Kandi Technologies Retains The Piacente Group as Strategic Investor Relations Consultant
March 23 2015 - 9:17AM
Kandi Technologies Group, Inc. (the "Company" or "Kandi")
(Nasdaq:KNDI), today announced it has retained The Piacente Group
("TPG"), a full-service investor relations and strategic advisory
firm, to assist the Company with investor relations and financial
communications. TPG will develop and implement communications and
outreach programs to increase Kandi's visibility and awareness
among the investment community.
Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi
Commented, "As we enter an important next phase in the Company's
growth and development, we are committed to strengthening our
communications efforts with key investment audiences in the U.S.
and China. We selected TPG as our strategic investor relations firm
based on their strong relationships on Wall Street and expertise in
representing China-based companies listed on the U.S. markets."
Brandi Piacente, President of TPG, added, "Kandi is uniquely
positioned to benefit from the growing market demand and government
support for electric vehicles in China. We are pleased to have this
opportunity to communicate their value proposition and exciting
growth story. We look forward to working with management to
effectively convey their vision and raise Kandi's profile with
investors and analysts."
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (Nasdaq: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 the one of China's leading
manufacturers of pure electric vehicle ("EV") parts, EV products
and off road vehicles. More information can be viewed at its
corporate website is http://www.kandivehicle.com. The Company
routinely posts important information on its website.
About The Piacente Group
The Piacente Group, Inc. is a full service investor relations
and financial communications consulting firm with offices in New
York, California and Beijing. Representing a strong portfolio of
U.S. and China-based companies, TPG develops and implements
strategic programs aimed at broadening investment community
sponsorship through best practice execution. Value-driven
communications, proactive outreach to Wall Street, targeted media
relations and innovative social media methodologies work in concert
to market TPG's clients' securities before optimal investment
audiences.
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 ("SEC") 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.
CONTACT: Company Contact:
Ms. Kewa Luo
Kandi Technologies Group, Inc.
Phone: 1-212-551-3610
Email: IR@kandigroup.com
IR Contact:
Matthew Abenante
The Piacente Group
Phone: 1-212-481-2050
Email: kandi@tpg-ir.com
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