Welcome to our dedicated page for Jinkosolar Hold news (Ticker: JKS), a resource for investors and traders seeking the latest updates and insights on Jinkosolar Hold stock.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is described in its public communications as one of the largest and most innovative solar module manufacturers in the world, with a vertically integrated photovoltaic value chain from silicon wafers to solar cells and solar modules. The JKS news feed on Stock Titan aggregates company press releases and related coverage so readers can follow how JinkoSolar’s global solar and energy storage activities evolve over time.
News about JinkoSolar commonly covers financial results and business highlights, including unaudited quarterly and half-year results, shipment volumes for solar modules and energy storage systems, and commentary on manufacturing capacity and technology developments such as N-type TOPCon cells and high-power modules. The company also issues updates on corporate actions and governance, such as notices and results of annual general meetings and transactions involving its majority-owned subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board.
In addition, JinkoSolar publishes project and partnership announcements, such as supplying EAGLE G6 modules for a Costco Warehouse in Washington State in cooperation with Trinity Energy, and describing its EAGLE Preserve solar stewardship program for end-of-life module recycling at that site. These stories illustrate how its products are used in utility, commercial and residential contexts across multiple countries.
Investors, analysts and industry observers can use the JKS news page to review the company’s own disclosures on shipments, technology milestones, ESG-related developments such as its MSCI ESG rating, and examples of deployments with partners and customers. Regularly reviewing this news flow can help readers understand JinkoSolar’s operational trends, geographic reach and strategic focus within the global photovoltaic manufacturing landscape.
JinkoSolar's subsidiary, Jiangxi Jinko, reported preliminary unaudited results for the nine months ending September 30, 2022. The net income attributable to shareholders is estimated between RMB1.65 billion and RMB1.70 billion, representing a year-over-year increase of 128.77% to 135.70%. Excluding extraordinary gains and losses, the net income is projected between RMB1.50 billion and RMB1.55 billion, a notable rise of 412.20% to 429.27%. Caution is advised as these figures reflect different accounting standards compared to JinkoSolar's consolidated financials.
JinkoSolar (NYSE: JKS), a leading solar module manufacturer, announced it will disclose its unaudited financial results for Q3 2022 on October 28, 2022, before U.S. markets open. An earnings conference call will follow at 8:00 a.m. ET the same day. Participants can join via phone or listen to a live webcast on JinkoSolar's Investor Relations page. A replay will be available after the call until November 4, 2022. The company is known for its extensive global operations and innovative solar solutions.
JinkoSolar (NYSE: JKS) announced a record-breaking achievement in solar technology, reaching a maximum conversion efficiency of 26.1% for its 182 mm N-type monocrystalline silicon solar cells. This new record, verified by the National Institute of Metrology in China, surpasses its previous record of 25.7% set in April 2022. The company attributes this advancement to innovative technologies, such as interface defect passivation and ultra-thin metallization. JinkoSolar aims to enhance R&D and mass production capabilities to further elevate industry standards.
JinkoSolar (NYSE: JKS) reported strong second-quarter 2022 results with revenues of RMB18.84 billion (US$2.81 billion), a 137.6% increase year-over-year. Shipments reached 10,532 MW, growing by 102.4% from the previous year. Despite this growth, the company faced a net loss of RMB623.3 million (US$93.1 million), primarily due to rising polysilicon prices and increased operating expenses. Gross profit was RMB2.77 billion (US$413.8 million), with a gross margin of 14.7%. For Q3 2022, JinkoSolar expects shipments between 9.0 GW and 10.0 GW.
JinkoSolar (NYSE: JKS) announced power rationing in Sichuan, impacting its production capacity since August 15, 2022. The local government implemented these measures to address regional power shortages, affecting JinkoSolar's operations. The company is taking steps to mitigate the impact, such as increasing output from other manufacturing facilities and engaging with local authorities. However, uncertainty remains regarding the duration of the power rationing and its potential effects on the company's financial performance for 2022.
JinkoSolar, a leading solar module manufacturer, is set to release its unaudited financial results for Q2 2022 on August 26, 2022, prior to U.S. market opening. The earnings call will take place at 8:00 a.m. ET. Investors can join via the dial-in numbers or listen to the webcast on JinkoSolar's website. A replay will be available until September 2, 2022. The company continues to expand its global footprint, with an integrated annual capacity of 40 GW for mono wafers and 50 GW for solar modules as of March 31, 2022.
JinkoSolar's subsidiary, Jiangxi Jinko, plans to issue convertible bonds worth up to RMB10 billion. These bonds, with a six-year term, aim to fund the development of solar production projects and enhance working capital. JinkoSolar holds a 58.62% stake in Jiangxi Jinko and has the right to subscribe to a portion of the bonds. The issuance is subject to regulatory reviews by the Shanghai Stock Exchange and China Securities Regulatory Commission.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced an approval for a share repurchase program worth up to US$200 million for its ordinary shares through American depositary shares (ADS) over the next 18 months. The repurchase will occur in open-market transactions or privately negotiated deals, based on market conditions. JinkoSolar plans to fund the buyback using existing resources. Chairman and CEO Xiande Li expressed confidence in the company’s growth, attributing it to their strategic investments and integrated capacity structure.
JinkoSolar (NYSE: JKS) has announced its first overseas "RE100 factory" in Malaysia, achieving 100% renewable energy in its production processes. The factory supports a capacity of around 7GW and uses green electricity from utility-scale power purchase agreements. Expected annual power consumption is 335 million kWh, leading to a reduction of about 214,200 tons of CO2 emissions. This milestone highlights JinkoSolar's commitment to sustainability and the renewable energy transition.
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