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Investor Presentaiton

CASH (YEAR-END) ➤ The Company has a strong working capital position. As of December 31, 2023, cash balance³ was $252.1 million. As we move into 2024, we will increase our R&D investment and launch more competitive all-electric off-road vehicle products, demonstrating our confidence in the future development of the company and our commitment to delivering shareholder value. Note: 123 16.5 142.5 康迪 KANDI ($mln) 252.1 232.2 223.7 2019¹ 2020¹ 20212 20222 20233 Cash includes cash and cash equivalents, and restricted cash at end of period. Cash includes cash and cash equivalents, restricted cash, and Certificate of deposit at end of period. Cash and equivalents, restricted cash, certificate of deposit and notes receivable.
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