Kandi Technologies Group (KNDI) Appoints New CFO

Kandi Technologies Group (NASDAQ GS: KNDI), is pleased to announce the appointment of Mr. Jehn Ming Lim as Chief Financial Officer (“CFO”), effective on May 15, 2020. Ms. Zhu Xiaoying had completed her responsibilities as the Company’s interim CFO.

Mr. Lim brings over 15 years of financial management and advisory services in both public and private companies. Prior to joining Kandi, he served as CFO of Takung Art Co., Ltd. (NYSE American: TKAT) from February 2019 to May 2020. Before that, he spent six years as Managing Director at Albeck Financial Services, a financial consulting firm, where he was responsible for overseeing SEC reporting, GAAP technical consultation, financial statement audit preparation, due diligence, and internal controls compliance services. He started his career in the U.S. as an auditor at Ernst & Young, after graduating with High Honors from the University of California, Santa Barbara, with a Bachelor of Arts degree in Business Economics.

Kandi Chairman and CEO Mr. Hu Xiaoming commented, “I am pleased to welcome Mr. Lim to our leadership team. We look forward to Mr. Lim making an immediate impact by driving our strategic initiatives and leading the accounting team.”

Hu added, “Ms. Zhu Xiaoying made significant contributions to Kandi during her time as an interim CFO. We thank her for her dedication to the Company. Ms. Zhu will continue to contribute towards the Company’s future success in her other capacity.”

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