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) drives global solar innovation through vertically integrated manufacturing and advanced N-type TOPCon technology. This page consolidates official announcements and market-moving developments for stakeholders tracking renewable energy sector leadership.
Access curated updates including quarterly earnings, product launches, strategic partnerships, and sustainability initiatives. Investors gain insights into operational milestones while analysts find reliable data on manufacturing expansions and efficiency breakthroughs.
All content undergoes strict verification to ensure accuracy across financial disclosures, technological advancements, and global market activities. Bookmark this hub for real-time access to JinkoSolar's evolving role in shaping photovoltaic industry standards.
JinkoSolar reported its second quarter 2021 results with total revenues of RMB7.93 billion (US$1.23 billion), down 6.2% year-over-year. The company's gross profit was RMB1.36 billion (US$210.5 million) with a margin of 17.1%. Net income plummeted 79.2% to RMB66.2 million (US$10.3 million) due to convertible notes impacts. However, non-GAAP net income surged 457.4% sequentially to RMB274.7 million (US$42.5 million). Shipments totaled 5,203 MW, reflecting a 16.4% increase year-over-year. The company expects to increase large-size product shipments to 50% in the second half of the year.
JinkoSolar (NYSE: JKS) has announced a strategic cooperation framework agreement with CATL to promote carbon neutrality and develop the solar-plus-storage market. The partnership aims for long-term collaboration in innovation and solutions for integrating solar and energy storage. JinkoSolar's CEO highlighted the synergy of combining their PV technology with CATL's energy storage advancements to create effective solutions globally. Both companies anticipate broadening the solar-plus-storage industry's horizon and leading efforts towards carbon neutrality.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) plans to announce its unaudited financial results for Q2 2021 on September 15, 2021, before U.S. market opening. A conference call will follow at 8:00 a.m. ET on the same day. Interested participants can join via U.S. toll-free number +1 855-824-5644 or Hong Kong line +852 3027 6500, using passcode 44003482#. The call will be available for replay until September 22, 2021. Further details and the live webcast can be accessed on JinkoSolar's website.
JinkoSolar announced a long-term polysilicon supply agreement with Wacker Chemie AG, allowing Wacker to supply over 70,000 tons of polysilicon from September 2021 to December 2026. The purchase price will be determined by market rates. This strategic partnership ensures a reliable source of high-quality raw materials for JinkoSolar's manufacturing, supporting the growing demand for their solar products. JinkoSolar aims to foster long-term relationships with key suppliers to enhance its product efficiency in the global PV market.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) has achieved a significant milestone by obtaining the first Life Cycle Assessment (LCA) certificate for photovoltaic modules in Greater China, issued by TÜV Rheinland. Concurrently, the company has passed the Italian Environmental Product Declaration (EPD) certification, with 6 series and 43 sub-models of its monocrystalline mainstream modules certified. This recognition underlines JinkoSolar's commitment to environmental responsibility and carbon emissions reduction, aligning with global and national decarbonization goals.
JinkoSolar (NYSE: JKS) has received a favorable ruling from the U.S. Court of Appeals for the Federal Circuit, affirming the International Trade Commission's decision that its products do not infringe a patent from Hanwha Q CELLS. The ITC's conclusion, reached in June 2020, followed a patent investigation initiated by Hanwha in March 2019. JinkoSolar's Chairman, Xiande Li, welcomed the ruling as a confirmation of their commitment to innovation and product leadership in the solar industry.
JinkoSolar (NYSE: JKS) has been named an "Eco-Leader" by Green Builder® Media for the third consecutive year, recognizing its commitment to sustainability and decarbonization efforts. The company has significantly reduced its carbon footprint in manufacturing, product supply chains, and daily energy use. Nigel Cockroft, General Manager of JinkoSolar (U.S.), emphasized the company's responsibility to lead in sustainability practices in the photovoltaic industry. The accolade aims to motivate other manufacturers to enhance their sustainable operations.
JinkoSolar (NYSE: JKS) announced a new record with its advanced solar module achieving a conversion efficiency of 23.53%, surpassing its previous record of 23.01% set in January 2021. This achievement was validated by TÜV Rheinland and results from JinkoSolar's innovative TOPCon cell technology, which enhances performance and aesthetics. The company's commitment to R&D underscores its goal to drive energy efficiency and reduce the levelized cost of energy (LCOE). Such advancements position JinkoSolar favorably in the competitive solar market.
JinkoSolar (NYSE: JKS) announced a strategic cooperation agreement with Maersk Shipping Co., Ltd. on July 9, 2021. This agreement aims to enhance joint logistics capabilities, addressing container shortages caused by the pandemic. CEO Kangping Chen expressed optimism about increasing demand for solar energy and the expected growth in shipment capacity, highlighting JinkoSolar's global marketing system and Maersk's expertise in logistics. The partnership seeks to develop efficient logistics solutions and create a green logistics ecosystem for their clients.
JinkoSolar announced that it has submitted application documents for a potential initial public offering (IPO) of its subsidiary, Jinko Solar Co., Ltd., on the Shanghai Stock Exchange's STAR Market. The IPO aims to issue up to 2.67 billion shares, representing 10% to 25% of Jiangxi Jinko's total capital. Currently, JinkoSolar owns about 73.28% of Jiangxi Jinko, which will decrease to approximately 54.96% post-offering. Proceeds from the IPO will support capital expenditures for solar production lines and a research center, totaling RMB 5.6 billion and RMB 749.8 million, respectively.
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