Jinko Solar(SH:688223) Xin Lang Cai Jing·2025-10-21 02:40Core Viewpoint - JinkoSolar's stock experienced a slight decline of 0.91% on October 20, with a trading volume of 436 million yuan, indicating a high level of trading activity in the context of its financing and margin trading status [1] Financing Summary - On October 20, JinkoSolar had a financing buy-in amount of 35.8 million yuan, with a net financing purchase of 10.1 million yuan after accounting for repayments [1] - The total financing and margin trading balance for JinkoSolar reached 866 million yuan, with the financing balance accounting for 1.58% of its market capitalization, indicating a high level compared to the past year [1] - The company’s margin trading showed a repayment of 49,100 shares and a sell-off of 39,800 shares, with a margin balance of 4.2 million yuan, also at a high level compared to the past year [1] Company Performance - As of June 30, JinkoSolar reported a total of 74,200 shareholders, a slight increase of 0.89%, while the average circulating shares per person decreased by 0.88% to 134,811 shares [2] - For the first half of 2025, JinkoSolar achieved a revenue of 31.8 billion yuan, reflecting a significant year-on-year decrease of 32.63%, and a net profit attributable to shareholders of -2.9 billion yuan, a drastic decline of 342.38% [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 57.2 million shares from the previous period [3] - The fourth largest circulating shareholder, Huaxia SSE STAR 50 ETF, held 220 million shares, a decrease of 5.7 million shares, while the seventh largest, E Fund SSE STAR 50 ETF, increased its holdings by 4.7 million shares to 166 million shares [3]