Core Viewpoint - JinkoSolar's stock has experienced fluctuations, with a year-to-date increase of 31.40% but a recent decline of 5.17% over the past five trading days [1] Group 1: Stock Performance - As of October 16, JinkoSolar's stock price was 3.67 CNY per share, with a market capitalization of 13.106 billion CNY [1] - The stock has seen a net outflow of 7.3341 million CNY in principal funds, with significant selling pressure from large orders [1] - The company has appeared on the trading leaderboard twice this year, with the most recent instance on September 12, where it recorded a net buy of -291 million CNY [1] Group 2: Business Overview - JinkoSolar, established on July 28, 2011, and listed on May 19, 2020, focuses on photovoltaic power station development, operation, and EPC services [2] - The revenue composition includes 75.57% from photovoltaic power generation, 18.34% from household photovoltaic station development, and smaller contributions from EPC services and other activities [2] - The company operates within the public utility sector, specifically in solar power generation, and is associated with concepts like clean energy and green electricity [2] Group 3: Financial Performance - For the first half of 2025, JinkoSolar reported revenue of 2.124 billion CNY, a year-on-year increase of 10.47%, and a net profit of 123 million CNY, up 39.76% [2] - The company has distributed a total of 319 million CNY in dividends since its A-share listing, with 161 million CNY in the last three years [3] Group 4: Shareholder Structure - As of June 30, 2025, JinkoSolar had 119,100 shareholders, a decrease of 3.87% from the previous period, with an average of 29,980 circulating shares per shareholder [2] - The top ten circulating shareholders include notable entities like the Photovoltaic ETF and Hong Kong Central Clearing, with varying changes in their holdings [3]

| 证券代码：601778 | 证券简称：晶科科技 | 公告编号：2025-112 | | --- | --- | --- | | 转债代码：113048 | 转债简称：晶科转债 | | 晶科电力科技股份有限公司 累计转股情况："晶科转债"自 2021 年 10 月 29 日开始转股，截至 2025 年 9 月 30 日，累计共有 704,275,000 元"晶科转债"已转换为公司股票，累计转股 数量为 128,990,925 股，占"晶科转债"转股前公司已发行股份总额的 4.66%。 未转股可转债情况：截至 2025 年 9 月 30 日，尚未转股的"晶科转债"金额为 2,295,711,000 元，占"晶科转债"发行总量的 76.52%。 本季度转股情况：自 2025 年 7 月 1 日至 2025 年 9 月 30 日期间，共有 104,000 元"晶科转债"已转换为公司股票，转股数量为 20,104 股。 关于可转债转股结果暨股份变动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示: 一、可转债发行上 ...

Core Viewpoint - The company is providing guarantees for various subsidiaries to secure financing for operational needs, with a total guarantee amount planned for the year reaching RMB 16.6 billion or equivalent foreign currency [6][19]. Group 1: Guarantee Details - The company’s wholly-owned subsidiary, Poyang Jinko Electric Co., Ltd., is applying for a fixed asset loan of RMB 250 million from China Merchants Bank, with a 7-year term, and the company will provide joint liability guarantee and pledge 100% equity as collateral [1]. - Another subsidiary, Lian'an Jinko Solar Power Co., Ltd., is seeking a loan of RMB 75 million from China Merchants Bank for 10 years, with similar guarantee arrangements [2]. - Jinde Jinko Solar Power Co., Ltd. is applying for a loan of RMB 49 million from China Merchants Bank for 15 years, with the company providing joint liability guarantee and equity pledge [2]. - Yuhuan Jinko New Energy Co., Ltd. is seeking a project loan of RMB 10 million from Industrial Bank, with the company providing a joint liability guarantee [2]. - Nanjing Jingsheng Energy Technology Co., Ltd. is applying for a fixed asset loan of RMB 9.5 million from China Merchants Bank for 10 years, with the company providing a joint liability guarantee [2]. - Jinko Power (Hong Kong) Co., Ltd. is increasing its loan credit limit by EUR 52 million from BBVA Singapore, with the company providing a joint liability guarantee [3]. - Jinko Power Energy Holding, S.L.U. is applying for a guarantee credit limit of EUR 57 million from BBVA Spain, with the company providing a joint liability guarantee [4]. Group 2: Guarantee Agreement Content - The guarantees provided for Poyang Jinko, Lian'an Jinko, and Jinde Jinko include joint liability guarantees and 100% equity pledges, with the guarantee period lasting until the debt matures or three years after the loan [9]. - For Yuhuan Jinko, the guarantee is a joint liability guarantee with a three-year period after the main debt is fulfilled [10][11]. - The guarantee for Jinko Hong Kong is also a joint liability guarantee with a three-year period from the signing of the agreement [12]. - The guarantee for Jinko Power Chile III SpA is a joint liability guarantee with a one-year period from the issuance of the guarantee [14]. - The guarantees for Hengyang Jinjing and Shaoxing Jinjing are joint liability guarantees, with specific terms related to project completion and energy management agreements [16][18]. Group 3: Financial Overview - As of the announcement date, the total external guarantee balance of the company and its subsidiaries is RMB 198.57 billion, accounting for 125.09% of the latest audited equity attributable to the parent company, with no overdue guarantees reported [21].

Core Viewpoint - JinkoSolar announced that it has no overdue external guarantees, indicating a stable financial position and risk management strategy [2] Company Summary - JinkoSolar released an announcement on the evening of September 26, stating that there are no overdue external guarantees [2]

证券代码：601778 证券简称：晶科科技 公告编号：2025-111 晶科电力科技股份有限公司 关于提供担保的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | | 被担保人名称 | 公司及其全资下属公司 | | | --- | --- | --- | --- | | | 本次担保金额 | 82,514.16 | 万元 | | 担保对象 | 实际为其提供的担保余额 | 90,620.15 | 万元（含本次） | | | 是否在前期预计额度内 | 是 □否 | □不适用：_________ | | | 本次担保是否有反担保 | □是 否 | □不适用：_________ | 担保对象及基本情况 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股子 公司对外担保余额（万元） | 1,985,684.18 | | 对外担保余额占上市公司最近一期 经审计净资产的比例（%） | 125.09 | | 特别风险提示 产 | 1、对 ...

Core Viewpoint - JinkoSolar announced the release of 289,255,347 shares from pledge by its controlling shareholder, JinkoSolar Holding Co., Ltd., to Industrial Bank Co., Ltd. Shanghai Branch on September 24, 2025 [2] Summary by Relevant Sections - **Company Announcement** - JinkoSolar's controlling shareholder will release 289,255,347 shares from pledge [2] - **Financial Implications** - The shares released are of unlimited sale conditions, indicating potential liquidity improvement for the company [2]

证券代码：601778 证券简称：晶科科技 公告编号：2025-110 2025年9月24日，晶科集团将其质押给兴业银行股份有限公司上海分行的 289,255,347股无限售条件流通股股票办理了解除质押手续。具体情况如下： | 股东名称 | 晶科新能源集团有限公司 | | --- | --- | | 本次解除质押股份（股） | 289,255,347 | | 占其所持股份比例 | 33.89% | | 占公司总股本比例 | 8.10% | | 解除质押时间 | 2025 年 9 月 24 日 | | 持股数量（股） | 853,400,000 | | 持股比例 | 23.90% | | 剩余被质押股份数量（股） | 222,000,000 | | --- | --- | | 剩余被质押股份数量占其所持股份比例 | 26.01% | | 剩余被质押股份数量占公司总股本比例 | 6.22% | 晶科电力科技股份有限公司 关于控股股东部分股份解除质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 截至本公告披 ...

Core Viewpoint - Jinko Technology (601778.SH) announced the extension of the pledge period for part of its shares held by its controlling shareholder, Jinko Solar Group, involving 84.5 million shares, which accounts for 2.37% of Jinko Technology's total share capital [2][3]. Group 1: Shareholding and Pledge Details - Jinko Solar Group holds approximately 853 million shares of Jinko Technology, representing 23.9% of the total share capital [3]. - After the extension of the pledge period, the total number of pledged shares remains unchanged at approximately 511 million shares, which is 59.91% of the shares held by Jinko Solar Group and 14.32% of Jinko Technology's total share capital [3]. - In the next six months, Jinko Solar Group has approximately 427 million shares set to mature, with 289 million shares related to financing that will be settled by September 20, 2025, and the remaining 84.5 million shares maturing within the next year [4]. Group 2: Financial Performance - For the first half of 2025, Jinko Technology reported revenue of 2.124 billion yuan, a year-on-year increase of 10.47% [4]. - The net profit attributable to shareholders reached 123 million yuan, reflecting a year-on-year growth of 39.76% [4]. - The revenue growth is primarily driven by the increase in the scale of household photovoltaic power station development, while the rise in net profit is attributed to the increased transaction scale of power station products [4].

Core Points - The company held its fourth extraordinary general meeting of shareholders on September 23, 2025, with all resolutions passed without any objections [2][4][6] - The company approved several amendments to its articles of association and management rules, including an increase in registered capital and the cancellation of the supervisory board [4][5][6] - The company announced a downward adjustment of the conversion price for its convertible bonds from 5.21 CNY per share to 4.50 CNY per share, effective from September 25, 2025 [16][24][25] Meeting Details - The meeting was held at the company's headquarters in Shanghai, with all board members and supervisors present [2][3] - Voting was conducted through a combination of on-site and online methods, complying with legal and regulatory requirements [2][6] Resolutions Passed - The following resolutions were approved: - Increase in registered capital and cancellation of the supervisory board [4] - Amendments to the company's shareholder meeting rules [5] - Amendments to the board meeting rules [5] - Amendments to the independent director work system [5] - Amendments to the related party transaction management system [5] - Amendments to the external guarantee management system [5] - Amendments to the external investment management system [5] - Amendments to the fundraising management system [5] - Proposal to lower the conversion price of "Jinko Convertible Bonds" [5][6] Board Changes - Non-independent director Hu Jianjun resigned for personal reasons, effective immediately [9][11] - Xiao Yanjun was elected as the employee representative director on September 23, 2025, with a term until the end of the current board's tenure [9][12] Convertible Bonds Information - The company issued 30 million convertible bonds in 2021, with a total value of 3 billion CNY, and the bonds are set to mature in 2027 [18] - The conversion price has been adjusted multiple times since issuance, with the latest adjustment due to stock price performance [19][23] - The company will not propose further downward adjustments to the conversion price for six months following the latest adjustment [26]

Group 1 - The company announced a downward adjustment of the conversion price for "Jinko Convertible Bonds" from 5.21 CNY/share to 4.50 CNY/share, effective from September 25, 2025 [2] - The "Jinko Convertible Bonds" were publicly issued on April 23, 2021, with a total issuance amount of 3 billion CNY and a term of 6 years, listed on the Shanghai Stock Exchange on May 31, 2021 [2] - The adjustment of the conversion price was triggered by the stock price falling below 90% of the current conversion price for 15 out of 30 trading days during the specified period [2] Group 2 - The company indicated that if the conversion price adjustment conditions are triggered again within the next six months (from September 25, 2025, to March 24, 2026), it will not propose a revision plan [3] - The company's stock closed at 3.67 CNY/share on September 23, with a total market capitalization of 13.11 billion CNY, while the convertible bond closed at 123.693 CNY per bond [4]