JinkoSolar Announces Completion of Sale of A Shares in Its Subsidiary, Jinko Solar Co., Ltd., through Inquiry Transfer and Placement

Rhea-AI Summary

JinkoSolar (NYSE:JKS), a leading global solar module manufacturer, has completed the sale of 300,156,075 A shares of its subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) to institutional investors. The shares were sold at RMB4.90 per share through an inquiry transfer and placement on the Shanghai Stock Exchange's Sci-Tech Innovation Board.

Following this transaction, JinkoSolar maintains a controlling interest with approximately 55.59% equity stake in Jiangxi Jinko, which continues to operate as the company's principal operating subsidiary in China.

Positive

• None.

Negative

• Reduction in ownership percentage of principal operating subsidiary
• Potential dilution of existing shareholders' interests in Jiangxi Jinko operations

News Market Reaction – JKS

-4.93%

5 alerts

-4.93% News Effect

+3.8% Peak in 21 hr 2 min

-$67M Valuation Impact

$1.30B Market Cap

0.4x Rel. Volume

On the day this news was published, JKS declined 4.93%, reflecting a moderate negative market reaction. Argus tracked a peak move of +3.8% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $67M from the company's valuation, bringing the market cap to $1.30B at that time.

Data tracked by StockTitan Argus on the day of publication.

SHANGRAO, China, Sept. 18, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the Company has completed the sale of 300,156,075 A shares of Jinko Solar Co., Ltd. ("Jiangxi Jinko"), an indirect, majority-owned principal operating subsidiary of the Company incorporated in the PRC whose A shares are listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board (the "Sale of A Shares"). The A shares were sold to certain institutional investors at a price of RMB4.90 per A share. As previously announced, the Sale of A Shares was conducted through an inquiry transfer and placement pursuant to the rules of the Shanghai Stock Exchange.

After the Sale of A Shares, JinkoSolar currently owns approximately 55.59% equity interest in Jiangxi Jinko.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2025.

To find out more, please see: www.jinkosolar.com

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-announces-completion-of-sale-of-a-shares-in-its-subsidiary-jinko-solar-co-ltd-through-inquiry-transfer-and-placement-302560403.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

How many A shares did JinkoSolar (JKS) sell in its Jiangxi Jinko subsidiary?

JinkoSolar sold 300,156,075 A shares of Jiangxi Jinko to institutional investors.

What was the price per share for JinkoSolar's (JKS) A share sale of Jiangxi Jinko?

The A shares were sold at a price of RMB4.90 per share to institutional investors.

What is JinkoSolar's (JKS) remaining ownership stake in Jiangxi Jinko after the A share sale?

After the sale, JinkoSolar maintains approximately 55.59% equity interest in Jiangxi Jinko, remaining the majority shareholder.

Where are Jiangxi Jinko's A shares listed?

Jiangxi Jinko's A shares are listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board.