晶科能源出售子公司：11亿元转让款遭拖欠近一年 买家已承诺分期支付

Core Viewpoint - JinkoSolar is facing significant financial challenges due to delayed payments from the buyer of its subsidiary, with a total of 11 billion RMB owed and an additional performance compensation of 3.9 billion RMB required [1][4][5] Group 1: Financial Transactions - JinkoSolar sold its subsidiary, Xinjiang Shibang Photovoltaic Technology Co., Ltd., for a total of 4.3 billion RMB, with payments structured in three phases [2] - The first payment of 1.2 billion RMB was received, but the second payment of 1.5 billion RMB has not been fully paid, with only 394 million RMB received to date [2][3] - The buyer, Sichuan Shiyang Green Energy Technology Co., Ltd., has committed to pay the remaining amount in installments, with 1.06 billion RMB due in 2025 and 1 billion RMB due from 2026 to 2028 [3] Group 2: Performance Compensation - JinkoSolar is obligated to pay a performance compensation of 3.9 billion RMB if the subsidiary does not meet the agreed net profit target of 500 million RMB for 2024 [4][5] - The company has recognized a financial liability of approximately 600 million RMB related to this performance compensation in its financial statements [5] - JinkoSolar has stated that it will not pay the performance compensation until the buyer fulfills its payment obligations for the second phase of the equity transfer [5]