SHANGRAO, China, Feb. 10, 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 it ranked No.1 in the Global Solar Module Manufacturers Ranking 2025 report recently published by Wood Mackenzie, thanks to its outstanding technological capabilities and highly efficient module performance. This achievement not only reflects the Company's commitment to high-quality develo ...

In my previous article, I rated JinkoSolar Holding Co, Ltd (NYSE: NYSE: JKS ) as a buy based on its strong operational efficiency. In this article, I am reiterating my buy rating driven by the company's resiliency amidFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enabling me to uncov ...

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving JinkoSolar and its officers or directors [1] Group 1: Financial Performance - JinkoSolar reported preliminary unaudited financial results for 2024, estimating a net income between 80 million yuan and 120 million yuan ($10.92 million to $16.37 million), indicating a decline of over 98% [2] - The company anticipates a full-year preliminary unaudited net loss attributable to shareholders, excluding extraordinary gains and losses, ranging from 750 million yuan to 1.05 billion yuan, representing a decrease of 100.8% to 115.2% [2] - Following the announcement of these results, JinkoSolar's American depositary receipt (ADR) price dropped by $2.30 per ADR, or 9.77%, closing at $21.24 per ADR on January 17, 2025 [2] Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [3]

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 [email protected] 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. [Click here for information about joining the class action]On January ...

Core Viewpoint - JinkoSolar's majority-owned subsidiary, Jiangxi Jinko, reported significant declines in preliminary unaudited financial results for the year ended December 31, 2024, indicating a challenging financial environment for the company [1][2]. Financial Performance - Preliminary unaudited net income attributable to shareholders of Jiangxi Jinko is estimated to be between RMB80 million to RMB120 million, representing a decrease of 98.39% to 98.92% compared to the previous year, which was RMB7,320.48 million to RMB7,360.48 million [2]. - 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% from the previous year's loss of RMB7,654.04 million to RMB7,954.04 million [2]. Accounting and Reporting Differences - The preliminary unaudited financial results for Jiangxi Jinko differ from JinkoSolar's consolidated financial results due to differences in consolidation scope and accounting standards, with Jiangxi Jinko's results prepared in accordance with PRC GAAP and the consolidated results prepared under U.S. GAAP [3]. Company Ownership - JinkoSolar currently holds approximately 58.59% equity interest in Jiangxi Jinko, indicating a majority ownership stake [4]. Company Overview - JinkoSolar is recognized as one of the largest and most innovative solar module manufacturers globally, with a diverse customer base across multiple countries [5]. - The company operates over 10 production facilities and has more than 20 overseas subsidiaries, showcasing its extensive global presence [6].

Company Breakthrough - JinkoSolar achieved a significant breakthrough in N-type TOPCon-based perovskite tandem solar cell technology, with a conversion efficiency of 33.84%, surpassing its previous record of 33.24% [1] - This marks the 27th time JinkoSolar has set a world record for efficiency and power output in PV products [1] Technological Innovations - The perovskite tandem solar cell utilizes N-type high-efficiency monocrystalline TOPCon solar cell as the bottom cell, enhanced by advancements in full-area passivated contact technology, perovskite interfacial defect passivation technology, and bulk defect passivation technology [2] - The breakthrough highlights the compatibility of TOPCon with next-generation perovskite/silicon tandem cell technology, paving the way for future developments in the photovoltaic industry [2] Company Overview - JinkoSolar is one of the largest and most innovative solar module manufacturers globally, distributing products and solutions to utility, commercial, and residential customers across multiple countries and regions [3] - As of September 30, 2024, JinkoSolar operates over 10 production facilities globally, with more than 20 overseas subsidiaries and a global sales network spanning multiple countries [4] Management Statement - Dr. Jin Hao, CTO of JinkoSolar, emphasized the company's ongoing investments in R&D and commitment to excellence, which have led to remarkable progress in solar cell efficiency [3]

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. Steve ...

Core Insights - JinkoSolar has received two prestigious awards from EUPD Research in 2024, namely the DACH Energy Transition Award and the SolarProsumer Award, highlighting its commitment to energy transition and consumer trust in its products [2][7]. Group 1: Awards and Recognition - The DACH Energy Transition Award acknowledges companies that successfully integrate new energy solutions into their product and service offerings, serving as role models in the DACH region [3]. - The SolarProsumer Award recognizes companies that promote innovative business models in the photovoltaic industry, emphasizing the role of consumers as energy producers [8]. Group 2: Company Overview - JinkoSolar is one of the largest solar module manufacturers globally, with over 10 production facilities and more than 20 overseas subsidiaries across various countries, including Japan, South Korea, and Germany, as of September 30, 2024 [4][9]. - The company distributes solar products and services to a diverse customer base, including utility-scale, commercial, and residential clients in multiple regions, such as the United States, Europe, and Asia [9].

Share Repurchase Program - The company has approved the upsizing and extension of its existing share repurchase program, increasing the aggregate value from $200 million to $350 million [1][3] - The existing share repurchase program was initially launched in July 2022 and extended by 18 months through June 30, 2025, with $134.5 million of ADSs repurchased as of the press release date [2][3] - The extended share repurchase program allows the company to repurchase up to approximately $215.5 million of its Class A ordinary shares represented by ADSs through June 30, 2026 [3] Company Overview - JinkoSolar is one of the largest and most innovative solar module manufacturers globally, with a diversified international customer base across multiple countries and regions [6] - The company operates over 10 production facilities globally and has more than 20 overseas subsidiaries, supported by a global sales network with teams in various countries [7] Management Commentary - The upsizing and extension of the share repurchase program reflect the company's confidence in its long-term business growth, driven by its N-type TOPCon technology, global operation network, and advanced integrated capacity structure [5]

Core Insights - Indigenized Energy and JinkoSolar have partnered to donate over 2,000 solar modules, providing more than 800kW of energy to Tribal Nations in the Midwestern United States, marking the largest donation of its kind to date [1][2] - The initial beneficiaries of this donation include the Northern Cheyenne Tribe, Chippewa Cree Tribe, and Oglala Sioux Tribe, with funding connected to Department of Energy and EPA's Solar For All initiatives [2] - JinkoSolar aims to support tribal communities in achieving energy sovereignty and renewable energy leadership, building on previous contributions to the Standing Rock Sioux Tribe [3] Company Overview - JinkoSolar is one of the largest solar module manufacturers globally, distributing products across various international markets including the U.S., China, and Europe [4] - Indigenized Energy is a Native-led organization focused on energy transformation and economic development for tribes, operating as a fiscally sponsored project of Mission Edge San Diego [5]