JA SOLAR(SZ:002459) Xin Lang Cai Jing·2025-11-18 01:26Core Viewpoint - JinkoSolar Technology Co., Ltd. experienced a decline of 1.93% in stock price on November 17, with a trading volume of 960 million yuan, indicating a challenging market environment for the company [1] Financing Summary - On November 17, JinkoSolar had a financing buy-in amount of 105 million yuan, with a net financing purchase of 27.51 million yuan after repayments [1] - The total financing and securities balance reached 911 million yuan, with the financing balance accounting for 1.93% of the circulating market value, indicating a high level compared to the past year [1] - The company repaid 5,200 shares in securities lending and sold 10,100 shares, with a total selling amount of 143,400 yuan, while the securities lending balance was 1.88 million yuan, which is below the 40th percentile of the past year [1] Business Performance - As of September 30, JinkoSolar reported a total of 147,800 shareholders, a decrease of 17.24% from the previous period, while the average circulating shares per person increased by 20.84% to 22,370 shares [2] - For the period from January to September 2025, the company achieved operating revenue of 36.809 billion yuan, a year-on-year decrease of 32.27%, and a net profit attributable to shareholders of -3.553 billion yuan, a significant decline of 633.54% [2] Dividend and Shareholding Structure - Since its A-share listing, JinkoSolar has distributed a total of 3.055 billion yuan in dividends, with 2.415 billion yuan distributed over the past three years [3] - As of September 30, 2025, the second-largest circulating shareholder was Hong Kong Central Clearing Limited, holding 214 million shares, a decrease of 7.3649 million shares from the previous period [3] - Other notable changes in institutional holdings include an increase in shares held by GF Advanced Manufacturing Stock A and a decrease in shares held by Huatai-PB CSI 300 ETF [3]