JinkoSolar Board Member's $300K Stock Sales Signal Potential Shift in Solar Sector

Rhea-AI Filing Summary

JinkoSolar Holding director Stephen Markscheid has filed Form 144 indicating a proposed sale of 7,717 American Depositary Shares (ADS) with an aggregate market value of $152,873.77. Each ADS represents four ordinary shares of the company.

Key transaction details:

• Securities were originally acquired through an ESOP as RSU vesting on January 5, 2023
• Planned sale to be executed through The Core Securities Company Limited on NYSE
• Total outstanding ADSs: 51,652,441

Recent trading activity by Markscheid in the past 3 months includes:

• June 20, 2025: Sold 2,000 ADSs for $40,404
• June 23, 2025: Sold 3,000 ADSs for $60,000
• June 24, 2025: Sold 2,717 ADSs for $55,446.11

The filing confirms all 7,717 ADSs were sold as of June 26, 2025. The director has certified no knowledge of undisclosed material adverse information regarding the company.

Positive

• None.

Negative

• Director Stephen Markscheid has sold 7,717 ADSs (approximately $153,000) acquired through ESOP, representing a complete liquidation of these specific RSU-vested shares

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001494971
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	JinkoSolar Holding Co., Ltd.
SEC File Number	001-34615
Address of Issuer	1 Yingbin Road Shangrao Economic Development Zone Jiangxi Province CHINA 334100
Phone	86-793-858-8188
Name of Person for Whose Account the Securities are To Be Sold	Markscheid Stephen
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS (each representing four ordinary shares)	The Core Securities Company Limited StanChart Bank Bldg 4-4A Des Voeux Road Suite C, 20/F K3 999077	7717	152873.77	51652441	06/20/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS (each representing four ordinary shares)	01/05/2023	ESOP	JinkoSolar Holding Co., Ltd.			7717	01/05/2023	RSU vest

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Stephen Markscheid 419 Washington Avenue Wilmette IL 60091	ADS (each representing four ordinary shares)	06/20/2025	2000	40404.00
Stephen Markscheid 419 Washington Avenue Wilmette IL 60091	ADS (each representing four ordinary shares)	06/23/2025	3000	60000.00
Stephen Markscheid 419 Washington Avenue Wilmette IL 60091	ADS (each representing four ordinary shares)	06/24/2025	2717	55446.11

144: Remarks and Signature

Remarks	The aggregate number of 7,717 ADSs have been sold as of June 26, 2025.
Date of Notice	06/26/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Markscheid Stephen
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many JKS shares is Director Stephen Markscheid selling according to the Form 144 filing from June 2025?

According to the Form 144 filing, Director Stephen Markscheid is selling 7,717 ADSs (American Depositary Shares) of JinkoSolar Holding Co., Ltd., with each ADS representing four ordinary shares. The aggregate market value of these shares is $152,873.77.

When did Stephen Markscheid acquire the JKS shares being sold?

Stephen Markscheid acquired the 7,717 ADSs on January 5, 2023, through an ESOP (Employee Stock Ownership Plan). The shares were received as RSU (Restricted Stock Unit) vesting from JinkoSolar Holding Co., Ltd.

What recent JKS share sales has Director Markscheid made in the past 3 months?

Director Markscheid made three recent sales: 2,000 ADSs on June 20, 2025 ($40,404.00), 3,000 ADSs on June 23, 2025 ($60,000.00), and 2,717 ADSs on June 24, 2025 ($55,446.11), totaling 7,717 ADSs sold as of June 26, 2025.

What is the total number of JKS ADSs outstanding as of the Form 144 filing?

According to the Form 144 filing, JinkoSolar Holding Co., Ltd. (JKS) has 51,652,441 ADSs outstanding at the time of the filing in June 2025.

Where will the JKS shares be sold according to the Form 144?

The shares will be sold on the NYSE (New York Stock Exchange) through The Core Securities Company Limited, located at StanChart Bank Bldg 4-4A Des Voeux Road, Suite C, 20/F K3 999077.