NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether JinkoSolar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
SHANGRAO, China, Jan. 17, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), published estimates for certain preliminary unaudited financial results for the full year ended December 31, 2024.
For the year ended December 31, 2024, (i) preliminary unaudited net income attributable to shareholders of Jiangxi Jinko is estimated to be in the range of RMB80 million to RMB120 million, a decrease of 98.39% to 98.92% or RMB7,320.48 million to RMB7,360.48 million year-over-year, and (ii) preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko excluding extraordinary gains and losses is estimated to be in the range of RMB750 million to RMB1,050 million, a decrease of 110.86% to 115.21% or RMB7,654.04 million to RMB7,954.04 million year-over-year.
SHANGRAO, China, Jan. 6, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has achieved a significant breakthrough in the development of its N-type TOPCon-based perovskite tandem solar cell. Independently tested by the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences, the cell achieved an impressive conversion efficiency of 33.84%, surpassing JinkoSolar's previous record of 33.24%. This achievement marks the 27th time JinkoSolar has set a world record for efficiency and power output for PV products.
SHANGRAO, China, Dec. 27, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company's 2024 annual general meeting held today were duly passed. Specifically, the Company's shareholders passed the following resolutions approving:
The re-election of Mr. Xianhua Li as a director of the Company;The re-election of Mr. Steven Markscheid as a director of the Company;The ratification of the appointment of Mr. Gang Chu as an independent director of the Company and the re-election of him as an independent director of the Company;The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024;The authorization of the directors of the Company to determine the remuneration of the auditors of the Company; andThe authorization of each of the directors of the Company be authorized to take any and all action that might be necessary to effect the foregoing resolutions 1 to 5 as such director, in his or her absolute discretion, thinks fit.MUNICH, Dec. 22, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has been recognized with two prestigious awards from EUPD Research, the Solar Prosumer and the DACH Energy Transition Award.
The Energy Transition Award is a prestigious acknowledgement for the pioneers of the energy transition in the DACH (Germany, Austria and Switzerland), who succeed in comprehensively integrating the new energy world into their product and service portfolio and are seen as role models for others.
SHANGRAO, China, Dec. 10, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its board of directors ("Board") has approved the upsizing and extension of its existing share repurchase program ("Existing Share Repurchase Program").
As previously announced, the Company launched a share repurchase program in July 2022, whereby the Company was authorized to repurchase up to US$200 million of its Class A ordinary shares represented by American depositary shares ("ADSs"). In December 2023, the Company extended the share repurchase program by 18 months through June 30, 2025. As of the date of this press release, the Company had repurchased approximately US$134.5 million of the ADSs authorized under the Existing Share Repurchase Program.
Lawsuit Filed in U.S. District Court in California regarding Jinko's Proprietary Technology
SAN FRANCISCO, Dec. 7, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has filed a patent infringement action in the U.S. District Court for the Northern District of California (San Francisco) against VSUN Solar USA, Inc., Toyo Co., Ltd., and their related entities in the U.S. and abroad for infringement of JinkoSolar's patents.
Pioneering Partnership Brings 800kW of Solar Power to Tribal Nations, Advancing Energy Sovereignty and Sustainability
BUSBY, Mont., Dec. 2, 2024 /PRNewswire/ -- Indigenized Energy, a Native-led capacity-building organization that works directly with Tribes to build sustainable solar energy systems, and JinkoSolar, a leading PV module manufacturer and energy storage system integrator, announced today the in-kind donation of over 2,000 solar modules. The largest donation of its kind to-date, the modules will deliver more than 800kW of energy to Tribal Nations across the Midwestern United States. JinkoSolar's first Tribal donation was 300kW to the Standing Rock Sioux Tribe in 2019.
SHANGRAO, China, Nov. 11, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it will hold its 2024 annual general meeting on Friday, December 27, 2024 at 10:00 a.m. (Beijing time) at 10F, No.1, Lane 1466, Shenchang Road, Minhang District, Shanghai, China, for the following purposes:
To re-elect Mr. Xianhua Li as a director of the Company;To re-elect Mr. Steven Markscheid as an independent director of the Company;To ratify the appointment of Mr. Gang Chu as an independent director of the Company and re-elect him as an independent director of the Company;To ratify the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024;To authorize the directors of the Company to determine the remuneration of the Company's auditors;To authorize each of the directors of the Company to take any and all action that might be necessary to effect the foregoing resolutions as such director, in his or her absolute discretion, thinks fit;To receive and consider the audited financial statements and the report of the auditors for the year ended December 31, 2023, and the report of the board of directors; andTo act upon such other matters as may properly come before our annual general meeting or any adjournment or postponement thereof.SHANGRAO, China, Oct. 23, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2024 before the open of U.S. markets on Wednesday, October 30, 2024.
JinkoSolar's management will host an earnings conference call on Wednesday, October 30, 2024 at 8:30 a.m. U.S. Eastern Time (8:30 p.m. Beijing / Hong Kong the same day).
SHANGRAO, China, Oct. 21, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Jinko Solar Co., Ltd. ("Jiangxi Jinko"), its majority-owned principal operating subsidiary, intends to issue an aggregate of up to 1,000,519,986 A shares (the "Shares"), RMB1.0 par value per Share, in the form of Global Depositary Receipts ("GDRs") (including Shares issued as a result of the exercise of any over-allotment option, if any) (the "GDR Offering"). Each GDR represents 10 Shares. Jiangxi Jinko intends to apply for listing the GDRs on the Frankfurt Stock Exchange in Germany. The size of the GDR Offering is subject to market conditions and may be adjusted by Jiangxi Jinko's board of directors (subject to authorization from its shareholders at the shareholders' meeting).
SHANGRAO, China, Sept. 24, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its principle operating subsidiary Jinko Solar Co., Ltd.'s participation in the 2024 New York Climate Week, where we officially launch the English version of our first Climate White Paper*. This comprehensive report outlines our commitment to sustainability, innovative strategies to reduce carbon emissions, and actionable steps for creating a greener, more resilient future.
SHANGRAO, China, Sept. 9, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has been recognized as an Overall Highest Achiever in Renewable Energy Testing Center's ("RETC") 2024 PV Module Index Report ("PVMI"). This marks the fifth consecutive year that JinkoSolar has earned this notable award.
Since its launch in 2019, RETC's PVMI has gathered results from comprehensive beyond-certification bankability tests conducted on modules over 12 months. These tests are performed in state-of-the-art laboratories using certified equipment under audited and controlled conditions. The Overall Highest Achiever designation is the top award, recognizing manufacturers who excel in all three PVMI categories: reliability, performance, and quality. The program provides assurance to project owners, insurers, financiers, and engineers that mass-produced PV products will perform reliably during commercial operations.
JACKSONVILLE, Fla., Sept. 3, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company" or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced the successful completion of its delivery program which provided over 1,000 PV modules to Ohana Hope Village (OHV), a rapid response housing initiative in Kahului, Maui aimed to provide sustainable housing solutions for families displaced by the August 2023 Maui fire. The donation program began promptly in September 2023, soon after the fire, to ensure timely assistance to those in need.
SHANGRAO, China, Aug. 30, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the second quarter ended June 30, 2024.
Second Quarter 2024 Business Highlights
Leveraging our advantages of N-type TOPCon technology, competitive products, global marketing, and manufacturing footprint, module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry.At the end of the second quarter, we became the first module manufacturer in the world to have delivered a total of 260 GW solar modules, covering nearly 200 countries and regions.Our N-type TOPCon based perovskite tandem solar cell set a new record with conversion efficiency of 33.24%, a significant leap beyond our previous record of 32.33% for the same type of tandem cells.The mass production efficiency of N-type TOPCon cells exceeds 26.1%.Recently, we were recognized as a Tier 1 energy storage provider and a Tier 1 PV module manufacturer by Bloomberg New Energy Finance.We recently entered into a strategic partnership with Renewable Energy Localization Company and Vision Industries Company to form a joint venture in Saudi Arabia for the production of 10 GW of high-efficiency solar cells and solar modules.SHANGRAO, China, Aug. 30, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that as of the date of this press release, the Company has repurchased a total of 5,596,739 ADSs in an aggregate amount of approximately US$134.5 million in the open market under its share repurchase program announced in July 2022 and the extended share repurchase program announced in December 2023.
SHANGRAO, China, Aug. 20, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Mr. Yingqiu Liu has resigned as an independent director of the Company, and has ceased to be a member of the audit committee and the nominating and corporate governance committee of the Company, effective August 20, 2024. The departure of Mr. Yingqiu Liu was not due to any disagreement with the Company. Mr. Gang Chu has been appointed as an independent director of the Company and a member of the audit committee and the nominating and corporate governance committee of the Company, effective August 20, 2024.
SHANGRAO, China, Aug. 19, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2024 before the open of U.S. markets on Friday, August 30, 2024.
JinkoSolar's management will host an earnings conference call on Friday, August 30, 2024 at 8:30 a.m. U.S. Eastern Time (8:30 p.m. Beijing / Hong Kong the same day).
SHANGRAO, China, July 16, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its indirectly majority-owned subsidiary, JinkoSolar Middle East DMCC ("Jinko Middle East"), has entered into a shareholders agreement (the "Agreement") with Renewable Energy Localization Company ("RELC"), a wholly-owned subsidiary of Public Investment Fund ("PIF") and the national champion in the manufacturing of renewable and green energy technologies, and Vision Industries Company ("VI"), a limited liability company incorporated in Saudi Arabia which is a leading investor and developer of green energy industrial projects and local supply chains. Pursuant to the Agreement, Jinko Middle East, RELC and VI agree to form a joint venture in Saudi Arabia with Jinko Middle East, RELC and VI holding 40%, 40% and 20% equity interest, respectively. The formation of the joint venture is subject to customary preconditions, including obtaining the requisite regulatory approvals.
SHANGRAO, China, July 15, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has topped the PV Tech 2024 Q2 ModuleTech Bankability Report with "AAA" rating. JinkoSolar has once again earned the trust of global investors and customers with its robust R&D capabilities, healthy financial performance, and extensive market coverage.
The Company's Bankability Scores have been consistently rated AA or AAA, mostly due to its sizeable module shipments and relative financial health. At the end of the first half of 2024, JinkoSolar was once again leading the industry in terms of accumulated global module shipments. According to the financial results of its subsidiary Jinko Solar Co., Ltd., for the first quarter 2024, total revenue was 23.083 billion RMB and net profit attributable to shareholders was 1.176 billion RMB.
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