Kandi Technologies Group, Inc. Filed 2025 Annual Report on Form 20-F

Rhea-AI Summary

Kandi Technologies Group (NASDAQ: KNDI) filed its Annual Report on Form 20-F with the U.S. SEC on April 28, 2026 for the fiscal year ended December 31, 2025.

The filing is available on the company’s investor relations website and on the SEC website; the company will provide free hard copies to shareholders upon written request to Investor Relations.

AI-generated analysis. Not financial advice.

News Market Reaction – KNDI

+0.86%

4 alerts

+0.86% News Effect

+$506K Valuation Impact

$59.37M Market Cap

1.4x Rel. Volume

On the day this news was published, KNDI gained 0.86%, reflecting a mild positive market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $506K to the company's valuation, bringing the market cap to $59.37M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Ordinary shares outstanding: 82,705,365 shares Net revenues (6M): $36.3 million Revenue change: 39.3% decrease +5 more

8 metrics

Ordinary shares outstanding 82,705,365 shares As of <b>December 31, 2025</b> per Form 20-F

Net revenues (6M) $36.3 million Six months ended prior year period per Form 6-K

Revenue change 39.3% decrease Net revenues vs. $59.8 million prior-year period

Off-road vehicle sales $34.0 million Six-month sales of off-road vehicles and parts

Gross margin 45.2% Six-month gross margin, up from 31.7%

Operating loss $1.9 million Six-month operating loss, narrowed from $4.4 million

Net income attributable $1.7 million (EPS $0.02) Six-month net income vs. $2.3 million (EPS $0.03)

Cash and equivalents $257 million Cash and cash equivalents balance per Form 6-K

Market Reality Check

Price: $0.7501 Vol: Volume 448,730 is 3.94x t...

high vol

$0.7501 Last Close

Volume Volume 448,730 is 3.94x the 20-day average of 113,835, indicating elevated trading activity around the 20-F filing. high

Technical Shares at 0.729 are trading below the 200-day MA of 1.08 and 58.81% below the 52-week high of 1.77.

Peers on Argus

While KNDI is up 0.33%, key recreational/motor peers are down: MAMO -0.51%, MPX ...

While KNDI is up 0.33%, key recreational/motor peers are down: MAMO -0.51%, MPX -0.25%, MCFT -0.61%, MBUU -2.30%, WGO -2.22%, suggesting stock-specific dynamics rather than a sector move.

Historical Context

5 past events · Latest: Apr 22 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 22	Earnings timing update	Neutral	+0.9%	Scheduled full-year 2025 results release and conference call date.
Mar 24	Brand upgrade news	Positive	-5.4%	Corporate rebranding to highlight intelligent platform strategy.
Mar 17	JV partnership	Positive	+11.7%	Joint venture to commercialize autonomous security robots in North America.
Jan 29	Strategic cooperation	Positive	+1.0%	Three-year cooperation with Qiji Energy on heavy-truck battery swap stations.
Jan 13	Trade show expansion	Positive	+11.4%	Showcasing EV off-road lineup and new channel partners at AIMExpo 2026.

Pattern Detected

Strategic partnership and commercial expansion headlines have often coincided with positive next-day moves, while branding news once saw a selloff.

Recent Company History

Over recent months, KNDI has reported several strategic updates. A joint venture for autonomous security robots on Mar 17, 2026 saw a +11.7% reaction, and AIMExpo 2026 channel expansion news on Jan 13, 2026 coincided with a +11.4% move. Cooperation with Qiji Energy, a CATL subsidiary, on Jan 29, 2026 produced a modest +0.98% gain. A brand upgrade announcement on Mar 24, 2026 led to a -5.43% decline. The recent earnings date notice on Apr 22, 2026 had a mild +0.86% impact.

Market Pulse Summary

This announcement confirms Kandi’s Form 20-F filing for the year ended December 31, 2025, adding det...

Analysis

This announcement confirms Kandi’s Form 20-F filing for the year ended December 31, 2025, adding detail to risks already outlined in prior filings, including China regulatory exposure and operational concentration. Historically, larger moves have followed strategic updates, such as partnerships and channel expansion, rather than routine regulatory reports. Investors tracking this name may focus on the disclosed 82,705,365 shares outstanding, prior revenue trends, profitability metrics, and any future operational or cooperation announcements that build on recent strategic initiatives.

Key Terms

form 20-f, u.s. securities and exchange commission, nasdaq global select market, holding foreign companies accountable act, +2 more

6 terms

form 20-f regulatory

"filed its annual report on Form 20-F for the full year ended"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

u.s. securities and exchange commission regulatory

"with the U.S. Securities and Exchange Commission (the “SEC”) on April 28"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

nasdaq global select market regulatory

"holding company listed on the Nasdaq Global Select Market, with 82,705,365"

A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.

holding foreign companies accountable act regulatory

"impacts of the Holding Foreign Companies Accountable Act and PCAOB inspections."

A U.S. law that forces companies listed on U.S. exchanges to allow independent inspections of their financial audits and to prove they are under reliable oversight; if they can't, they risk being removed from the exchanges. For investors, it’s like requiring regular safety inspections for a car: it increases confidence by revealing whether financial statements are trustworthy and warns of higher risk or possible loss if a company fails to meet the standard.

pcaob regulatory

"Accountable Act and PCAOB inspections. It also discloses business risks such as"

The PCAOB (Public Company Accounting Oversight Board) is an independent regulator that inspects and enforces rules for the auditors who check public companies’ financial statements. Think of it as a referee for accountants: it sets standards, reviews audit work, and can punish sloppy or dishonest audits. That matters to investors because trustworthy, well-audited financial reports reduce the risk of surprises and help people make better decisions about buying, holding, or selling stocks.

lithium-ion battery technical

"lithium-ion battery safety concerns, environmental compliance costs, and heavy"

A lithium-ion battery is a rechargeable energy cell that stores and releases power by moving lithium ions between two electrodes, like a pump moving water back and forth to hold and deliver energy. Investors care because these batteries power electric vehicles, portable electronics and grid storage, so factors such as cost, energy density, lifespan, and raw-material supply directly affect manufacturing costs, product competitiveness and long-term company profits.

AI-generated analysis. Not financial advice.

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JINHUA, China, April 28, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, today announced that the Company has filed its annual report on Form 20-F for the full year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the “SEC”) on April 28, 2026.

The annual report is available on the Company’s investor relations website at ir.kandigroup.com and on the SEC’s website at www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders upon written request. Requests should be directed to Investor Relations, Kandi Technologies Group, Inc., The Helmsley Building, 230 Park Ave, 3rd/4th Floor West, New York, NY 10169.

About Kandi Technologies Group, Inc.

Kandi Technologies Group, Inc. (NASDAQ: KNDI) is a global innovator in intelligent equipment and a technology-driven platform company. It leverages technological innovation, a global supply chain, and advanced manufacturing to transform industries and expand real-world applications, bringing technology closer to people’s everyday lives. Guided by a “one core, two growth engines” strategic framework, the Company anchors its business in all-domain intelligent vehicles, with battery swapping equipment and intelligent robotics as two strategic growth pillars. Driven by its mission to bring joy to daily life, Kandi fosters shared success and sustainable, long-term growth through open collaboration and mutually beneficial partnerships, creating enduring industrial and societal value while building a globally respected brand.

For more information, please visit ir.kandigroup.com.

For investor and media inquiries, please contact:

Kandi Technologies Group, Inc.
Kewa Luo
Tel: +1 (212) 551-3610
Email: IR@kandigroup.com

Piacente Financial Communications
Brandi Piacente
Tel: +86-10-6508-0677
Email: Kandi@thepiacentegroup.com

FAQ

Did Kandi (KNDI) file its Form 20-F for the year ended December 31, 2025?

Yes. Kandi filed its Form 20-F on April 28, 2026 covering the year ended December 31, 2025. According to the company, the report is posted on its investor relations website and the SEC website and is available free by written request.

Where can investors access Kandi Technologies (KNDI) 2025 Form 20-F filed April 28, 2026?

The report is available on the company investor relations site and the SEC website. According to the company, investors can view the full Form 20-F at ir.kandigroup.com or at www.sec.gov and request free hard copies by mail.

How can shareholders request a printed copy of Kandi (KNDI) 2025 annual report?

Shareholders can request a free hard copy by written request to Investor Relations at the New York address. According to the company, requests should be sent to Investor Relations, The Helmsley Building, 230 Park Ave, 3rd/4th Floor West, New York, NY 10169.

What period does Kandi's April 28, 2026 Form 20-F cover for KNDI?

The filing covers the full fiscal year ended December 31, 2025. According to the company, the Form 20-F filed April 28, 2026 contains disclosures and information for that twelve-month period ending December 31, 2025.

Will Kandi (KNDI) provide the Form 20-F at no charge to shareholders?

Yes. The company will provide hard copies free of charge to shareholders upon written request. According to the company, shareholders should direct written requests to Investor Relations at the New York office address provided.