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Kandi Technologies Group, Inc. expects to implement a 1-for-10 reverse stock split effective at the opening of market on Friday, October 16, 2026, consolidating every 10 Ordinary Shares into one and increasing par value from $0.001 per share to $0.01 per share.
Kandi Technologies Group, Inc. reported first-half 2026 revenue of $57.1 million, up 57.4% year-over-year, and net income of $9.4 million, or $0.10 per fully diluted share, versus $1.7 million and $0.02 in 2025.
Kandi Technologies Group, Inc. completed its acquisition of Rawrr Inc. on February 6, 2026, issuing 17.7 million ordinary shares at $1.07 per share for acquisition-date fair value consideration of $18,939,000.
