晶科能源跌3.18%，成交额5.80亿元，近3日主力净流入-2.59亿

Core Viewpoint - JinkoSolar's stock experienced a decline of 3.18% on September 22, with a trading volume of 580 million yuan and a market capitalization of 51.827 billion yuan [1] Group 1: Company Performance and Developments - JinkoSolar has successfully mass-produced high-efficiency N-type TOPCon batteries and is actively developing new technologies and processes, including IBC and calcium-titanate batteries [2] - The company has a strong technical reserve in the N-type TOPCon field, with clear paths for efficiency improvement and cost reduction, and plans to increase investment to maintain its leadership in the "N-type era" [2] - JinkoSolar's main business includes the research, production, and sales of solar photovoltaic modules, battery cells, and silicon wafers, providing high-quality solar products globally [2][6] - As of June 30, JinkoSolar reported a revenue of 31.831 billion yuan for the first half of 2025, a year-on-year decrease of 32.63%, and a net profit attributable to shareholders of -2.909 billion yuan, a decrease of 342.38% [6] Group 2: Market and Financial Analysis - The main net inflow of funds for JinkoSolar was -93.958 million yuan, accounting for 0.18%, indicating a continuous reduction in main funds over three days [3][4] - The average trading cost of JinkoSolar's shares is 6.03 yuan, with recent reductions in holdings but at a slower pace; the current stock price is between resistance at 5.20 yuan and support at 5.17 yuan, suggesting potential for range trading [5] - JinkoSolar has distributed a total of 3.355 billion yuan in dividends since its A-share listing, with 3.125 billion yuan distributed over the past three years [7] Group 3: Shareholder and Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder of JinkoSolar, holding 438 million shares, an increase of 57.206 million shares from the previous period [8] - The Huaxia SSE STAR 50 ETF and E Fund SSE STAR 50 ETF are also among the top shareholders, with changes in their holdings noted [8]