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) has been awarded the highest AAA credit rating in the Chinese market by the China Association for Quality, marking a significant milestone in its quality management performance. This recognition highlights JinkoSolar's robust credit management and operational capabilities. With leading technologies and a commitment to research and development, the company has achieved global prominence, ranking first in PV module shipments for four consecutive years. JinkoSolar aims to continue enhancing product quality and supporting the global transition to renewable energy through innovation.
On November 27, 2020, JinkoSolar (NYSE: JKS) announced a share and debt purchase agreement where its subsidiary, JinkoSolar Sweihan (HK) Limited, will sell its 50% equity interest in Sweihan Solar Holding Company Limited to Jinko Power (HK). This divestiture allows Jinko HK to indirectly hold a 20% equity interest in the Sweihan PV Power Company, which operates a 1,200 MW photovoltaic power plant in Abu Dhabi. The deal is subject to approvals from Emirates Water and Electricity Company and other stakeholders, enabling JinkoSolar to focus on its core business and long-term growth in the solar industry.
JinkoSolar, a leading solar module manufacturer, announced it will release its unaudited financial results for Q3 2020 on December 7, 2020, before U.S. market opening. A conference call is scheduled for the same day at 7:30 a.m. ET. Participants can join by dialing the provided numbers, with a passcode of 27311972#. A replay will be available for two weeks following the call. JinkoSolar operates with a significant global footprint and a vertically integrated production capacity, emphasizing its position within the solar market.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced its 2020 annual general meeting on December 29, 2020, at 10:00 a.m. Beijing time. Key agenda items include re-electing directors Yingqiu Liu and Wing Keong Siew, ratifying PricewaterhouseCoopers as auditors for the fiscal year, and reviewing the audited financial statements for 2019. Only shareholders of record by November 30, 2020, may vote. The 2019 Annual Report is available on the company’s website for those requesting a hard copy.
JinkoSolar (NYSE: JKS) announced the resignation of COO Zhiqun Xu and the appointment of Dr. Jiun-Hua Allen Guo as the new COO. Dr. Guo has been with JinkoSolar since 2012, previously serving as Vice President for Quality System and holding various leadership roles within the company. CEO Kangping Chen expressed confidence in Dr. Guo's experience to enhance JinkoSolar's strategic execution. JinkoSolar continues to be a leading solar module manufacturer, with a robust global presence and significant production capacity.
JinkoSolar has signed a long-term purchase agreement with subsidiaries of Tongwei Co., Ltd. for nearly 100,000 metric tons of polycrystalline silicon (Poly-Si). This agreement aims to ensure a stable supply of raw materials, aligning with JinkoSolar's strategic plans. Pricing for additional orders will be based on market conditions. The partnership is expected to enhance JinkoSolar's competitive edge and support the renewable energy market's growth.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced a successful RMB 3.1 billion (US$ 458 million) equity financing by its subsidiary, Jiangxi Jinko, aimed at qualifying for a listing on China's STAR Market. Following this financing, prominent Chinese investors will own about 26.7% of Jiangxi Jinko. CEO Kangping Chen emphasized this milestone supports future capacity expansion and R&D. JinkoSolar will maintain majority control post-listing, reinforcing its commitment to shareholder value.
JinkoSolar (NYSE: JKS) has signed a Module Supply Agreement for the Kozani solar project in Greece, developed by juwi Hellas. Construction is set to start in November 2021, utilizing 204 MW of Swan bifacial modules. This project aims to be a benchmark for renewable energy in Europe, providing competitively priced, subsidy-free solar power. JinkoSolar's innovative modules play a key role in this endeavor, which is one of the largest utility-scale projects to deploy bifacial technology in Europe.
JinkoSolar (NYSE: JKS) reported its second quarter 2020 financial results, showing a 31.0% rise in solar module shipments to 4,469 MW and total revenues of RMB8.45 billion (US$1.20 billion), exceeding guidance. Net income attributable to shareholders was RMB318.0 million (US$45.0 million), a significant increase from the previous year. Despite a slight gross margin decline to 17.9%, JinkoSolar anticipates strong demand continuing through 2020, projecting third quarter module shipments of 5.0 to 5.3 GW. The company plans to list its subsidiary Jiangxi Jinko on the STAR Market to enhance growth opportunities.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced a strategic plan to list its subsidiary, Jiangxi Jinko, on China's STAR Market within three years. The board approved an equity financing raising RMB 3.1 billion (approximately US$ 458 million) from notable investors for a 26.7% stake, with a pre-money valuation of RMB 8.5 billion. This valuation is 15.6% higher than JinkoSolar's market cap as of September 18, 2020. The listing aims to enhance growth opportunities and strengthen JinkoSolar's market position.