Jinkosolar Hold Stock Price, News & Analysis

JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a global manufacturer in the photovoltaic industry focused on solar power products. According to company disclosures, JinkoSolar has built a vertically integrated solar power product value chain that spans manufacturing from silicon wafers to solar cells and solar modules, and it sells solar modules under the JinkoSolar brand. The company is described in regulatory and news materials as one of the largest and most innovative solar module manufacturers in the world.

Core business and products

JinkoSolar is engaged in the photovoltaic industry and manufactures key components used in solar power generation. Its stated products include silicon wafers, solar cells and solar modules. The company distributes its solar products and sells its solutions and services to a diversified international customer base that includes utility-scale, commercial and residential customers, as described in multiple press releases. This vertical integration from wafers to modules supports its role as a solar module manufacturer serving different project sizes and applications.

Global footprint and customer base

Company press releases state that JinkoSolar serves customers in numerous countries and regions. Its solar products, solutions and services are distributed to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. The company reports that it had over 10 production facilities globally and more than 20 overseas subsidiaries in countries such as Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States and Mexico, together with a global sales network that includes sales teams in China, the United States, Canada, Brazil, Chile, Mexico, several European countries, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of mid to late 2025.

Operations, capacity and technology focus

JinkoSolar’s public communications emphasize large-scale module shipments and manufacturing capacity. The company reported that its global module shipments in the first three quarters of 2025 totaled 61.9 GW and that it has ranked No. 1 worldwide in global module shipments over that period. It also disclosed that by June 30, 2025, it had become the first module manufacturer in the world to have delivered a total of 350 GW of solar modules, and later noted that by the end of the third quarter of 2025 it had delivered a total of 370 GW of solar modules, with cumulative shipments of its Tiger Neo series surpassing 200 GW.

In its business highlights, JinkoSolar describes a focus on high-efficiency N-type TOPCon cell and module technologies. It reported laboratory conversion efficiency records for N-type high-efficiency TOPCon cells and modules, and stated that mass-produced efficiency for TOPCon cells exceeded a specified percentage, with higher conversion efficiency for high-efficiency series. The company also stated that it has continued to upgrade existing TOPCon capacity through technology enhancements and that, by mid-2025, it had over 20 GW of high-efficiency capacity. JinkoSolar has indicated expectations about the proportion of capacity with mainstream high power outputs, reflecting an emphasis on higher-power products within its manufacturing base.

Energy storage and related activities

In commentary accompanying its financial results, JinkoSolar highlighted its activities in the energy storage system (ESS) business. The company reported that its cumulative ESS shipments in the first three quarters of 2025 exceeded 3.3 GWh and referred to ESS as an area where it has devoted research and development efforts. It also noted order book visibility for ESS and described ESS as a business area where it seeks to build competitiveness, particularly in overseas markets and in utility-scale and industrial and commercial projects. These disclosures indicate that, in addition to solar modules, JinkoSolar is active in energy storage-related products and solutions.

Corporate structure and listings

JinkoSolar Holding Co., Ltd. is listed on the New York Stock Exchange under the symbol JKS. Company filings also describe a majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. (Jiangxi Jinko), whose A shares are listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board. JinkoSolar has reported owning a majority equity interest in Jiangxi Jinko and has disclosed transactions involving the sale of A shares of Jiangxi Jinko to institutional investors through inquiry transfer and placement, while retaining a majority stake.

Headquarters and jurisdiction

Regulatory filings identify JinkoSolar Holding Co., Ltd. as a company with an address in the Shangrao Economic Development Zone in Jiangxi Province, People’s Republic of China. The company prepares consolidated financial statements in accordance with accounting principles generally accepted in the United States (US GAAP), while its subsidiary Jiangxi Jinko prepares financial statements in accordance with accounting principles generally accepted in the People’s Republic of China (PRC GAAP), as described in its press releases and accompanying 6-K filings.

Industry classification

Based on the provided industry classification, JinkoSolar operates in Semiconductor and Related Device Manufacturing within the broader Manufacturing sector, with a focus on photovoltaic products for solar energy generation. Its activities center on the production of silicon wafers, solar cells and solar modules, and related solar power products, along with energy storage systems as described in its business highlights.

Use cases and customer segments

Company press releases state that JinkoSolar distributes its solar products and sells its solutions and services to a diversified international customer base spanning utility-scale, commercial and residential segments. An example disclosed by the company is the supply of EAGLE G6 modules for a Costco Warehouse project in the State of Washington, in cooperation with Trinity Energy. In that project, approximately 1,000 EAGLE G6 modules were installed, and the project was registered with JinkoSolar’s EAGLE Preserve program, which is described as a solar stewardship program that arranges for end-of-life module pickup and recycling at no cost to specified partners at that site.

Environmental and ESG aspects

JinkoSolar has reported that its MSCI ESG rating was upgraded to “A,” which it describes as the highest level among mainstream photovoltaic (PV) companies. In connection with the Costco project in Washington State, the company highlighted that its EAGLE Preserve program became Washington State’s first approved solar stewardship program and that it is intended to ensure that modules from that site are recycled in a sustainable way at end-of-life. These disclosures indicate that environmental stewardship and ESG considerations are part of the company’s public positioning.

Financial reporting and guidance

Through its 6-K filings and press releases, JinkoSolar regularly reports unaudited financial results for interim periods and provides selected business highlights. For example, it has disclosed quarterly shipments of solar modules and other products, total revenues, gross profit and margin, and net income or loss attributable to ordinary shareholders for specified quarters. The company has also provided business outlook information, including expected ranges for module shipments for specific quarters and for full-year periods, and expectations regarding production capacity for mono wafer, solar cell and solar module by the end of certain years. These figures are presented as management’s views and estimates based on market conditions, production capacity, order book and the global economic environment, and are subject to uncertainty, as stated in the company’s own communications.

Governance and shareholder meetings

JinkoSolar holds annual general meetings where shareholders vote on matters such as the re-election of directors and the appointment of auditors. In its description of the 2025 annual general meeting, the company reported that shareholders approved resolutions including the re-election of directors, the ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors for the fiscal year of 2025, and the authorization of directors to determine auditor remuneration and to take actions necessary to implement the resolutions. Notices of annual general meetings and related materials, such as annual reports and audited financial statements, are made available to shareholders as described in company announcements.

Position within the solar industry

Across multiple press releases, JinkoSolar describes itself as one of the largest and most innovative solar module manufacturers in the world. It has highlighted milestones such as being the first module manufacturer to deliver cumulative module shipments of 350 GW and later 370 GW, and it has reported that its global module shipments in the first three quarters of 2025 totaled 61.9 GW, which it states ranked No. 1 worldwide over that period. These self-reported metrics and statements provide context for understanding the company’s scale and role within the global solar module manufacturing segment of the photovoltaic industry.