STOCK TITAN

JINKOSOLAR HOLDINGS (JKS) Stock News, Apr-Jun 2021

JKS NYSE

JinkoSolar Holding Co., Ltd. reports developments tied to its photovoltaic manufacturing business and its NYSE-listed American depositary shares. The company operates across the solar product value chain, with silicon wafers, solar cells and solar modules sold under the JinkoSolar brand, including Tiger Neo modules. Its updates also cover energy storage systems and integrated solar-plus-storage solutions for utility, commercial and residential customers across international markets.

Recurring news themes include quarterly and annual financial results, module shipment trends, overseas market demand, photovoltaic product pricing, technology updates involving N-type TOPCon and perovskite tandem solar cells, U.S. manufacturing and supply-chain activity, and disclosures from its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd., also referred to as Jiangxi Jinko.

Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.11%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.68%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.68%
Tags
conferences earnings
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.68%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
none
-
Rhea-AI Summary

JinkoSolar announced an update to its value-based strategy on May 10, 2021, aiming to integrate social responsibility with profitability. The company emphasizes achieving carbon neutrality and phasing out fossil fuels. Its new slogan, 'Be Your Climate Action Partner,' reflects a commitment to empowering global partners in solar energy innovation. JinkoSolar has built a robust network supporting carbon-neutral pathways and aims to optimize energy use across industries. The strategy addresses the need for companies to incorporate climate goals into their operations, highlighting its dedication to sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.63%
Tags
none
Rhea-AI Summary

JinkoSolar Holding Co., Ltd. (NYSE: JKS) filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the Securities and Exchange Commission on April 28, 2021. The report includes audited consolidated financial statements and is accessible on the company's website. JinkoSolar, a leader in solar module manufacturing, boasts an integrated capacity of 22 GW for mono wafers, 11 GW for solar cells, and 31 GW for solar modules as of December 31, 2020. Shareholders can request a hard copy of the report free of charge.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none

FAQ

What is the current stock price of JINKOSOLAR HOLDINGS (JKS)?

JINKOSOLAR HOLDINGS (JKS) last closed at $8.63.

What is the market cap of JINKOSOLAR HOLDINGS (JKS)?

The market cap of JINKOSOLAR HOLDINGS (JKS) is approximately $452.0M.