JA SOLAR(SZ:002459) Xin Lang Cai Jing·2025-10-24 01:48Core Viewpoint - JinkoSolar Technology Co., Ltd. has experienced fluctuations in financing and stock performance, with significant changes in revenue and net profit reported for the first half of 2025 [1][2]. Financing Summary - On October 23, JinkoSolar's stock rose by 0.62%, with a trading volume of 532 million yuan. The financing buy-in amount was 32.80 million yuan, while the financing repayment was 46.56 million yuan, resulting in a net financing outflow of 13.76 million yuan [1]. - As of October 23, the total financing and securities lending balance for JinkoSolar was 555 million yuan, with the financing balance at 551 million yuan, accounting for 1.28% of the circulating market value, which is below the 10% percentile level over the past year [1]. - In terms of securities lending, JinkoSolar repaid 104,300 shares and sold 31,600 shares on October 23, with a selling amount of 411,400 yuan. The securities lending balance was 3.13 million yuan, exceeding the 80% percentile level over the past year [1]. Business Performance Summary - As of June 30, JinkoSolar had 178,600 shareholders, an increase of 3.53% from the previous period. The average circulating shares per person decreased by 3.41% to 18,512 shares [2]. - For the first half of 2025, JinkoSolar reported operating revenue of 23.90 billion yuan, a year-on-year decrease of 36.01%. The net profit attributable to shareholders was -2.58 billion yuan, a significant decline of 195.13% compared to the previous year [2]. Dividend and Shareholding Summary - Since its A-share listing, JinkoSolar has distributed a total of 3.06 billion yuan in dividends, with 2.42 billion yuan distributed over the past three years [3]. - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the second-largest shareholder with 221 million shares, a decrease of 15.24 million shares from the previous period. Other notable shareholders included Huatai-PB CSI 300 ETF and E Fund High-end Manufacturing Stock A, with varying changes in their holdings [3].