This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Zhejiang Kandi Electric Vehicles Co., Ltd. Appointed Mr. Liu Jinliang As Vice President Of Sales & Marketing

JINHUA, China, May 22, 2013 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the 'Company' or 'Kandi') (Nasdaq:KNDI), today announced that on May 21 st, 2013, upon the nomination by General Manager Mr. Hu Xiaoming and approved by the Board of the Directors, Zhejiang Kandi Electric Vehicles Co., Ltd. ('the JV Company') appointed Mr. Liu Jinliang as the Vice President of Sales & Marketing for the JV Company, effective immediately.

Mr. Liu Jinliang joined Geely Auto Co., Ltd in 1995, and from 2005, Mr. Liu was in charge of the sales for Geely Auto. Mr. Liu became the Vice President of Geely Auto Holding Group ('Geely') and General Manager of Zhejiang Geely Holding Group Automobile Sales Company Limited in 2007.

Mr. Hu Xiaoming, the General Manager of the JV Company, comments, "The appointment of Mr. Liu Jinliang, one of the most seasoned and experienced sales and marketing senior executive in Geely, to become the VP for Sales and Marketing of the JV Company, demonstrates Geely's great support and focus on the new energy vehicles and the JV Company. We are confident that with Mr. Liu Jinliang in charge of sales and marketing, the JV Company will achieve great development in the new energy vehicle business."

Mr. Li Shufu, Chairman of Geely Auto Holdings Ltd., comments, "New energy vehicle is the strategic business sector for Geely. After years' preparation and accumulation in technologies and marketing, especially the cooperation with Kandi, our new energy vehicle business has entered into a fast development lane. We believe that Mr. Liu Jinliang will utilize his experience and expertise, as well as deploy his resources and take action to make a break-through for the sales of the JV Company's new energy vehicles."      

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 vehicles. Kandi has established itself as the one of the world's largest manufacturer of pure electric vehicles (EVs), Go-Kart vehicles, and tricycle and utility vehicles (UTVs), among others. More information can be viewed at its corporate website is http://www.kandivehicle.com .

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.
CONTACT: Kandi Technologies Group, Inc.
         
         China:
         Email: IR@kandigroup.com
         Phone: 86-579-82239856
         
         U.S.A.:
         Email: IR@kandigroup.com
         Phone: 1-212-551-3610

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs