Jinko Solar(SH:688223) Xin Lang Cai Jing·2025-09-23 01:25Core Viewpoint - JinkoSolar's stock experienced a decline of 3.18% on September 22, with a trading volume of 580 million yuan, indicating market volatility and investor sentiment towards the company [1]. Financing Summary - On September 22, JinkoSolar had a financing buy-in amount of 81.40 million yuan, with a net financing buy of 34.35 million yuan after repayments [1]. - The total financing and securities balance for JinkoSolar reached 990 million yuan, with the financing balance accounting for 1.91% of its market capitalization, indicating a high level of financing activity compared to the past year [1]. - In terms of securities lending, JinkoSolar had a total of 427,000 shares available for lending, with a balance of 2.21 million yuan, which is below the 30th percentile of the past year, suggesting lower short-selling interest [1]. Company Performance - As of June 30, JinkoSolar reported a total of 74,200 shareholders, a slight increase of 0.89%, while the average number of circulating shares per person decreased by 0.88% [2]. - For the first half of 2025, JinkoSolar achieved a revenue of 31.83 billion yuan, a significant year-on-year decrease of 32.63%, and reported a net loss of 2.91 billion yuan, a drastic decline of 342.38% compared to the previous year [2]. Dividend and Shareholding Structure - Since its A-share listing, JinkoSolar has distributed a total of 3.36 billion yuan in dividends, with 3.12 billion yuan distributed over the past three years [3]. - As of June 30, 2025, the largest circulating shareholder was Hong Kong Central Clearing Limited, holding 438 million shares, an increase of 57.21 million shares from the previous period [3]. - The fourth largest circulating shareholder, Huaxia SSE STAR 50 ETF, held 220 million shares, a decrease of 5.74 million shares, while the seventh largest, E Fund SSE STAR 50 ETF, increased its holdings to 166 million shares, up by 4.71 million shares [3].