STOCK TITAN

JinkoSolar (JKS) sells 75.1% of U.S. subsidiary and receives US$97.7M

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

JinkoSolar Holding Co., Ltd. reports that its subsidiary JinkoSolar (U.S.) Holding Inc. has closed the previously announced disposal of a 75.1% equity interest in Jinko Solar (U.S.) Industries Inc. on May 31, 2026. After this transaction, JinkoSolar (U.S.) Holding holds 24.9% of Jinko Industries, while FH JKV Holdings Limited holds 75.1%, so Jinko Industries is no longer a consolidated subsidiary of JinkoSolar. Upon closing, JinkoSolar (U.S.) Holding received the first tranche of consideration of about US$97.7 million, which represents 51% of the total agreed consideration for the disposal.

Positive

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Negative

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Insights

JinkoSolar monetizes majority of a U.S. subsidiary stake, retaining a minority interest.

JinkoSolar has completed the disposal of a 75.1% equity interest in its U.S. subsidiary Jinko Solar (U.S.) Industries Inc. The buyer, FH JKV Holdings Limited, now holds the majority stake, while JinkoSolar retains 24.9%, shifting Jinko Industries to an unconsolidated position.

At closing, JinkoSolar (U.S.) Holding received an initial payment of about US$97.7 million, described as 51% of the total consideration. This indicates additional tranches are contemplated in the transaction documents. The net financial and strategic impact will become clearer in future company filings that detail earnings and balance sheet effects.

Equity interest disposed 75.1% equity interest Sold in Jinko Solar (U.S.) Industries Inc.
Retained equity interest 24.9% equity interest Remaining stake in Jinko Solar (U.S.) Industries Inc.
First tranche consideration US$97.7 million Initial payment received at closing
Portion of total consideration 51% First tranche as share of total disposal consideration
Closing date May 31, 2026 Date disposal of 75.1% stake was closed
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
equity interest financial
"disposal of its 75.1% equity interest in Jinko Solar (U.S.) Industries Inc."
An equity interest is an ownership stake in a company that gives the holder a share of its assets, profits and sometimes voting power—think of owning a slice of a pie that grows or shrinks with the business. Investors care because the size and type of that stake determine how much they benefit from future gains, bear losses, receive dividends, or influence decisions, and it directly affects the value and risk of their investment.
consolidated subsidiary financial
"Jinko Industries has ceased to be a consolidated subsidiary of the Company."
consideration financial
"received the first tranche of consideration (i.e., approximately US$97.7 million)"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-34615

 

JinkoSolar Holding Co., Ltd.

(Translation of registrant’s name into English)

 

1 Yingbin Road

Shangrao Economic Development Zone

Jiangxi Province, 334100

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x                                Form 40-F  ¨

 

 

 

 

 

 

JinkoSolar Announces Closing of Disposal of 75.1% Equity Interest in Its U.S. Subsidiary

 

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) announced that JinkoSolar (U.S.) Holding Inc. (“JinkoSolar U.S. Holding”), a subsidiary of the Company, has closed the previously announced disposal of its 75.1% equity interest in Jinko Solar (U.S.) Industries Inc. (“Jinko Industries”)(the “Disposal”) on May 31, 2026. Following the closing of the Disposal, JinkoSolar U.S. Holding and FH JKV Holdings Limited owns 24.9% and 75.1% equity interest in Jinko Industries, respectively, and Jinko Industries has ceased to be a consolidated subsidiary of the Company.

 

Pursuant to the relevant transaction documents, upon the closing, JinkoSolar U.S. Holding has received the first tranche of consideration (i.e., approximately US$97.7 million), representing 51% of the total consideration of the Disposal.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  JinkoSolar Holding Co., Ltd.
     
  By: /s/ Mengmeng (Pan) Li
  Name: Mengmeng (Pan) Li
  Title: Chief Financial Officer

 

Date: June 1, 2026

 

 

 

FAQ

What transaction did JinkoSolar (JKS) report in its June 2026 Form 6-K?

JinkoSolar reported closing the disposal of a 75.1% equity interest in its U.S. subsidiary Jinko Solar (U.S.) Industries Inc. The deal was completed on May 31, 2026, altering JinkoSolar’s ownership and consolidation of this business.

How did JinkoSolar’s ownership in Jinko Solar (U.S.) Industries Inc. change after the disposal?

After the transaction, JinkoSolar (U.S.) Holding Inc. holds 24.9% of Jinko Solar (U.S.) Industries Inc., while FH JKV Holdings Limited owns 75.1%. This new structure means Jinko Industries is no longer treated as a consolidated subsidiary of JinkoSolar.

How much cash did JinkoSolar receive at closing of the Jinko Industries disposal?

Upon closing, JinkoSolar (U.S.) Holding received an initial payment of about US$97.7 million. The filing states this is the first tranche of consideration and represents 51% of the total agreed consideration for the disposal.

Does JinkoSolar still have an interest in Jinko Solar (U.S.) Industries Inc. after the transaction?

Yes. JinkoSolar, through JinkoSolar (U.S.) Holding Inc., retains a 24.9% equity interest in Jinko Solar (U.S.) Industries Inc. However, because it sold 75.1%, the U.S. entity has ceased to be a consolidated subsidiary of JinkoSolar.

Who is the new majority owner of Jinko Solar (U.S.) Industries Inc. after JinkoSolar’s disposal?

After closing, FH JKV Holdings Limited owns a 75.1% equity interest in Jinko Solar (U.S.) Industries Inc., becoming the majority owner. JinkoSolar’s subsidiary JinkoSolar (U.S.) Holding Inc. retains the remaining 24.9% equity interest.