KANDI TECHNOLOGIES GROUP

Kandi Technologies Group, Inc., listed on NASDAQ, conducts its business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”). The Company is engaged in the research, development, manufacturing, and sales of various vehicle products with its headquarters located along the serene lakeside in Jinhua City, Zhejiang Province. Kandi has been recognized as one of China’s Top 500 mechanical companies, nation’s high-tech enterprises, and a member of China Renewable Energy Auto Association.