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Nuveen Increases JinkoSolar Holding Co., Ltd. (JKS) Amid $300M Share Sale
Yahoo Financeยท 2025-09-16 13:59
Core Insights - JinkoSolar Holding Co., Ltd. (NYSE:JKS) is identified as one of the most undervalued solar stocks currently available for investment [1] - The company plans to sell 300.2 million A shares of its subsidiary, Jiangxi Jinko, to raise funds, with the share price set at no less than 70% of the average trading price over the past 20 days [2] - The CEO of JinkoSolar, Mr. Xiande Li, stated that the sale of A shares will enhance cash flows, improve cash position, support ongoing operations, and preserve capacity for future shareholder returns [3] Company Overview - JinkoSolar is a Chinese company established in 2006, specializing in the development and marketing of photovoltaic products, solar system integration services, energy storage systems, and solar power generation [3]