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 (NYSE: JKS) announced updates regarding the proposed initial public offering (IPO) of its subsidiary, Jiangxi Jinko, on China's STAR Market. The stock listing committee reviewed the application and confirmed that Jiangxi Jinko met all necessary requirements for the IPO. The next step involves a registration process with the China Securities Regulatory Commission. As of June 30, 2021, JinkoSolar boasts a strong vertically integrated capacity of 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules, operating globally with 9 production facilities and 22 subsidiaries.
JinkoSolar (NYSE: JKS), a leading global solar module manufacturer, has been awarded the 'Top Brand PV USA' seal by EUPD Research. This recognition is based on a survey of U.S. installers, who rated JinkoSolar highly for brand awareness and customer recommendations. The acknowledgment reflects JinkoSolar's commitment to quality and reliability in its products and services. With a significant production capacity of 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules as of June 30, 2021, JinkoSolar continues to strengthen its position in the renewable energy market.
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JinkoSolar is applying for an initial public offering (IPO) for its subsidiary, Jiangxi Jinko, on the Shanghai Stock Exchange's Sci-Tech innovation board. The company's estimated revenues for the nine months ending September 30, 2021, are projected between RMB23.6 billion and RMB23.8 billion, with net income expected between RMB625 million and RMB655 million. JinkoSolar holds approximately 73.28% equity in Jiangxi Jinko, and the forecasts are based on preliminary estimates that may vary. Investors are advised to consider these figures cautiously.
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.