Brief: Kandi Enters Into Strategic Cooperation Agreement With Agricultural Bank Of China Hangzhou Branch

Kandi Technologies

29/12/2020 13:36

Dec 29 (Reuters) - Kandi Technologies Group Inc  KNDI.O :
    * KANDI ENTERS INTO STRATEGIC COOPERATION AGREEMENT WITH
AGRICULTURAL BANK OF CHINA HANGZHOU BRANCH
    * KANDI TECHNOLOGIES GROUP INC - AGRICULTURAL BANK OF CHINA
HANGZHOU BRANCH WILL PROVIDE KANDI WITH AN RMB 500 MILLION LINE
OF CREDIT
    * KANDI - PARTIES WILL PROMOTE IMPLEMENTATION OF "300,000
GOVERNMENT-ACCREDITED PURE EVS WITH BATTERY SWAP MODEL WITHIN 5
YEARS OF RIDESHARE" PROGRAM

Source text for Eikon:  ID:nGNX2wZmZt 
Further company coverage:  KNDI.O 

 ((Reuters.Briefs@thomsonreuters.com;))