Kandi Technologies Group Announces 1-For-10 Reverse Stock Split, Effective Oct. 16

Kandi Technologies Group, Inc. announced a 1-for-10 reverse stock split effective October 16, 2026. The company currently has 103,002,499 ordinary shares outstanding, which includes 2,077,134 shares repurchased in 2024. Following the split, trading will continue on the Nasdaq Global Select Market under the ticker symbol 'KNDI' with a new CUSIP number G5214E111.