Hainan Representatives of the National People's Congress Tour Kandi’s Hainan Facility
February 13 2018 - 8:32AM
Kandi Technologies Group, Inc. (NASDAQ GS:KNDI) (the "Company" or
"Kandi") today announced that the Hainan representatives of twelfth
and thirteenth National People’s Congress, along with other
provincial and local political leaders toured the Kandi Electric
Vehicles (Hainan) Co., Ltd. (“Kandi Hainan”) production facility
(the “Hainan Facility”) on February 9, 2018. The delegation group
consists of over 50 people, led by Luo Baoming, the former party
secretary of Hainan Province, Director of the Standing Committee of
the National People’s Congress and Xu Jun, Deputy Director of the
Standing Committee of the Hainan Provincial People’s Congress.
Figure 1: National People's Congress Tour Kandi’s
Hainan Facility
To view an enhanced version of Figure 1, please
visit:
http://orders.newsfilecorp.com/files/2079/32766_a1518488798047_70.jpg
Hu Xiaoming, the Chairman of Kandi, escorted the
delegation group and provided them with an overview of the Hainan
Facility, highlighting the progress updates on the completion of
equipment installation, trial production, and assembly lines. The
company is planning on hosting its product launch ceremony on March
28, 2018.
The group praised the progress of construction
and felt confident about the Hainan Facility. Hainan, with its
unpolluted environment and natural scenery, is among the top
tourist destinations in China and has effective vehicle emissions
regulations. The renewable energy vehicles manufactured by Kandi
Hainan will be a great addition to Hainan’s auto industry and the
model’s increased quality will contribute to efforts to keep
Hainan’s environment pristine.
The group urged to the government at all levels
to continuously support the development of Hainan Facility and
recommended it as a role model for Hainan’s economic growth and
economic transformation.
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (KNDI),
headquartered in Jinhua, Zhejiang Province, is engaged in the
research and development, manufacturing and sales of various
vehicle products. Kandi has established itself as one of China's
leading manufacturers of pure electric vehicle ("EV") products
(through its joint venture), EV parts and off-road vehicles. Kandi
conducts its primary business operations through its wholly-owned
subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”),
and the partially and wholly-owned subsidiaries of Kandi
Vehicles.
More information can be viewed at the Company's
corporate website at http://www.kandivehicle.com. The Company
routinely posts important information on its website.
Safe Harbor Statement
This press release contains certain statements
that may include "forward-looking statements." All statements other
than statements of historical fact included herein are
"forward-looking statements." These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involving known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including the risk factors discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on the SEC's website (http://www.sec.gov).
All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by these risk factors. Other than as required under the
securities laws, the Company does not assume a duty to update these
forward-looking statements.
Follow us on Twitter: @ Kandi_Group Company Contact:
Ms. Kewa Luo Kandi Technologies Group, Inc. Phone:
1-212-551-3610 Email: IR@kandigroup.com
Kandi Technolgies (NASDAQ:KNDI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kandi Technolgies (NASDAQ:KNDI)
Historical Stock Chart
From Apr 2023 to Apr 2024