JinkoSolar(JKS) Prnewswire·2025-02-04 20:55Core 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 (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 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]