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ETFs with KNDI as a Top 10 Holding*
|Weighting||ETF Name (Symbol)||100-Day Price Change (%)|
|1.23%||PowerShares WilderHill Progressive Energy Portfolio (PUW)||-4.69 (-14.39%)|
|0.63%||PowerShares Golden Dragon Halter USX China Portfolio (PGJ)||+1.27 (4.42%)|
**Green highlights the top performing ETF by % change in the past 100 days.
Company Description (as filed with the SEC)
In 2013, the Company experienced growth in both its traditional off-road vehicle business and in its electric vehicle business, but the growth in the electric vehicle business was particularly significant and we believe validates the Company's increased focus on that business in the past several years. We first produced an electric automobile, the “Coco” in August 2008. We took initial steps toward expanding that effort in early 2010, when, on January 4, 2010, we announced we had forged “The Alliance for Chinese Electric Vehicle Development and Commercialization” with major Chines energy, IT and battery companies to help launch a new electric vehicle era in China. Based upon market factors as we saw them, we expanded our operations in this market segment. The Company's shift in focus to the EV market has been the result of gradual and strategic efforts. We describe those factors below at “The Market For Electric Vehicles” and “Business Overview. ... More ...