Kandi Technologies Corporation (KNDI.OB) Approved for Listing on the NASDAQ
The NASDAQ Capital Markets has approved the application of Kandi Technologies, an emerging US traded PRC-based leader in small vehicle production, to list its common shares on the NASDAQ board. The company currently trades on the OTC Bulletin board and expects that its shares will begin trading on NASDAQ this Tuesday, March 18, 2008, under the new symbol "KNDI." Until trading takes effect on the NASDAQ, the company will continue to trade on the OTC Bulletin Board with the symbol "KNDI.OB." Kandi Technologies management is looking forward to the change. President and CEO Hu Xiaoming stated earlier today, "As the…