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

On December 30, 2022, Kandi Technologies Group, Inc., a Delaware corporation (the "Company") held its Annual Meeting of Shareholders for the fiscal year ended December 31, 2021 (the "Annual Meeting"). Holders of 56,723,622 shares of the Company's common stock were present in person or by proxy at the Annual Meeting, representing 76.41% 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 10, 2022. The final voting result for each matter submitted to a vote of shareholders at the meeting are as follows. Except for proposal 3 below, broker Non-votes are not counted.

Proposal 1: Approval of the Merger Agreement and the Plan of Merger

Votes of a majority of the outstanding shares of the Company's common stock in favor of the proposal is required to approve the merger agreement and plan of merger, to merge with and into Kandi Technologies Group, Inc., an exempted company incorporated under the laws of the British Virgin Islands and a wholly owned subsidiary of the Company ("Kandi BVI"), with Kandi BVI as the surviving company upon the merger becoming effective, and whereby each issued and outstanding share of the common stock of the Company will be converted into the right to receive one ordinary share of Kandi BVI. Broker Non-votes of 22,519,480 shares are not counted. The Company did not obtain sufficient votes to pass this proposal.





                         FOR            AGAINST        ABSTAIN
TOTAL SHARES VOTED     27,475,456       6,542,715       185,971

Proposal 2: 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. Broker Non-votes of 22,519,480 shares are not counted.





                  FOR           WITHHELD
HU XIAOMING     32,756,021       1,448,121
DONG XUEQIN     32,523,747       1,680,395
WANG LIN        32,530,394       1,673,748
CHEN LIMING     32,448,770       1,755,372
LIN YI          32,395,447       1,808,695
JERRY LEWIN     31,362,448       2,841,694
HENRY YU        32,746,197       1,457,945

Proposal 3: Ratification of the appointment of Paris, Kreit & Chiu CPA LLP as Independent Auditor

The shareholders ratified the appointment of Paris, Kreit & Chiu CPA LLP as the Company's independent auditor for the fiscal year ending December 31, 2022. Broker Non-votes of 22,519,480 shares are counted.





                         FOR            AGAINST        ABSTAIN
TOTAL SHARES VOTED     54,942,937       1,060,389       720,296

Proposal 4: An Amendment to the Certificate of Incorporation

Votes of a majority of the outstanding shares of the Company's common stock in favor of the proposal is required to approve an amendment to the Company's Certificate of Incorporation, as amended, to increase the number of authorized shares of the Company's common stock from one hundred million (100,000,000) shares of common stock to one billion (1,000,000,000) shares of common stock, and to correspondingly increase the number of authorized shares of preferred stock from ten million (10,000,000) shares to one hundred million (100,000,000). Broker Non-votes of 22,519,480 shares are not counted. The Company did not obtain sufficient votes to pass this proposal.





                         FOR            AGAINST        ABSTAIN
TOTAL SHARES VOTED     27,019,846       6,680,178       504,118

Proposal 5: Advisory Vote on Compensation of Named Executive Officers





The shareholders approved, on an advisory, non-binding basis, the compensation
of our named executive officers. Broker Non-votes of 22,519,480 shares are not
counted.



                         FOR            AGAINST        ABSTAIN
TOTAL SHARES VOTED     31,947,213       1,811,979       444,950




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