FDG Electric Vehicles Limited Reports Final Consolidated Earnings Results for the Year Ended March 31, 2019

FDG Electric Vehicles Limited is a Hong Kong-based investment holding company principally engaged in the development, manufacture and sales of battery products. The Company operates through five segments. The Battery Products segment is engaged in the research and development, manufacture and sales of lithium-ion batteries and its related products. The Vehicle Design and Electric Vehicle Production segment is engaged in the vehicle design and the research and development, manufacture and sales of electric vehicles. The Electric Vehicle Leasing segment is engaged in the provision of leasing services of electric vehicles. The Battery Materials segment is engaged in the research and development, manufacture and sales of cathode materials for nickel-cobalt-manganese (NCM) lithium-ion batteries. The Direct Investments segment is engaged in direct investments, including loan financing, securities trading and asset investment.