JinkoSolar's Subsidiary, Jinko Solar Co., Ltd., Announces Estimates of Certain Preliminary Unaudited Financial Results for Full Year 2025
JinkoSolarJinkoSolar(US:JKS) Prnewswire·2026-01-21 10:32

Core Viewpoint - JinkoSolar's majority-owned subsidiary, Jiangxi Jinko, has reported preliminary unaudited financial results for the year ended December 31, 2025, indicating significant net losses attributable to shareholders. Financial Results - For the year ended December 31, 2025, the preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko is estimated to be between RMB5,900 million and RMB6,900 million [2] - The preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko, excluding extraordinary gains and losses, is estimated to be between RMB6,700 million and RMB7,800 million [2] Accounting and Reporting Differences - The preliminary unaudited financial results for Jiangxi Jinko differ from JinkoSolar's consolidated financial results due to differences in consolidation scope and accounting standards, with Jiangxi Jinko's results prepared in accordance with PRC GAAP and the consolidated results prepared under U.S. GAAP [3] - Investors are advised to exercise caution when reviewing the preliminary unaudited financial results of Jiangxi Jinko and not to base investment decisions solely on these results [3] Company Ownership - JinkoSolar currently holds approximately 55.59% equity interest in Jiangxi Jinko [4] Company Overview - JinkoSolar is recognized as one of the largest and most innovative solar module manufacturers globally, distributing products and services to a diverse international customer base across multiple countries [5] - As of September 30, 2025, JinkoSolar operates over 10 production facilities and has more than 20 overseas subsidiaries in various countries, supported by a global sales network [6]

JinkoSolar's Subsidiary, Jinko Solar Co., Ltd., Announces Estimates of Certain Preliminary Unaudited Financial Results for Full Year 2025 - Reportify