Jinkosolar Hold Stock Price, News & Analysis

JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced the completion of its at-the-market offering, selling 1,494,068 American depositary shares (ADS) and raising US$98.25 million after expenses. The offering was part of a US$100 million program aimed at strengthening its financial position. JinkoSolar, a leading solar module manufacturer, maintains a robust global presence with production capabilities of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules as of September 2020.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that all shareholder resolutions from its 2020 annual general meeting were approved. Key resolutions included the re-election of directors Yingqiu Liu, Wing Keong Siew, and Haiyun (Charlie) Cao, as well as the ratification of PricewaterhouseCoopers Zhong Tian LLP as auditors for 2020. Shareholders also authorized directors to set auditor remuneration and necessary actions for these resolutions. JinkoSolar remains a leading solar module manufacturer with a significant global footprint and impressive production capacity as of September 30, 2020.

JinkoSolar Holding Co., Ltd (NYSE: JKS) announced that its solar modules are generating nearly 550 MW AC, representing over one-third of Australia's utility solar PV capacity, which totals around 1.5 GW. With upcoming connections from several power plants, JinkoSolar's output will reach 1 GW AC. This achievement reinforces JinkoSolar's leadership in the Australian market, reflecting its commitment to renewable energy innovation and customer recognition.

JinkoSolar (NYSE: JKS) announced that its modules are generating nearly 550 MW AC in Australian utility-scale solar farms, representing over one third of the sector's total capacity, which is approximately 1.5 GW. The capacity will increase to 1 GW AC once additional power plants, including Sunraysia and Glenrowan, are connected to the grid. This achievement underscores JinkoSolar's leadership in the Australian market and reflects its commitment to advancing renewable energy solutions.

JinkoSolar (NYSE: JKS) announced a prospectus supplement for an at-the-market equity offering program to sell up to US$100,000,000 of American depositary shares (ADSs). The sales will be conducted through Credit Suisse and Barclays as agents, with proceeds aimed at expanding production capacity at its Jiangxi Jinko subsidiary and other general corporate purposes. The shares will be offered under a shelf registration effective since December 16, 2020, and details can be found in the filed prospectus supplement with the SEC.

JinkoSolar (NYSE: JKS) announced significant changes to its senior management team to comply with the Shanghai Stock Exchange's requirements for its subsidiary's proposed listing. Key executives, including the CEO and COO, have resigned to assume roles at Jiangxi Jinko. Xiande Li has been appointed as the new CEO of JinkoSolar. The company believes these management changes will not materially impact its operations. JinkoSolar remains a leading solar module manufacturer with a robust global presence and substantial production capacity.

On December 10, 2020, JinkoSolar (NYSE: JKS) announced an update to its 2020 annual general meeting agenda, adding a resolution to ratify Mr. Haiyun (Charlie) Cao's appointment as a director. The updated notice is available on the company's Investor Relations website. JinkoSolar is a leading solar module manufacturer with a capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules as of September 30, 2020. The company has a global presence with production facilities and subsidiaries across multiple countries.