Zhejiang Kangdi Automobile Industry Co., Ltd., a high-tech enterprise integrating R&D/production and sales of pure electric vehicles, integrates R&D/production/sales of various vehicles

Kandi Technology Group Co., Ltd. is a company listed on the NASDAQ Stock Exchange in the United States, and its business is operated by its wholly-owned subsidiary, Zhejiang Kangdi Automobile Industry Co., Ltd. (the "Company"); The company is located in Jinhua City, Zhejiang Province, China, on the shore of the beautiful lake and sea pond, is a national high-tech enterprise, a member of the Sino-US Clean Car Alliance, and a modern enterprise integrating R&D, production and sales of various vehicles.

The company's main business is R&D, production and sales of pure electric vehicles, all-terrain vehicles, and battery packs, motors, electronic controls, automotive air conditioners and other electric vehicle components. Since 2013, the company has shifted its business focus to the field of pure electric vehicles, and has grown rapidly and has been leading the field of pure electric passenger vehicles in China.

The company's subsidiaries include Jinhua Kangdi New Energy Vehicle Co., Ltd., Yongkang Sikeruo Electric Co., Ltd., Kandi Electric Vehicle (Hainan) Co., Ltd. and owns 50% equity of Kandi Electric Vehicle Group Co., Ltd.