8-K 1 f8k123019_kanditechnologies.htm CURRENT REPORT

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 30, 2019

KANDI TECHNOLOGIES GROUP, INC.
(Exact name of registrant as specified in its charter)

Delaware   001-33997   90-0363723
(State of Incorporation)   (Commission File Number)   (IRS Employer Identification)

Jinhua City Industrial Zone
Jinhua, Zhejiang Province
People’s Republic of China

Post Code 321016

(Address of principal executive offices)

(86-579) 8223-9700
Registrant’s telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   KNDI   NASDAQ

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 

Item 5.07Submission of Matters to a Vote of Security Holders.

On December 30, 2019, Kandi Technologies Group, Inc. (the “Company”) held its Annual Meeting of Shareholders for the fiscal year ended December 31, 2018 (the “Annual Meeting”). Holders of 39,154,766 shares of the Company's common stock were present in person or by proxy at the Annual Meeting, representing 74.10% of the total outstanding shares of common stock and therefore constituting a quorum of more than a majority of the shares outstanding and entitled to vote at the Annual Meeting as of the record date of November 1, 2019. The final voting result for each matter submitted to a vote of shareholders at the meeting are as follows:

Proposal 1: Election of Directors 

The following seven individuals were elected as the Board of Directors of the Company to serve as directors until the next Annual Meeting of Shareholders or until their successors have been duly elected and qualified. No broker Non-votes are counted.

   FOR   WITHHELD 
HU XIAOMING   20,725,217    426,647 
CHEN LIMING   20,723,292    428,572 
LIN YI   20,723,207    428,657 
JERRY LEWIN   20,695,719    456,145 
HENRY YU   20,722,332    429,532 
SUN CHENMING   20,661,576    490,288 
WANG LIN   20,802,572    349,292 

Proposal 2: Ratification of the appointment of Marcum Bernstein & Pinchuk LLP as Independent Auditor

The shareholders ratified the appointment of Marcum Bernstein & Pinchuk LLP as the Company’s independent auditor for the fiscal year ending December 31, 2019.

    FOR   AGAINST   ABSTAIN 
 TOTAL SHARES VOTED    38,422,647    492,865    239,254 

Proposal 3: Advisory Vote on Compensation of Named Executive Officers

The shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers. No broker Non-votes are counted.

    FOR   AGAINST   ABSTAIN 
 TOTAL SHARES VOTED    20,767,459    310,251    74,154 

 

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  KANDI TECHNOLOGIES GROUP, INC.
   
Date: December 31, 2019 By:  /s/ Hu Xiaoming
 

Name:

Title:

Hu Xiaoming
Chief Executive Officer

  

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