Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
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.
Exhibit 99.1
JinkoSolar’s Subsidiary, Jinko Solar Co., Ltd., Announces
Certain Preliminary Unaudited Financial Results for Full Year 2025
SHANGRAO, China, Feb. 27, 2026 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. (“JinkoSolar” or the "Company") (NYSE: JKS), a global leader in clean energy technology, today announced
that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), published certain preliminary
unaudited consolidated financial results as of and for the full year ended December 31, 2025 (the "Jiangxi Jinko Preliminary
Unaudited Financial Results"), prepared in accordance with accounting principles generally accepted in the People's Republic of
China (the “PRC GAAP”).
For full year 2025, (i) the preliminary unaudited revenues of
Jiangxi Jinko were RMB65.49 billion, a decrease of 29.18% year-on-year, (ii) the preliminary unaudited net loss attributable to
shareholders of Jiangxi Jinko was RMB6.79 billion, compared to net profit attributable to the shareholders of Jiangxi Jinko of RMB98.9
million in 2024, and (iii) the preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko, excluding non-recurring
gains and losses, was RMB7.64 billion. These results were primarily attributable to a decline in the profitability of Jiangxi Jinko's
main business due to a fall in the selling prices of its photovoltaic products.
A summary of key financial data from the Jiangxi Jinko Preliminary
Unaudited Financial Results is set forth below.
| | |
As
of December 31, 2025 | | |
As
of December 31, 2024 | | |
Change | |
| | |
(RMB) | | |
(RMB) | | |
( %) | |
| | |
(unaudited) | | |
(audited) | | |
| |
| Total assets | |
| 119,158,905,900 | | |
| 121,109,877,900 | | |
| (1.61 | ) |
| Total equity attributable to parent company | |
| 25,461,709,900 | | |
| 32,309,559,900 | | |
| (21.19 | ) |
| | |
For the Full Year
Ended December 31,
2025 | | |
For the
Full Year
Ended December 31,
2024 | | |
Change
Compared
to Full
Year
Ended
December 31,
2024 | |
| | |
(RMB) | | |
(RMB) | | |
( %) | |
| | |
(unaudited) | | |
(audited) | | |
| |
| Total
operating revenue | |
| 65,491,917,400 | | |
| 92,471,327,200 | | |
| (29.18 | ) |
| Operating profit/(loss) | |
| (9,105,563,400 | ) | |
| 792,964,200 | | |
| (1,248.29 | ) |
| Loss before income taxes | |
| (9,108,627,100 | ) | |
| (77,056,600 | ) | |
| N/A | |
| Net profit/(loss) attributable to owners
of parent company | |
| (6,785,932,400 | ) | |
| 98,927,600 | | |
| (6,959.50 | ) |
| Net loss attributable to owners of parent
company, excluding non- recurring gains and losses | |
| (7,643,186,700 | ) | |
| (932,295,600 | ) | |
| N/A | |
| Weighted average return on equity (%) | |
| (23.49 | ) | |
| 0.30 | | |
| Decreased by 23.79 | |
| Basic earnings/(loss) per share (RMB/share) | |
| (0.68 | ) | |
| 0.01 | | |
| (6,900.00 | ) |
Jiangxi Jinko Preliminary Unaudited Financial Results are unaudited
and are subject to change upon the completion of the audit process for full year 2025. Jiangxi Jinko Preliminary Unaudited Financial
Results should not be viewed as a substitute for the full financial statements of Jiangxi Jinko prepared in accordance with PRC GAAP.
Jiangxi Jinko Preliminary Unaudited Financial Results differ from
JinkoSolar's consolidated financial results (the "Consolidated Financials"), due to (i) the consolidation scope of the
Jiangxi Jinko Preliminary Unaudited Financial Results differing from that of the Consolidated Financials as the former are prepared solely
for Jiangxi Jinko, whereas the Consolidated Financials also include financial statements from JinkoSolar and its other subsidiaries,
and (ii) differences in accounting standards and principles used to prepare the Jiangxi Jinko Preliminary Unaudited Financial Results
and the Consolidated Financials. Specifically, the Jiangxi Jinko Preliminary Unaudited Financial Results are prepared in accordance with
PRC GAAP, whereas the Consolidated Financials are prepared in accordance with accounting principles generally accepted in the United
States. As such, investors in JinkoSolar should exercise caution when reviewing the Jiangxi Jinko Preliminary Unaudited Financial Results
included in this press release and are advised not to base their investment decisions solely on such preliminary unaudited financial
results.
JinkoSolar currently owns approximately 55.59% equity interest in
Jiangxi Jinko.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar
module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services 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.
JinkoSolar had over 10 productions facilities globally, over 20 overseas
subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other
countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany,
Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2025.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements
constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar statements. Among
other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking
statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in
the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S.
Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake
any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Christian Arnell
Tel: +852 2117 0861
Email: christian.arnell@christensencomms.com
In the U.S.:
Email: jinko@christensencomms.com
