ITEM 7.01 REGULATION FD DISCLOSURE.
On December 6, 2021, the Registrant issued a press release announcing the
implementation of a stock repurchase program. Pursuant to the stock repurchase
program, the Registrant plans to repurchase up to $20 million of its common
stock during the period ending December 31, 2022 in the open market or in
privately negotiated transactions from time to time, in compliance with Rule
10b-5, Rule 10b5-1 and Rule 10b-18 of the Securities and Exchange Commission.
A press release of the company is furnished to this Current Report on Form 8-K
as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits.
The following is filed as exhibit to this report:
Exhibit No. Description
99.1 Press Release of Kandi Technologies Group, Inc. dated December 6, 2021.
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