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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.
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JinkoSolar (NYSE: JKS) reported its Q1 2021 financial results, showing total revenues of RMB7.94 billion (US$1.21 billion), a decline of 6.4% year-over-year. Solar module shipments rose 33.7% to 4,562 MW. Gross profit fell 18% to RMB1.36 billion, with a gross margin of 17.1%. Net income decreased by 21.7% to RMB221.1 million. The company anticipates a gross margin between 12% and 15% for Q2 2021 and expects full-year shipments of 25-30 GW. Recent strategic investments were made to secure polysilicon supply amid rising raw material prices.
JinkoSolar (NYSE: JKS) announced a significant investment of RMB315 million in Inner Mongolia Xinte Silicon Materials Co., Ltd. This will support the construction of a high-purity polysilicon production line with an annual capacity of 100,000 tons. Upon completion, JinkoSolar will hold a 9.00% stake in Inner Mongolia Xinte. CEO Kangping Chen expressed confidence in this strategic move, emphasizing the partnership with Xinte Energy to enhance the stability of silicon material supply and reduce supply chain volatility in the growing photovoltaic industry.
JinkoSolar, a leading solar module manufacturer, announced that its Tiger Pro dual glass module has received the world's first IEC TS 62804-1-1:2020 certification from DEKRA. This certification validates the module's exceptional anti-PID performance and quality under extreme conditions, meeting stringent safety and performance standards. The certification process involved a rigorous evaluation of potential-induced degradation in crystalline silicon PV modules. JinkoSolar aims to excel in high-performance modules, responding to the increasing market demand for efficiency and power output.
JinkoSolar (NYSE: JKS) has announced that it will release its unaudited financial results for the first quarter ending March 31, 2021, before the U.S. market opens on June 25, 2021. An earnings conference call will be held the same day at 8:00 a.m. Eastern Time, with dial-in details provided. For those unable to attend, a replay will be accessible starting two hours after the call concludes until July 2, 2021. JinkoSolar is recognized as a leading solar module manufacturer, boasting a robust production capacity across multiple locations worldwide.
JinkoSolar (NYSE: JKS) achieved a world record in solar cell efficiency with a maximum conversion rate of 25.25% for its large-area N-type monocrystalline silicon solar cells, confirmed by the National Institute of Metrology in China. This marks the third record set by the company since July 2020. The breakthrough results from advanced technologies and material upgrades in the cell fabrication process, paving the way for mass production of N-type TopCon cells. JinkoSolar emphasizes its commitment to R&D and carbon neutrality goals, enhancing its market leadership.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced a change in its senior management, appointing Mengmeng (Pan) Li as the new chief financial officer, effective immediately. This change is in response to compliance requirements of the Shanghai Stock Exchange's STAR Market, as JinkoSolar plans to list its subsidiary, Jiangxi Jinko. Former CFO Haiyun (Charlie) Cao resigns but will continue with Jiangxi Jinko. The company believes this management change will not materially affect its business operations.
JinkoSolar (NYSE: JKS) has been awarded the Best HR Strategy of the Year at the Energy HR Summit India 2021, highlighting its effective human resource management amid challenging times. Dr. Suyog V., HR Director, emphasized the company's commitment to fostering a balanced corporate culture and maintaining employee productivity. The award acknowledges JinkoSolar's initiatives to protect its workforce while driving innovation during industry transitions. With a strong focus on employee welfare, the company remains resilient in a competitive market.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) has been recognized as the Top 1 Prestigious Module PV Brand in Vietnam for 2020. The company supplied over 2.5GW of solar modules, securing an 18% market share overall and 36.8% in the utility sector. Vietnam, ranking third globally in new solar capacity, saw a demand for high-efficiency monocrystalline modules. JinkoSolar's Tiger Pro series has become a preferred choice due to its reliability and efficiency. The company emphasizes its commitment to clean energy and superior customer service in Vietnam's rapidly growing economy.