Kandi Technologies Group's (KNDI) CEO Xiaoming Hu on Q3 2020 Results - Earnings Call Transcript

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Q3: 2020-11-09 Earnings Summary

10-Q
EPS of -$0.03 misses by $0.03 | Revenue of $18.72M misses by $2.88M

Kandi Technologies Group, Inc. (NASDAQ:KNDI) Q3 2020 Earnings Conference Call November 9, 2020 8:00 AM ET

Company Participants

Kewa Luo – Investor Relations Manager
Xiaoming Hu – Founder, Chairman and Chief Executive Officer
Alan Lim – Chief Financial Officer

Conference Call Participants

Marla Marin – Zacks
Arthur Porcari – Corporate Strategies
Joel Cramer – Private Investor
Walter Hill – Carty & Company
Michael Fearnow – Focus Tech
Mark Miller – Private Investor
Richard Goldstein – National Securities
Mike Pfeffer – Oppenheimer
Frank Blatterman – Private Investor

Operator

Greetings, and welcome to the Kandi Technologies Third Quarter 2020 Financial Results Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host Kewa Luo, Investor Relations Manager. Please go ahead.

Kewa Luo

Thank you, operator. Hello, everyone. Welcome to Kandi Technologies Group third quarter of 2020 earnings conference call. The company released the results earlier today. The press release is available on the Investor Relations sector of Kandi's website at www.kandivehicle.com.

With us today are Mr. Hu Xiaoming, Kandi's Founder, Chairman and Chief Executive Officer; and Mr. Alan Lim, Chief Financial Officer. Mr. Hu will deliver prepared remarks, followed by a question-and-answer session.

Before we get started, please note that today's discussions will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's results may be materially different from the expectations expressed today. Further information regarding these and other risks and uncertainties is included in the company's public filings with the SEC. The company does not assume any obligation to update any forward-looking statements, except as reminded required under applicable

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