10-Q Filing

Retrieved on: 
Monday, May 11, 2020
Kandi Technologies, Kandi, Jinhua, Economy of China, Shanghai Maple

JINHUA, CHINA, May 11, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group (the Company, we or Kandi) (NASDAQ GS: KNDI), today announced that it would delay the filing of its 2020 Quarterly Report on Form 10-Q, which was originally due on May 11, 2020.

Key Points: 
  • JINHUA, CHINA, May 11, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group (the Company, we or Kandi) (NASDAQ GS: KNDI), today announced that it would delay the filing of its 2020 Quarterly Report on Form 10-Q, which was originally due on May 11, 2020.
  • Kandi Technologies Group, Inc. (KNDI), headquartered in Jinhua Economic Development Zone, Zhejiang Province, is engaged in the research, development, manufacturing, and sales of various vehicular products.
  • Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries, SC Autosports, LLC, the wholly-owned subsidiary of Kandi in the United States and Fengsheng Automobile Technology Group Co., Ltd (formerly known as Kandi Electric Vehicles Group Co., Ltd., the Affiliate Company).
  • Kandi Vehicles has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.

Kandi Technologies to Report Full Year 2019 Financial Results and Hold a Conference Call on April 28, 2020

Retrieved on: 
Tuesday, April 21, 2020
Kandi Technologies, NASDAQ, Economy of China, Finance, Economy of the United States

Jinhua, China, April 21, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its full year 2019 financial results onTuesday, April 28, 2020, before the U.S. stock market open.

Key Points: 
  • Jinhua, China, April 21, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its full year 2019 financial results onTuesday, April 28, 2020, before the U.S. stock market open.
  • The Company has scheduled a conference call and live webcast to discuss its financial results at8:00 A.M.Eastern Time (8:00 P.M. Beijing Time) onTuesday, April 28, 2020.
  • Kandi Vehicles has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.
  • Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.